Home / Select Cities  /  2024 Comparing Richmond, MI vs. Miami, FL

2024 Compare Cities Economy:
Richmond, MI vs Miami, FL

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Highlights
- Household income in Miami, is 18% less than it is in Richmond and is 44% below the National Average.
- Richmond unemployment rate is 4.3%.
- Miami unemployment rate is 8.3%.

Economy
 Richmond, MIMiami, FLUnited States
 Unemployment Rate4.3%8.3%6.0%
 Recent Job Growth0.2%0.8%1.6%
 Future Job Growth37.4%42.7%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes4.3%0.0%4.6%
 Income per Cap.$28,836$34,295$37,638
 Household Income$58,684$47,860$69,021
 Family Median Income$92,933$51,625$85,028
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 Est. Households By Income
 Richmond, MIMiami, FLUnited States
 Income Less Than 15K7.5%17.7%9.4%
 Income between 15K and 20K10.4%5.9%3.8%
 Income between 20K and 30K6.5%10.9%8.1%
 Income between 30K and 40K6.6%9.5%8.0%
 Income between 40K and 50K9.3%7.5%7.6%
 Income between 50K and 60K11.8%7.8%7.2%
 Income between 60K and 75K8.1%8.3%9.6%
 Income between 75K and 100K10.4%9.4%12.8%
 Income between 100K and 150K19.3%11.1%16.3%
 Income between 150K and 200K7.8%4.8%7.8%
 Income greater than 200K2.2%7.2%9.5%
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 Population By Occupation
 Richmond, MIMiami, FLUnited States
 Management, business, finance18.7%17.1%16.4%
 Engineering, computers, science5.2%3.3%6.5%
 Community, social services0.7%1.0%1.8%
 Legal0.0%2.4%1.2%
 Education, library2.2%3.7%6.2%
 Arts, design, media, sports, entertainment1.6%2.5%2.0%
 Healthcare practitioners and technology7.6%4.6%6.2%
 Healthcare support3.4%2.6%3.3%
 Firefighters, law enforcement1.7%1.9%2.1%
 Food preparation, serving3.6%7.2%5.4%
 Building maintenance2.1%7.7%3.6%
 Personal care4.9%3.0%2.6%
 Sales, office, administrative support20.6%21.7%20.9%
 Farming, fishing, forestry0.0%0.3%0.6%
 Construction, extraction, maintenance/repair5.8%11.1%8.1%
 Production, transportation, material moving21.7%10.0%13.1%

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Reviews for Richmond    1 Reviews

Over 17 years ago

The City of Richmond is surrounded by the much larger rural area of Richmond Township. It has very beautiful old buildings and a two mile long main street. The schools  More

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Reviews for Miami    189 Reviews

This Year

Great vacation spot with the best clubs and food. Wynwood and the Miami Design District are the best, just be careful at night. Area tends to jack prices up around  More

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Miami is rapidly devolving into a filthy, crime ridden, unattractive extension of Central America and South America. The population is a bunch of rude entitled dependent  More

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Beautiful place, well into the late 20th Century ... clean, safe, fun, peaceful. Started seeing elements of crap, just a tiny bit, back around 1980. Now what changed  More

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Compare Richmond, Michigan Cost of Living vs Miami, Florida Cost of Living: Taxes, Childcare, Groceries, Health...
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ZIPS IN RICHMOND, MICHIGAN
48062
ZIPS IN MIAMI, FLORIDA
33125, 33142, 33126, 33135, 33133, 33145, 33127, 33138, 33144, 33150, 18 total

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