2024 Compare Cities Economy:
Santa Monica, CA vs Miami Beach, FL

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Highlights
- Household income in Miami Beach, is 41% less than it is in Santa Monica and is 17% below the National Average.
- Santa Monica unemployment rate is 7.9%.
- Miami Beach unemployment rate is 5.9%.
 Santa Monica, CAMiami Beach, FLUnited States
 Unemployment Rate7.9%5.9%6.0%
 Recent Job Growth0.7%0.8%1.6%
 Future Job Growth33.0%36.9%33.5%
 Sales Taxes10.3%7.0%6.2%
 Income Taxes8.0%0.0%4.6%
 Income per Cap.$80,830$59,738$37,638
 Household Income$99,847$59,162$69,021
 Family Median Income$137,253$79,898$85,028
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 Est. Households By Income
 Santa Monica, CAMiami Beach, FLUnited States
 Income Less Than 15K11.6%13.6%9.4%
 Income between 15K and 20K2.7%4.4%3.8%
 Income between 20K and 30K5.6%9.6%8.1%
 Income between 30K and 40K5.5%9.3%8.0%
 Income between 40K and 50K4.5%7.2%7.6%
 Income between 50K and 60K3.7%6.4%7.2%
 Income between 60K and 75K7.4%8.7%9.6%
 Income between 75K and 100K9.1%10.7%12.8%
 Income between 100K and 150K14.8%10.7%16.3%
 Income between 150K and 200K11.6%7.0%7.8%
 Income greater than 200K23.6%12.4%9.5%
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 Population By Occupation
 Santa Monica, CAMiami Beach, FLUnited States
 Management, business, finance30.6%22.4%16.4%
 Engineering, computers, science10.5%5.0%6.5%
 Community, social services1.6%0.8%1.8%
 Legal4.2%3.2%1.2%
 Education, library5.8%3.8%6.2%
 Arts, design, media, sports, entertainment10.3%4.6%2.0%
 Healthcare practitioners and technology6.3%5.2%6.2%
 Healthcare support1.6%1.7%3.3%
 Firefighters, law enforcement0.6%1.6%2.1%
 Food preparation, serving3.3%11.1%5.4%
 Building maintenance1.2%6.5%3.6%
 Personal care2.6%4.5%2.6%
 Sales, office, administrative support15.6%18.8%20.9%
 Farming, fishing, forestry0.3%0.0%0.6%
 Construction, extraction, maintenance/repair2.5%4.5%8.1%
 Production, transportation, material moving3.1%6.4%13.1%
Reviews for Santa Monica    24 Reviews

I moved here to Santa Monica over 10 years ago from Oklahoma City. I was surprised to see that Oklahoma City was ranked higher than Santa Monica on best places. I  More

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I've lived in Santa Monica for over 30 years. It's a Mediterranean climate--sunny and temperate when the rest of the country is under snow! I am walking distance to  More

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I have lived in this city for 4 decades, and it is never been worse than it is now. It is a dangerous disgusting hell hole. Between the crime, the homeless that are not  More

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Reviews for Miami Beach    15 Reviews

I like it cause its walkable. Bert in general doesn't know much and the biggest problem in Miami Beach is rising oceans. Just Google that. Its a nice place to visit  More

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Over 7 years ago

Great place to live, eat and spend holidays with  More

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Over 8 years ago

Life here are extremely expensive, I lived here 1 year ago, and this's my opinion, bad things, the parking are the worst in Miami Area, there are no space, a lot of  More

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