Miami-Dade Incomes Are Now Below Where They Were In 1970
Unemployment in Miami-Dade has never been lower.
Unfortunately, the same can also be said of incomes.
A new calculation shows that the median household income in Miami-Dade has actually decreased over the past five decades—to $45,900 in 2016 from $49,800 in 1970.
That's according to Alan Berube, senior fellow and deputy director at the Brookings Institution Metropolitan Policy Program. Berube is keynote speaker at today's Annual Metro Forum: State of the South Florida Economy presentation at the FIU Metropolitan Center.
Read more from our news partner, The Miami Herald.