Miami-Dade is getting wealthier.
But as the cost of goods and services here rises alongside incomes, some residents may be getting pushed out.
The median Miami-Dade household pulled down $52,043 in 2018, the most recent year for which Census data is available. That was up 4.6% from the $49,758 median in 2017, and up 18.5% from 2008.
Incomes in Broward and Palm Beach counties also climbed during these periods, though at slower rates. The median Broward household took in $57,200 in 2018, up less than 1% from the $56,702 median of 2017 and an increase of 11% from 2008. The median Palm Beach household earned $61,735, up 2.8% from 2017’s $60,059 level and up 17% from 2008.
Read more at news partner the Miami Herald.
