Sure, Miami is hot: Hot weather, hot nightlife, hot housing. But compared with South Beach and its legendary party scene, Miami’s downtown, midtown, and port areas used to be far less exciting at night—or just about at any time, really. But in recent years, urban development with projects such as Miami World Center have brought tens of thousands of new residents to the area. Millennial professionals are attracted to the nightlife, restaurants, and shopping, as well as the ability to walk to work.
Downtown Miami is one of the fastest growing neighborhoods in the country, according to a report from realtor.com
The report projects that the 33132 zip code (an area that includes Worldcenter and parts of Edgewater) will see household growth of 14.9 percent over the next five years.
The forecast also calls for more than 13,000 new housing starts and 44,000 new jobs created in 2016 in Dade County. This is three times the housing growth and 4.8 times the jobs anticipated on average in the top 100 counties in the country, respectively.
America's Top Boom Towns
Miami’s principal industries are tourism, finance, commerce, media, entertainment, culture, the arts and international trade.
5 Cool Facts About Miami
- Projected five-year household growth 14.9%,
- Miami has one of the largest concentration (more than 150) of different ethnicities and languages.
- Miami has the largest cruise ship port in the world.
- With more than 800 parks Miami is one of the greenest city in Florida
- The Port of Miami is one of the busiest ports in all of the US.
Search real estate listings in Miami to find your home in one one of the America's top boom towns.
