CitytisticsShortlist

Cost of living, pay and housing

27.58° N · 80.33° W · GEOID 1267192

South Beach

Indian River County, Florida · part of the Sebastian, FL metro

Limited data population under 5,000

FloridaSouth Beach, FLSouth BeachSouth Beach

The short answer

South Beach is home to 3,063 people. Median household income is $193,594 a year and median rent is $3,501 a month, 21.7% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $900,700, about 4.7x annual median household income.

Median gross rent
$3,501
156% above the median place
Median household income
$193,594
141% above the median place
Median home value
$900,700
182% above the median place
Unemployment
4.5%
8% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about South Beach

  • 99% of homes are owner-occupied, more than in 99% of the 2,476 places under 10,000 people we track. It is the highest of 474 Florida places.
  • 47% of workers mostly work from home, more than in 99% of places its size. It is the 2nd-highest of 446 Florida places.
  • After the median rent, and with prices for everything else adjusted to the US average, the median household has about $155,300 a year left, more than in 94% of places its size. It is the 3rd-highest of 458 Florida places.
  • Median rent is $3,501 a month, higher than in 98% of places its size. It is the highest of 474 Florida places.
  • The median resident is 68.3 years old, older than in 99% of places its size.

Many people here skip the commute entirely: 47% work from home, which keeps total commuting time lower than in 95% of places.

01

Moving to South Beach

Indian River County gains about 14.6 residents per 1,000 a year to moves between counties.

Moved in9,930
Moved out7,962
Net+1,968

Where people come from and where they go, top counties

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$134K
Leavers$84K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Indian River County; flows under 20 returns are not published.

Who moves here
7.7% of residents arrived from another county in the past year, 3.3% from another state. County figure.
Who arrives and who leaves
Households moving into Indian River County report $134,200 a year in income on average; those leaving, $83,600, so newcomers earn more than leavers.
Income you would need
$140,000 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $3,501 a month; owners with a mortgage pay $4,001 a month including taxes and insurance, on a median home of $900,700.
Getting to work
26 minutes each way on average; 46.7% work from home.
If it is close but not quite
Longboat Key, FL matches it on character. Compare the two
Income of households moving in7
$134,165
90% above the median place
Net movers per 1,000 people7
14.6
above the median place (median -0.6)
Moved from another state1
3.3%
67% above the median place
All 5 moving measures
MeasureSouth BeachAmong 6,645 placesVs median
Moved here in the past year1County figure7.7%33% above
Moved from another state1County figure3.3%67% above
Net movers per 1,000 people7County figure14.6above (median -0.6)
Income of households moving in7County figure$134,16590% above
Income of households moving out7County figure$83,57119% above
02

What it costs to live here

Homeownership is 98.5%, 48% above the median place.

South Beach21.7%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$140,040
a year, at the 30% line
Rent to income
21.7%
6% above the median place
Home price to income
4.7x
22% above the median place

Could you afford it?

The median rent would take
22%
comfortably under the 30% line
Left after rent, in US prices
$155,700
a year
Vs the typical household here
Same
as the median household

Uses the median rent in South Beach, $3,501 a month, and local prices for everything else (97.6 against a US average of 100). It runs in your browser and stores nothing.

Like South Beach, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Pepper Pike, OH18.4% vs 21.7%$36,500Compare
The Village of Indian Hill, OH13.7% vs 21.7%$53,700Compare
Long Grove, IL16.8% vs 21.7%$48,900Compare

Moving from somewhere else? Work out the salary you would need in South Beach.

Sponsored · exampleMoving to South Beach? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Homeownership1
98.5%
48% above the median place
Vacant homes1
32.8%
364% above the median place
Owner costs with a mortgage1
$4,001
114% above the median place
All 16 cost and housing measures
MeasureSouth BeachAmong 6,645 placesVs median
Median gross rent1$3,501156% above
Rent to income121.7%6% above
Property tax rate10.7%22% below
Home price to income14.7x22% above
Prices vs US average2Metro figure98.33% below
Fair market rent, 2 bedrooms3County figure$1,5425% below
HUD area median income4County figure$105,2002% below
Property tax paid (median)1$6,43197% above
Median home value1$900,700182% above
Home prices, 1-year change5County figure-1.6%below (median 3.2%)
Home prices, 5-year change5County figure58.0%13% above
Homeownership198.5%48% above
Renters paying 30%+1County figure56.6%12% above
Owner costs with a mortgage1$4,001114% above
Vacant homes132.8%364% above
Median year built119840% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Works from home1
46.7%
275% above the median place
Income per person1
$136,069
240% above the median place

More on work and pay, against the typical place

Median household income$193,594 2.4×
Poverty rate4.7% −57%
Mean commute26 min +4%
All 10 work and pay measures
MeasureSouth BeachAmong 6,645 placesVs median
Median household income1$193,594141% above
Income per person1$136,069240% above
Unemployment1County figure4.5%8% below
Average annual pay6County figure$63,3524% below
Pay growth, 1 year6County figure9.2%149% above
Jobs6County figure57,57662% below
Poverty rate14.7%57% below
Mean commute126 min4% above
Works from home146.7%275% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 68.3, 75% above the median place.

Median age1
68.3
75% above the median place
Household size1
2.0
18% below the median place
High school or higher1
97.8%
6% above the median place

More about who lives here, against the typical place

Bachelor's or higher66.5% 2.1×
Homes with broadband96.8% +5%
Born abroad5.6% −37%
All 8 people measures
MeasureSouth BeachAmong 6,645 placesVs median
Population13,0636646th largest
Median age168.375% above
Bachelor's or higher166.5%107% above
High school or higher197.8%6% above
Household size12.018% below
Born abroad15.6%37% below
No health insurance1County figure10.0%56% above
Homes with broadband196.8%5% above
05

Life in South Beach

32 sites are on the National Register of Historic Places, one of them a National Historic Landmark.

Out the door, against the typical place

Parks per 10k residents26.1 2.6×
Playgrounds per 10k6.5 −31%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails3 km +45%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars17.5 −16%
Shops37.1 +22%
Arts, recreation and fitness5.0 +22%
Doctors' offices and clinics26.2 +30%
Child care centers1.7 −26%

Counts businesses with paid staff, so small owner-run shops are not included.

Child care centers per 10k8
1.7
26% below the median place
Shops per 10k8
37.1
22% above the median place
Doctors' offices and clinics per 10k8
26.2
30% above the median place
All 16 schools and local life measures
MeasureSouth BeachAmong 6,645 placesVs median
Public schools11County figure28211% above
Public school students11County figure16,621239% above
Students per teacher11County figure17.715% above
Restaurants and bars per 10k8County figure17.516% below
Shops per 10k8County figure37.122% above
Arts, recreation and fitness per 10k8County figure5.022% above
Doctors' offices and clinics per 10k8County figure26.230% above
Child care centers per 10k8County figure1.726% below
Parks per 10k926.1157% above
Playgrounds per 10k96.531% below
Grocery stores per 10k90.0below (median 2.1)
Restaurants, cafes and bars per 10k90.0below (median 11.2)
Libraries per 10k90.0below (median 0.9)
Named paths and bike trails92.945% above
Transit stops per sq mi90.0below (median 0.2)
National Register listings10County figure32146% above
06

Safety, weather and risk

January average low is 51°F, 103% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached South Beach. Larger places are fetched first.

January average low12
51°F
103% above the median place
Average temperature12
73°F
33% above the median place
Good air days14
94.1%
37% above the median place
All 11 weather and risk measures
MeasureSouth BeachAmong 6,645 placesVs median
July average high12County figure90°F4% above
January average low12County figure51°F103% above
Average temperature12County figure73°F33% above
Annual precipitation12County figure52.4 in20% above
Natural hazard risk13County figure95.63% above
Hurricane risk13County figure99.240% above
Tornado risk13County figure72.511% below
Wildfire risk13County figure88.244% above
Heat wave risk13County figure63.130% below
Median air quality index14County figure3714% below
Good air days14County figure94.1%37% above
08

South Beach in 2030: where the trends point

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median household income$193,594 (2024)$249,500$211,000 to $295,000+4.3%
Median home value$900,700 (2024)$1,264,000$917,000 to $1,741,000+5.8%

The median home would be worth 5.1 years of the median income in 2030, against 4.7 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like South Beach

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Longboat Key, FL$3,501$158,030Compare
Skidaway Island, GA$3,501$136,156Compare
Pelican Bay, FL$3,420$163,520Compare
North Hills, NY$3,501$173,315Compare
North Hills, NYPelican Bay, FLSkidaway Island, GALongboat Key, FLSouth Beach, FLSouth BeachLongboat KeySkidaway IslandPelican BayNorth HillsSouth BeachLongboat KeySkidaway IslandNorth Hills

Common questions

Is South Beach a good place to live?

It depends on what you need, so here is what the numbers say. 99% of homes are owner-occupied, more than in 99% of the 2,476 places under 10,000 people we track. It is the highest of 474 Florida places. 47% of workers mostly work from home, more than in 99% of places its size. It is the 2nd-highest of 446 Florida places. On cost, space and class size it scores 57 out of 100 for families. See how it ranks with your own weights.

Is South Beach expensive to live in?

The median rent takes 21.7% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $900,700.

What salary do you need to live in South Beach?

To rent the median home without spending more than 30% of income on rent, a household needs about $140,040 a year. Work it out from your current city.

What places are similar to South Beach?

On income, rent, home value, education and age, the closest matches are Longboat Key, FL, Skidaway Island, GA, Pelican Bay, FL and North Hills, NY.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  14. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares South Beach with places of a similar size, using only figures measured for South Beach itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/south-beach-florida

Citytistics. “South Beach, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/south-beach-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.