Miami, AZ Profile: Facts & Data

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Miami, Arizona - Basic Facts

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The Town of Miami had a population of 1,522 as of July 1, 2022. Miami ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Arizona. See peer rankings below.

The primary coordinate point for Miami is located at latitude 33.3992 and longitude -110.8687 in Gila County. The formal boundaries for the Town of Miami encompass a land area of 0.88 sq. miles and a water area of 0 sq. miles. Gila County is in the Mountain time zone (GMT -7). The elevation is 3,402 feet.

The Town of Miami has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Arizona is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Miami is located within Globe-Miami Division of Gila County.


Jump to... (On This Page!)
  1. Miami 2022 Demographic Data
  2. Growth Rates for Miami (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Arizona Research Tools (Easy Tools & Current Data)
  3. Arizona Data Comparison Tool - 2022 Demographics
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Miami, AZ Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 1,522 (100%)
Population in Households 1,516 (99.6%)
Population in Families 1,192 (78.3%)
Population in Group Quarters1 6 ( 0.4%)
Population Density 1,708
Diversity Index2 80
 
 

INCOME

Median Household Income $36,283
Average Household Income $51,133
% of Income for Mortgage4 12%
Per Capita Income $21,987
Wealth Index5 35
 

HOUSING

Total HU (Housing Units) 881 (100%)
Owner Occupied HU 457 (51.9%)
Renter Occupied HU 188 (21.3%)
Vacant Housing Units 236 (26.8%)
Median Home Value $80,833
Average Home Value $132,353
Housing Affordability Index3 224
 

HOUSEHOLDS

Total Households 645
Average Household Size 2.35
Family Households 399
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population -0.55% 0.04%
Households 0.42% 0.12%
Families   0.10%
Median Household Income   2.06%
Per Capita Income   2.47%
Owner Occupied HU   0.65%

Miami, AZ - Peer Comparisons by Rank and Percentile

The table below compares Miami to the other 467 incorporated cities, towns and CDPs in Arizona by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 172 63rd
Population Density # 32 93rd
Median Household Income # 360 23rd
Housing Affordability Index # 387 83rd
Per Capita Income # 289 38th
Diversity Index # 47 90th

Additional comparisons and rankings can be made with a VERY EASY TO USE Arizona Census Data Comparison Tool.

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