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The Real Deal Miami

Census: SF wealth down, poverty up

September 29, 2010 02:15PM

Housing values crashed, renting became more popular and many in South
Florida saw their income and wealth drop. Those are a few of the
revelations in new data from the Census Bureau. Miami saw its population
increase to about 433,000. “A lot of people are moving to Miami,” said
Dario Gonzalez, a researcher at Florida International University’s Metropolitan Center. According to
the 2009 data, the typical household income in Miami-Dade County decreased to $63,000 from $67,000. Broward’s income fell to $69,000. [Miami