Housing Affordability for Families* in the City of Miami and Selected Neighborhoods, 2000 (in 2005 dollars**)
Area
Weighted Median Family Income***
Affordable**** Rent/Monthly Mortgage Payment at the Family Median Income
City of Miami
$32,453
$811
Allapattah
$27,227
$681
East Little Havana
$20,521
$513
Liberty City
$23,896
$597
Little Haiti
$25,496
$637
Overtown
$14,161
$354
Wynwood
$20,660
$517
Source: Authors’ analysis of U.S. Census Bureau, Census 2000 Summary File 3 data
*Data is collected on a household basis. A family includes a householder and one or more other people living in the same household who are related to the householder by birth, marriage, or adoption.
** Dollar amounts reflect inflation from April 1999 to April 2005.
***Weighted family median income was derived by using the 1999 family median income for all block groups for which the center lies within the neighborhood boundary. To calculate a neighborhood median, the medians for the respective block groups were weighted based on number of families and the standard method of calculating a median was then applied.
****A unit is considered affordable if it costs no more than 30% of the family's income.
To view this table in Microsoft Excel, click here.
To view the full report Affordable Housing Cost for Families Residing in Low-Income Miami-Dade Neighborhoods,click here.
