Miami-Dade County Prosperity Initiatives Study Groundbreaking research-based community action plan to improve economic opportunity and self-sufficiency.
Economic and Housing Market Analysis Development of strategic economic projects and studies that look at regional development problems and opportunities.
Survey and Opinion Research Conduction of quantitative and qualitative public opinion research, including surveys, focus groups, one-on-one interviews and mystery shops.
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1930 SW 145th Avenue
Miramar, FL 33027
While Miami remains without an affordable housing masterplan, cheap housing continues to disappear, a devastating situation in a municipality where the median household income is $39,000 a year. Edward “Ned” Murray, associate director of the Jorge M. Pérez Metropolitan Center, said the rising cost of living is making it impossible for Miamians to stay in Miami. “That,” he said, “is why so many workers have migrated out of Miami.”
Just 18% of households in Palm Beach County can afford the median price of a home, according to an assessment by the Jorge M. Pérez Metropolitan Center at Florida International University. The numbers are even bleaker to the south, where about 15% of Broward County households and 9% of Miami-Dade County can afford the median home price.
FIU researcher Nika Zyryanova said before COVID-19, a quarter of a million renter households were cost-burdened, meaning they were spending more than 30 percent of their income on housing and 90 percent of renters were making less than of $35,000 dollars a year. “Renter assisted need far exceeds what is available,” Zyryanova said. “With that type of income you really can’t afford to live in Miami-Dade.”
COVID-19 Economic Recovery Index©
Interact with our newly developed COVID-19 Economic Recovery Index© where we track the local economy’s recovery from the COVID-19 pandemic.
View recent reports published by the Jorge M. Perez Metropolitan Center.
Using infographics, our staff prepares a brief analysis of issues of interest to the community.
As part of our commitment to providing local and state public and private decision-makers with relevant information on issues affecting South Florida, the FIU Jorge M. Perez Metropolitan Center is proud to present Policy Briefings.
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