Miami, a city located in the state of Florida (FL), is home to a population of approximately 6,080,140 people. Miami boasts a median age of 39.7, with around 22.3% of its residents aged 60 or above. 2% of the population identifies as US Veterans. 11.6% of Miami residents are disabled. The city has an average household income of $54,858, while the unemployment rate stands at 5%, and around 20% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Miami is $433,122, with a monthly rent averaging $1,494.