Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Miami has to offer — where houses go for well over the national median and household incomes follow suit.
But where exactly in Miami do the richest of the rich people live? That would be Islands, where the median income is a cool $163,112.
$163,112 median income
$99,136 median income
$88,620 median income
$83,666 median income
$64,787 median income
$53,417 median income
$52,071 median income
$43,130 median income
$36,525 median income
$31,589 median income
The receipts
Compare the top ten
Pick a metric. The bars rescale. The red line is Florida’s statewide median.
Florida statewide median: $74,568
Florida statewide median: $375,662
Saturday Night Science
How we determined the wealthiest neighborhoods in Miami for 2026
Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
- Highest median household income
Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Miami.
We ranked every neighborhood in Miami by median income from highest to lowest. The neighborhood with the highest median income, Islands, was named the wealthiest neighborhood in Miami.
We updated this article for 2026. This is our eleventh time ranking the most affluent neighborhoods to live in Miami.
The full plate
Richest neighborhoods in Miami for 2026 by median income
Click any column to sort. Search by neighborhood name.
| Rank | Neighborhood | Median Household Income |
|---|---|---|
| 1 | Islands | $163,112 |
| 2 | North Coconut Grove | $99,136 |
| 3 | Downtown | $88,620 |
| 4 | South Coconut Grove | $83,666 |
| 5 | Coral Way | $64,787 |
| 6 | Wynwood | $53,417 |
| 7 | Upper Eastside | $52,071 |
| 8 | Flagami | $43,130 |
| 9 | Little Haiti | $36,525 |
| 10 | Little Havana | $31,589 |
| 11 | West Flagler | $31,236 |
| 12 | Overtown | $30,979 |
| 13 | Allapattah | $30,292 |
| 14 | Model City | $24,443 |
Source: U.S. Census ACS 2020-2024. All 14 Miami neighborhoods.
Summary
Summary: The wealthiest pockets of Miami
What’s the richest neighborhood to live in Miami for 2026? According to the most recent census data, Islands looks to be the richest Miami neighborhood to live in.
The richest neighborhoods in Miami are Islands, North Coconut Grove, Downtown, South Coconut Grove, Coral Way, Wynwood, Upper Eastside, Flagami, Little Haiti, and Little Havana.
The poorest neighborhood? That would be Model City.
We ranked the neighborhoods from richest to poorest in the chart below. Not sold on Florida? Take the two-minute Find Your Place quiz and see which state actually fits you.
Questions and answers
Richest Neighborhoods In Miami FAQs
What is the richest neighborhood in Miami?
Islands is the richest neighborhood in Miami for 2026, with a median household income of $163,112. North Coconut Grove and Downtown are next.
What are the richest neighborhoods in Miami?
The richest neighborhoods in Miami are Islands, North Coconut Grove, Downtown, South Coconut Grove, Coral Way, Wynwood, Upper Eastside, Flagami, Little Haiti, and Little Havana. We ranked all 14 neighborhoods by median household income, highest to lowest.
How much do people make in Islands?
The median household in Islands earns $163,112 a year, and the median home there is worth $393,433. Those two numbers travel together in most cities, and Miami is no exception.
How do you rank the richest neighborhoods?
One measure: median household income from Census tract data, ranked highest to lowest. No composite score, no adjustments — just where the money lives.
What is the poorest neighborhood in Miami?
Model City posts the lowest median household income of the 14 Miami neighborhoods we ranked. It anchors the bottom of the income table above.
