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Addressing the Housing Crisis in Miami-Dade: A Call to Action

Most Miami-Dade households with incomes below $75,000 struggle with housing costs. Half of all households in the county are “cost-burdened,” meaning these individuals pay more than 30% of their income for housing. This includes three-quarters of households with incomes below $75,000 per year. Renters with modest incomes are the hardest hit. A total of 90% of Miami-Dade renters with incomes below $50,000 are cost-burdened. People of color (Black and Latino) are more likely to be cost-burdened. Nearly half (48%) of Black and Latino households are cost-burdened, compared to 38-41% of other households. Much of the disparity stems from lower homeownership rates among Black and Latino households. Homeowners of any race and ethnicity are less likely to be cost-burdened than renters from any other group. Most of the fastest-growing jobs in Miami-Dade County pay less than $19 per hour. Of the 21 occupations expected to add 1,000 or more workers by 2030, 14 have a median hourly wage of $19 or less. These jobs include medical assistants and home health aides, cooks and waitstaff, housekeepers, and warehouse and delivery staff. This workforce can afford housing units with monthly costs ranging from $650 to $1,000. Rents and home prices are out of reach for workers in the fastest-growing jobs in health care, hospitality, and logistics in Miami-Dade County. These employees can afford housing that costs $650 to 1,000 per month, which is nearly impossible to find in one of the country’s most expensive housing markets. We Can Do Better!

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