Business
Profile
A Sizeable Market Area
North Miami and surrounding areas constitute a considerable
market area. It includes North Miami proper and portions of the
surrounding communities of Miami Shores, as well as Biscayne Park,
Surfside, Bay Harbor Islands, Bal Harbour, Sunny Isles Beach, Aventura,
and North Miami Beach, an estimated 150,000 households with average
incomes ranging from $25,000 to over $60,000.
The City of North Miami itself counts an estimated 60,000 residents,
including over 20,000 households with an average income of $32,000
per year.
Market Area
· Population 60,000
· Households 20,541
· Median Age 31.8
· Average Household Size 2.85
· Average Household Income $32,000 (2000 Census)
For more detailed census data click here
The North Miami market area includes an estimated population of
over 150,000 people, with an average household income ranging from
$25,000 to $60,000, and an average family size ranging from 1.8
to 3.4 persons.
A Dynamic & Prosperous Business Community - Retail & Industry
North Miami concentrates over 2,500 businesses in almost
every retail and service category. Retail store concentration occurs
primarily along the downtown (NE 125th Street), Biscayne Boulevard,
West Dixie Highway, and NW 7th Avenue (US 441).
Local industry strongly represents the film, video, and recording
industries. The City's largest industrial area located north of
141 Street and adjacent to Biscayne Boulevard and the Florida Fast
Coast Railway is the core of the Film, Video, and Recording Telecommunications
Industrial Park with over 250 businesses related to the industry.
Over 70 companies provide studio space, post-production facilities,
sound stages, equipment rentals, camera operators, writers, producers,
and music arrangers to the many productions taking place in North
Miami every year. In addition, many other businesses provide support
services such as legal, accounting, and catering.
North Miami is home to an increasingly active, growing, and prosperous
business community. Over 3,000 businesses are located within the
City's four business districts and industrial areas offering all
kinds of goods and services to its residents, from supermarkets
to specialty "mom and pop" stores, and from shopping centers
to refined antique stores, eclectic coffee houses, gourmet restaurants,
and artist studios.
In addition, the City is the capital of South Florida's Film, Video,
and Recording Industry. Some of the best known television and film
productions in North Miami include: Star Trek, Miami Vice, Flipper;
Nightly Business Report, MTV Latino, True Lies, The Specialist,
License to Kill, Unsolved Mysteries, Striptease, and others. Among
the artists recording and filming music videos in the City are Gloria
Estefan, Julio Iglesias, Whitney Houston, the Bee Gees, R.E.M, the
Eagles, and Bob Dylan.
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Labor Force
North Miami offers a diversified and skilled labor pool to both
local companies as well as companies seeking to relocate in North
Miami.
Because of its privileged and strategic location, North Miami can
draw a large and qualified work force contingent from all parts
of both Miami-Dade and Broward Counties. North Miami's work force
is very diverse, offering virtually any type and level of skill,
language capability, and international experience.
The Citys Department of Community Planning and Development provides
a streamlined, one-stop source for statistics about the City, its
residents and housing stock, as well as some information about the
local economy and business climate.
Business Boards & Organizations
Local business leaders are very active and involved in the City's
economic life. North Miami supports and interacts with several economic
development boards and business organizations.
The Business Development Board and the Film, Video, and Recording
Board advise the City Council on relevant issues concerning the
local economy, and the entertainment industry.
The Greater North Miami Chamber of Commerce founded in 1947, with
over 600 members, is a natural forum for the local business community.
The Downtown Business Association, the Greater Seventh Avenue Improvement
Association, and the West Dixie Highway Business Association provide
grass roots representation for their respective districts.
Related Links
Online Directory of North Miami
Businesses
The Greater
North Miami Chamber of Commerce
Living in our City
Occupational
licenses and information on doing business in Florida
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