Miami Herald, June 23, 2020: Miami metro among most ‘intensely gentrified’ in U.S., study says
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The Miami-Dade, Broward, Palm Beach county area had the fourth-highest “intensity” of gentrification in the U.S. between 2013-2017, the report found.
Most of the region’s gentrification was concentrated in and around Wynwood, the study found, with areas such as Buena Vista and the Design District labeled as “gentrified.” Median household income rose by roughly $11,000 in the Midtown area from 2010 to 2017. Median home value there went up to $315,500 from $180,616 in that time period.
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