There are more than 44 million immigrants living in the U.S. They account for about 13.6 percent of the total population, and together represent billions in annual real estate transactions – Miami is one of the eight best cities at attracting their business, according to a new report from Abodo.
Here is the full rankings:
1. New York
2. Los Angeles
3. Miami
4. Washington, D.C.
5. Houston
6. Chicago
7. San Francisco
8. Boston
Since 2013, the city has attracted 256,647 new immigrants, helping bolster its foreign-born population, which now accounts for a majority share of its total population. It’s no surprise that immigrants in Miami, because of its proximity to Central America, are predominantly Latin American – almost 50 percent of Miami’s immigrant population come from the Caribbean. However, in recent years, the city’s appeal has extended overseas, attracting large numbers of Asian and European immigrants.
The strong foreign-born presence in Miami has helped foster what the report describes as a “vibrant, immigrant-friendly” atmosphere, where the foreign-born community feels comfortable enough to “proudly displays its cultural heritage” – a fact evident to anyone who’s ever been to Little Havana.
See our below table for a full profile on Houston’s immigrant population:
New Immigrants Since 2013 | 256,647 |
Median Age | 33.9 |
Unemployment | 9.80% |
Male | 47.20% |
Female | 52.80% |
No High School (HS) Degree | 18.10% |
HS Degree | 29.20% |
Some College | 17.80% |
Bachelor’s Degree | 22.90% |
Graduate/Professional Degree | 12.10% |
Median Income as Percentage of Area’s | 70.20% |