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5/6/2014 7:31:29 PM
4/15/2013 4:25:50 PM
Miami is a city of paradoxes. A 2009 study of 73 world cities by Swiss bank UBS ranked Miami, Fla., as the richest city in the United States, and the world’s fifth-richest in terms of purchasing power. Forbes Magazine ranked Miami as the No. 3 most overpriced city in the United States. But paradoxically in 2010, Miami proper was No. 6 on the list of large U.S. cities with citizens below the federal poverty line, according to the U.S. Census Bureau. One-fourth of its population lives in poverty.
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Population in Miami 5.82 million people live in the metro Miami area (Dade, Browardand West Palm Counties).
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