Madeira Beach is a very small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 3,999 people and two associated neighborhoods, Madeira Beach is the 310th largest community in Florida.
Madeira Beach home prices are not only among the most expensive in Florida, but Madeira Beach real estate also consistently ranks among the most expensive in America.
Also of interest is that Madeira Beach has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.49% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Madeira Beach is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the city’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Madeira Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Madeira Beach, however, is that residents on average have to contend with a long commute, spending on average 36.25 minutes every day commuting to work.
The citizens of Madeira Beach are among the most well-educated in the nation: 42.95% of adults in Madeira Beach have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Madeira Beach in 2022 was $64,937, which is wealthy relative to Florida and the nation. This equates to an annual income of $259,748 for a family of four. However, Madeira Beach contains both very wealthy and poor people as well.
The people who call Madeira Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Madeira Beach residents report their race to be White, followed by Black or African-American. Important ancestries of people in Madeira Beach include German, English, Irish, Canadian, and Italian.
The most common language spoken in Madeira Beach is English. Other important languages spoken here include Spanish and Portuguese.