Miami (), officially the City of Miami, is a coastal metropolis located in Miami-Dade County in southeastern Florida, in the United States. With a population of 442,241 as of the 2020 census, it is the second-most populous city in Florida, the eleventh-most populous city in the Southeast U.S., and the 44th most populous city in the nation. Miami is the core of the nation's ninth largest and world's 34th largest metropolitan area with a population of 6.138 million people as of 2020. The city has the third largest skyline in the United States with over 300 high-rises, 58 of which exceed 491 ft (150 m).Miami is a major center and leader in finance, commerce, culture, arts, and international trade. The metro area is by far the largest urban economy in Florida and the 12th largest in the United States, with a GDP of $344.9 billion as of 2017. In 2020, Miami was classified as a Beta + level global city by the GaWC. In 2019, Miami ranked seventh in the United States and 31st globally in business activity, human capital, information exchange, cultural experience, and political engagement. According to a 2018 UBS study of 77 world cities, Miami is the second richest city in the United States and third richest globally in purchasing power. Miami is a majority-minority city with a Hispanic population of 310,472, or 70.2 percent of the city's population, as of 2020.Downtown Miami has one of the largest concentrations of international banks in the United States and is home to many large national and international companies. The Health District is home to several major University of Miami-affiliated hospital and health facilities, including Jackson Memorial Hospital, the nation's largest hospital with 1,547 beds, and the Leonard M. Miller School of Medicine, the University of Miami's academic medical center and teaching hospital, and others engaged in health-related care and research. PortMiami, the city's seaport, is the busiest cruise port in the world in both passenger traffic and cruise lines, and refers to itself as the "Cruise Capital of the World". Miami is also a major tourism hub for international visitors, ranking second in the country after New York City. Miami has sometimes been called the "Gateway to Latin America" because of the magnitude of its commercial and cultural ties to Miami.