Nicknamed “capital of Latin America”, Miami is one of the most diverse cities in the United States, particularly with the concentration of Hispanics. With an estimated Gini index of 0.503, Miami-Dade County has the second highest income inequality in the United States, behind New York County, New York (Census, 2012). The overlapping relationship between these two chart leaders is that they are also among the most racially diverse counties in all of North America (Bee, 2012). The purpose of this article is to analyze the income inequality present in Miami-Dade and explain how racial and ethnic diversity is likely one of the fuels of this form of inequality. With the help of secondary sources, empirical evidence will be translated into this article and help in the argument. The last section of this article will focus on the functionalist and conflicting perspectives of the argument presented and will aim to edify the inequality presented in addition to complementing the statistics provided. Income Inequality in Miami Dade By examining household income, the determination and extent of income inequality within the county is possible. In this context, household income includes wages, social security benefits, interest income, dividends, etc. Compared to the United States, higher income inequality can be observed by looking at the disparity in household income between the mean and the median (Miami-Dade County Department). of Planning and Zoning, 2007). There are few places in America where the contrast between rich and poor is so stark. In Miami, while the rich sail their yachts and buy $400 bottle service, the poor have to close their windows because they can't afford air conditioning. Although I'm not in the middle of paper... and ethnic minorities need to assimilate into this society (Andersen and Taylor, 2013). Symbolic interactionism examines two issues related to race and ethnicity. They first examine the role of social interaction and how it reduces racial and ethnic hostility. Second, they examine how race and ethnicity are socially constructed. Finally, conflict theorists present the argument that class conflict is an inherent and fundamental part of society (Giddens, 1996). So, the argument would be that racial and ethnic conflict is linked to class conflict and that to reduce racial and ethnic conflict, one must first reduce class conflict. For the sake of this study and argument, I will continue by focusing on the perspectives of conflict theorists and functionalism, as I believe they provide the most modern perspectives on this current form of inequality..