Key Biscayne, Florida (33149) is a popular tourist destination known for its beautiful beaches and vibrant nightlife. The average two-bedroom rent in this area is $2,910, much higher than the national average of $1,430. In addition to more expensive rent prices, Key Biscayne also has a higher Grocery Cost Index of 120 versus 100 in the US. This means that it is more costly to purchase groceries in this area. As such, locals should look for companies with competitive pricing to save money on their essential needs. Some local companies that offer affordable goods and services include Super Maxi Plus grocery store with competitive prices on fresh produce and meats, Jiffy Lube Oil Change offering oil changes at reduced rates, and Local Bicycle Shop providing bike repairs at discounted prices.
Key Biscayne (zip 33149) has an unemployment rate of 8.2%. The US average is 6.0%.
Key Biscayne (zip 33149) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Key Biscayne (zip 33149)
- The Sales Tax Rate for Key Biscayne (zip 33149) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Key Biscayne (zip 33149) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Key Biscayne (zip 33149)
- The average income of a Key Biscayne (zip 33149) resident is $76,709 a year. The US average is $28,555 a year.
- The Median household income of a Key Biscayne (zip 33149) resident is $167,438 a year. The US average is $69,021 a year.