Zip 33142 (Miami, FL) Economy


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Miami, FL 33142 is an exciting and vibrant city with plenty to do. With a two bedroom rent of $1,490, it's slightly higher than the US average of $1,430, but the Grocery Cost Index is 103 versus 100 in the US. This makes it easy to find affordable housing without compromising on quality. Some of the local companies in Miami are Carnival Corporation & plc, Royal Caribbean Cruises Ltd., Burger King Corporation, DHL Express (USA), and AutoNation Inc. These big names offer plenty of opportunities for employment and leisure activities for residents of Miami 33142.

Miami (zip 33142) has an unemployment rate of 8.3%. The US average is 6.0%.

Miami (zip 33142) 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 42.7%, which is higher than the US average of 33.5%.

Tax Rates for Miami (zip 33142)
- The Sales Tax Rate for Miami (zip 33142) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 33142) 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 Miami (zip 33142)
- The average income of a Miami (zip 33142) resident is $11,247 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 33142) resident is $30,915 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiami, FloridaUnited States
  8.36
  -11.1%-6.2%
  42.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $16,261$37,638
  $30,915$69,021
  $38,599$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  16.3%6.8%
  3.9%10.0%
  1.9%2.5%
  12.3%11.0%
  9.5%4.8%
  1.1%0.8%
  0.6%1.9%
  1.4%4.7%
  2.7%1.9%
  2.7%7.6%
  0.0%0.1%
  10.5%4.2%
  4.7%9.3%
  13.2%14.0%
  0.9%2.1%
  9.7%7.0%
  6.5%4.8%
  1.9%4.7%
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