Miami Gardens, FL Economy


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Miami Gardens, FL is an ideal city for those looking to rent a two bedroom apartment due to its comparatively low rate of $1,830 compared to the United States average of $1,430. In addition to reasonable rent costs, Miami Gardens has a higher grocery cost index than the national average; specifically the index is at 105 versus 100 in the US. The city offers a wealth of services from local companies such as Dadeland Animal Hospital and Allstar Collision Center that provide top tier services. Furthermore, with its hot climate and sunny skies, it's easy for people to enjoy outdoor activities year-round. All things considered, Miami Gardens is an attractive option for inhabitants who are looking for a lively city atmosphere at an affordable cost of living.

Miami Gardens has an unemployment rate of 12.7%. The US average is 6.0%.

Miami Gardens 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 34.6%, which is higher than the US average of 33.5%.

Tax Rates for Miami Gardens
- The Sales Tax Rate for Miami Gardens is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami Gardens 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 Gardens
- The average income of a Miami Gardens resident is $16,731 a year. The US average is $28,555 a year.
- The Median household income of a Miami Gardens resident is $51,067 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiami Gardens, FloridaUnited States
  12.76
  -11.1%-6.2%
  34.6%33.5%
  7.0%6.2%
  0.0%4.6%
  $20,446$37,638
  $51,067$69,021
  $56,368$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.8%6.8%
  5.3%10.0%
  2.7%2.5%
  12.9%11.0%
  10.0%4.8%
  0.5%0.8%
  1.9%1.9%
  2.9%4.7%
  2.0%1.9%
  2.8%7.6%
  0.1%0.1%
  7.4%4.2%
  5.7%9.3%
  15.9%14.0%
  2.2%2.1%
  7.9%7.0%
  5.4%4.8%
  5.6%4.7%
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