Miami, Florida 

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Economy in Miami, Florida

Miami has an unemployment rate of 5.2%. The US average is 5.2%.

Miami has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 38.0%.

Tax Rates for Miami
- The Sales Tax Rate for Miami is 7.0%. The US average is 6.0%.
- The Income Tax Rate for Miami is 0.0%. The US average is 4.6%.

Income and Salaries for Miami
- The average income of a Miami resident is $21,724 a year. The US average is $28,555 a year.
- The Median household income of a Miami resident is $30,858 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYMiami, FloridaUnited States
  Unemployment Rate5.2%5.2%
  Recent Job Growth1.7%1.6%
  Future Job Growth38.1%38.0%
  Sales Taxes7.0%6.0%
  Income Taxes0.0%4.6%
  Income per Cap.$21,724$28,555
  Household Income$30,858$53,482
  Family Median Income$34,867$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.3%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction9.3%6.2%
  Manufacturing4.1%10.4%
  Wholesale trade3.6%2.7%
  Retail trade11.7%11.6%
  Transportation and warehousing5.9%4.1%
  Utilities00
  Information2.1%2.1%
  Finance and insurance3.9%4.7%
  Real estate, rental, leasing3.1%1.9%
  Professional, scientific, technical services7.2%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs5.9%4.3%
  Educational services5.7%9.3%
  Health care and social assistance10.9%13.8%
  Arts, entertainment, recreation2.4%2.2%
  Accommodation, food services13.0%7.4%
  Other services7.7%4.9%
  Public administration0.026870.04801
ECONOMY MAP
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    Reviews for Miami    182 Reviews
    liked it - 1/30/2017
    smaller than I thought, traffic seemed thick, good food and nice... Read More

    Start Your Review of Miami


    Worst - 7/22/2016
    What to said, I live here since 2013, I'm Cuban, but I have to said that I'm truly surprised for what we are doing with this city, We have to do something with the... Read More

    Worst place in America - 5/16/2016
    This has to be the absolute worst place to live in America. The climate is horrible, along with the majority of the people. I can't believe that I lived there for so... Read More


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    ZIP CODES IN MIAMI, FLORIDA
    33125, 33142, 33126, 33135, ... 18 more
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