South Miami Heights, FL is a desirable place to live for its pleasant climate all year round. The two bedroom rent is slightly higher than the US median ($1,710 compared to $1,430). This may be due to its location near large cities such as Miami and Fort Lauderdale. Additionally, food costs are slightly higher in South Miami Heights with the grocery cost index at 107 versus 100 in the US. Despite this, local businesses such as Walmart, Publix Super Market, and Walgreens offer competitive prices for everyday items. In conclusion, South Miami Heights offers a great quality of life with mild temperatures and moderate cost of living compared to other areas of Florida.
South Miami Heights has an unemployment rate of 8.2%. The US average is 6.0%.
South Miami Heights 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 South Miami Heights
- The Sales Tax Rate for South Miami Heights is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Miami Heights 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 South Miami Heights
- The average income of a South Miami Heights resident is $15,946 a year. The US average is $28,555 a year.
- The Median household income of a South Miami Heights resident is $52,227 a year. The US average is $69,021 a year.