Zip 33016 (Hialeah, FL) Economy


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33016 Hialeah, FL is an ideal location for those looking for two-bedroom rental properties. The average two-bedroom rent in this area is $1,880 per month, which is much lower than the US average of $1,430 per month. Additionally, Hialeah offers a variety of amenities that make it desirable to those looking for a place to call home. Notable local companies such as Pollo Tropical and Seguros Sura provide employment opportunities to people living in the 33016 area code. Furthermore, grocery costs in 33016 are slightly higher than the national average with an index score of 104 compared to 100 nationally. This means that groceries will cost residents slightly more in this area than elsewhere in the US.

Hialeah (zip 33016) has an unemployment rate of 8.9%. The US average is 6.0%.

Hialeah (zip 33016) 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 35.7%, which is higher than the US average of 33.5%.

Tax Rates for Hialeah (zip 33016)
- The Sales Tax Rate for Hialeah (zip 33016) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hialeah (zip 33016) 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 Hialeah (zip 33016)
- The average income of a Hialeah (zip 33016) resident is $17,398 a year. The US average is $28,555 a year.
- The Median household income of a Hialeah (zip 33016) resident is $50,418 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHialeah, FloridaUnited States
  8.96
  -11.1%-6.2%
  35.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $26,527$37,638
  $50,418$69,021
  $55,976$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  9.3%6.8%
  8.8%10.0%
  5.5%2.5%
  12.4%11.0%
  11.4%4.8%
  0.5%0.8%
  1.2%1.9%
  3.1%4.7%
  2.4%1.9%
  5.0%7.6%
  0.0%0.1%
  5.2%4.2%
  4.8%9.3%
  13.4%14.0%
  1.2%2.1%
  7.5%7.0%
  6.4%4.8%
  1.7%4.7%
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