Zip 33125 (Miami, FL) Economy


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The city of Miami, FL is home to many local businesses that are thriving in the 33125 zip code. The 2 Bedroom Rent for this area is $1,690 and the Grocery Cost Index in this area is 106 compared to the US index at 100. Companies like Brightway Insurance, Coronet Cleaners, and Miami Ice Cream Factory have established roots in the zip code and continue to grow their businesses each year. Brightway Insurance offers comprehensive insurance packages for homeowners, auto drivers, and business owners looking for reliable coverage. Coronet Cleaners has been a one-stop shop for dry cleaning services since 1966. Miami Ice Cream Factory offers a variety of flavors of homemade ice cream that customers can enjoy from their drive-thru window or with their convenient delivery service.

Miami (zip 33125) has an unemployment rate of 8.3%. The US average is 6.0%.

Miami (zip 33125) 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 33125)
- The Sales Tax Rate for Miami (zip 33125) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 33125) 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 33125)
- The average income of a Miami (zip 33125) resident is $13,381 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 33125) resident is $33,172 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%
  $22,662$37,638
  $33,172$69,021
  $40,380$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  15.9%6.8%
  3.1%10.0%
  3.0%2.5%
  9.8%11.0%
  7.8%4.8%
  0.3%0.8%
  0.8%1.9%
  2.3%4.7%
  2.5%1.9%
  4.8%7.6%
  0.1%0.1%
  8.8%4.2%
  3.5%9.3%
  10.1%14.0%
  1.8%2.1%
  15.2%7.0%
  8.4%4.8%
  1.7%4.7%
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