Zip 33129 (Miami, FL) Economy


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Miami, Florida is home to many local businesses. In the 33129 zip code of Miami, the average cost of a two-bedroom rental unit is $2,840, which is higher than the national average of $1,430. Additionally, grocery cost index in 33129 is 111 versus the US at 100. Some popular local businesses near 33129 includes D’s Food Market providing fresh produce and groceries for everyday needs, Coconut Beach Rentals offering luxury vacation rentals and accommodations with over 200 properties, and The Fresh Market offering healthy meal choices. There are also plenty of options for entertainment and dining such as Pivot Point Sports Bar & Lounge with its sports bar atmosphere or La Bodequita de Belen for a Cuban cuisine experience.

Miami (zip 33129) has an unemployment rate of 8.3%. The US average is 6.0%.

Miami (zip 33129) 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 33129)
- The Sales Tax Rate for Miami (zip 33129) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 33129) 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 33129)
- The average income of a Miami (zip 33129) resident is $45,693 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 33129) resident is $78,316 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%
  $54,646$37,638
  $78,316$69,021
  $97,893$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.5%6.8%
  8.8%10.0%
  4.2%2.5%
  7.9%11.0%
  8.7%4.8%
  0.0%0.8%
  2.9%1.9%
  6.8%4.7%
  3.2%1.9%
  19.2%7.6%
  0.3%0.1%
  4.2%4.2%
  6.5%9.3%
  7.8%14.0%
  2.5%2.1%
  4.8%7.0%
  3.3%4.8%
  2.3%4.7%
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