Zip 33131 (Miami, FL) Economy


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33131 Miami, FL has an average two bedroom rent of $2,840, which is significantly higher than the US average of $1,430. This area also has a grocery cost index of 110 compared to 100 in the United States. Some local companies that can be found in 33131 Miami, FL include Brickell City Centre which features over 500 boutique stores and restaurants. The centre also offers a variety of outdoor events throughout the year for locals to enjoy. In addition, there is also CVS Pharmacy which provides products and services such as pharmaceuticals, groceries, health services and more. Finally, Mayfair Hotel & Spa offers luxurious amenities like spa treatments and European-style dining options while providing guests with impeccable customer service.

Miami (zip 33131) has an unemployment rate of 8.3%. The US average is 6.0%.

Miami (zip 33131) 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 33131)
- The Sales Tax Rate for Miami (zip 33131) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 33131) 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 33131)
- The average income of a Miami (zip 33131) resident is $57,964 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 33131) resident is $107,171 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%
  $88,537$37,638
  $107,171$69,021
  $140,427$85,028
  Population by Occupation
  0.2%1.2%
  0.7%0.5%
  6.0%6.8%
  6.0%10.0%
  2.8%2.5%
  7.7%11.0%
  5.1%4.8%
  0.1%0.8%
  3.5%1.9%
  11.5%4.7%
  7.6%1.9%
  19.9%7.6%
  0.1%0.1%
  1.8%4.2%
  4.4%9.3%
  7.0%14.0%
  3.0%2.1%
  5.6%7.0%
  4.9%4.8%
  2.3%4.7%
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