Miami, FL 33132 is a popular area of the city that has a median 2 bedroom rent of $2,870. This is much higher than the national average of $1,430. With an established grocery cost index of 108 versus 100 in the US, it’s clear that Miami's downtown area is quite expensive to live in. In this neighborhood there are many big businesses like Carnival Corporation, Burger King Worldwide, and Ryder System Inc. These companies provide locals with great jobs and resources to support themselves. Additionally, there are countless smaller local businesses such as Anderson & Associates PC attorneys, The Riverside Hotel and Suites, and Biscayne Family Care Clinic for healthcare needs all on the same street!
Miami (zip 33132) has an unemployment rate of 8.3%. The US average is 6.0%.
Miami (zip 33132) 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 33132)
- The Sales Tax Rate for Miami (zip 33132) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 33132) 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 33132)
- The average income of a Miami (zip 33132) resident is $45,631 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 33132) resident is $90,160 a year. The US average is $69,021 a year.