Zip 33150 (Miami, FL) Economy


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The 33150 Miami, FL area has an average 2 bedroom rent at $1,540, which is slightly higher than the US average of $1,430. This area also has a higher Grocery Cost Index than the national average at 104 compared to 100. Some local companies in this area include BankUnited Inc., Univision Communications Inc., and the Federal Home Loan Bank of Atlanta. Other notable organizations are Jackson Health System and Baptist Health South Florida. These organizations provide vital services to the community and contribute to the local economy.

Miami (zip 33150) has an unemployment rate of 8.3%. The US average is 6.0%.

Miami (zip 33150) 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 33150)
- The Sales Tax Rate for Miami (zip 33150) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 33150) 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 33150)
- The average income of a Miami (zip 33150) resident is $13,092 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 33150) resident is $33,770 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%
  $18,194$37,638
  $33,770$69,021
  $37,056$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  8.8%6.8%
  2.0%10.0%
  2.0%2.5%
  11.7%11.0%
  12.4%4.8%
  0.4%0.8%
  0.8%1.9%
  3.3%4.7%
  2.7%1.9%
  1.9%7.6%
  0.1%0.1%
  11.0%4.2%
  6.7%9.3%
  10.7%14.0%
  1.4%2.1%
  14.2%7.0%
  7.0%4.8%
  2.7%4.7%
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