Zip 33109 (Miami Beach, FL) Economy


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Miami Beach, FL 33109 is an exciting area with plenty of local amenities. It is a great place to live and work with many companies offering jobs in the area. Popular businesses include The Bass Museum of Art, Miami Beach Golf Club, Nikki Beach Miami, Lincoln Road Mall and Faena Forum. There are also plenty of nearby restaurants, coffee shops, shopping centers and nightlife options. The cost of living in this area is slightly higher than the US average as 2 bedroom rent is $2,960 compared to $1,430 nationally while grocery costs are also elevated with an index of 127 versus 100 in the US. However despite the higher prices there is plenty to do in Miami Beach making it worth every penny!

Miami Beach (zip 33109) has an unemployment rate of 5.9%. The US average is 6.0%.

Miami Beach (zip 33109) 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 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Miami Beach (zip 33109)
- The Sales Tax Rate for Miami Beach (zip 33109) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami Beach (zip 33109) 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 Beach (zip 33109)
- The average income of a Miami Beach (zip 33109) resident is $166,366 a year. The US average is $28,555 a year.
- The Median household income of a Miami Beach (zip 33109) resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiami Beach, FloridaUnited States
  5.96
  -11.1%-6.2%
  36.9%33.5%
  7.0%6.2%
  0.0%4.6%
  $230,002$37,638
  $250,001$69,021
  $214,609$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  36.2%4.7%
  15.5%1.9%
  30.5%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  9.2%14.0%
  0.0%2.1%
  0.0%7.0%
  8.6%4.8%
  0.0%4.7%
Health