Zip 33166 (Miami Springs, FL) Economy


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Miami Springs, FL 33166 is a vibrant community in the Miami-Dade area. According to Apartment List, the average two bedroom rent in Miami Springs is $1,850, which is slightly higher than the national average of $1,430. The grocery cost index for Miami Springs is 108 versus 100 nationally.
The city of Miami Springs offers its residents many recreational activities and amenities. People can visit Griffing Park for outdoor activities such as swimming or fishing or take part in summer camp programs at the local Community Center. Additionally, each year people come from all over to explore the local Sanctuary Trail which offers visitors a glimpse of diverse wildlife.
Aside from recreational activities, there are numerous businesses and organizations that operate throughout the city. These include companies like Florida Orthopedic Care Center, Christian Home Health Care Services and Miami Beach Air Conditioning as well as several locally owned restaurants like La Paloma Restaurant and JoJos Sports Bar & Grill. Organizations like Miamismiles Smile Foundation (MSSF) work closely with the community to provide educational resources and support for young students in need.

Miami Springs (zip 33166) has an unemployment rate of 8.2%. The US average is 6.0%.

Miami Springs (zip 33166) 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 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Miami Springs (zip 33166)
- The Sales Tax Rate for Miami Springs (zip 33166) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami Springs (zip 33166) 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 Springs (zip 33166)
- The average income of a Miami Springs (zip 33166) resident is $22,847 a year. The US average is $28,555 a year.
- The Median household income of a Miami Springs (zip 33166) resident is $65,902 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiami Springs, FloridaUnited States
  8.26
  -11.1%-6.2%
  38.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $34,420$37,638
  $65,902$69,021
  $74,239$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.1%6.8%
  6.5%10.0%
  4.8%2.5%
  8.9%11.0%
  11.6%4.8%
  0.3%0.8%
  2.8%1.9%
  3.0%4.7%
  3.3%1.9%
  7.4%7.6%
  0.2%0.1%
  9.2%4.2%
  7.3%9.3%
  8.6%14.0%
  1.8%2.1%
  6.9%7.0%
  3.3%4.8%
  5.8%4.7%
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