Zip 33168 (North Miami, FL) Economy


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North Miami, FL, Zip code 33168 is a great place to live due to its many attractive features. It has an abundance of recreational activities such as parks, beaches, and plenty of shopping outlets for all types of needs. The average two bedroom rent in North Miami is $1,870. This cost is slightly more expensive than the national average of $1,430. In addition, the grocery cost index in North Miami is 104 versus 100 nationally which indicates that groceries are slightly more expensive in this area than other parts of the country.
North Miami also has a thriving business sector with local companies like American InterContinental University South Florida Campus located here as well as several major banks and business complexes. There are also some smaller businesses located in this area including clothing stores and specialty restaurants that offer delicious food options for residents and visitors alike. All these factors make North Miami an attractive place to live with a high quality of life at a reasonable cost-of-living rate in comparison to many areas across the United States.

North Miami (zip 33168) has an unemployment rate of 11.0%. The US average is 6.0%.

North Miami (zip 33168) has seen the job market decrease by -11.1% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.

Tax Rates for North Miami (zip 33168)
- The Sales Tax Rate for North Miami (zip 33168) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Miami (zip 33168) 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 North Miami (zip 33168)
- The average income of a North Miami (zip 33168) resident is $19,317 a year. The US average is $37,638 a year.
- The Median household income of a North Miami (zip 33168) resident is $52,192 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Miami, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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