Zip 33187 (Richmond West, FL) Economy


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Richmond West, FL (33187) is a great place to live. The area offers convenient access to major highways and plenty of shopping, dining, and entertainment options. It also has an average two-bedroom rent of $2,870 - more than double the US average of $1,430 - making it an ideal place for those seeking a higher quality of life. Grocery costs in Richmond West are also higher than the US average, with an index score of 109 versus 100 in the US.
The area houses several businesses such as TotalBank, BankUnited, Sedano's Supermarket, Publix Super Markets Inc., Costco Wholesale Corporation and the Miami International Mall. With plenty of job opportunities and amenities close by, Richmond West is a great choice for those looking for a good balance between work and play. However, the cost of living should be considered before making a move since prices here are typically higher than other parts of Florida or the country as a whole.

Richmond West (zip 33187) has an unemployment rate of 8.2%. The US average is 6.0%.

Richmond West (zip 33187) 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 Richmond West (zip 33187)
- The Sales Tax Rate for Richmond West (zip 33187) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Richmond West (zip 33187) 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 Richmond West (zip 33187)
- The average income of a Richmond West (zip 33187) resident is $23,704 a year. The US average is $28,555 a year.
- The Median household income of a Richmond West (zip 33187) resident is $97,524 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichmond West, FloridaUnited States
  8.26
  -11.1%-6.2%
  38.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $31,912$37,638
  $97,524$69,021
  $93,842$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  5.0%6.8%
  4.3%10.0%
  1.9%2.5%
  9.6%11.0%
  6.9%4.8%
  0.6%0.8%
  2.3%1.9%
  4.1%4.7%
  3.0%1.9%
  8.2%7.6%
  0.3%0.1%
  7.5%4.2%
  11.0%9.3%
  13.9%14.0%
  1.1%2.1%
  4.8%7.0%
  6.0%4.8%
  7.6%4.7%
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