The Hammocks, FL is a vibrant and rapidly growing town situated in Miami-Dade County. With a population of 33196, The Hammocks has seen an influx of people drawn to its wonderful climate and excellent amenities. The average two-bedroom rental in The Hammocks is $2,700; comparably higher than the US average of $1,430. Additionally, the grocery cost index in The Hammocks is 108 versus 100 in the US. Residents have access to world class shopping and dining experiences at local businesses such as La Placita Shopping Center, Tropical Park and Los Palos Shopping Center. There are also many small businesses such as independent restaurants and cafes which offer unique flavors.
The Hammocks (zip 33196) has an unemployment rate of 8.2%. The US average is 6.0%.
The Hammocks (zip 33196) 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 The Hammocks (zip 33196)
- The Sales Tax Rate for The Hammocks (zip 33196) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for The Hammocks (zip 33196) 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 The Hammocks (zip 33196)
- The average income of a The Hammocks (zip 33196) resident is $24,049 a year. The US average is $28,555 a year.
- The Median household income of a The Hammocks (zip 33196) resident is $82,422 a year. The US average is $69,021 a year.