Zip 33138 (Miami, FL) Economy


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Miami, FL 33138 is a great place to live with plenty of local attractions. Rent for a two-bedroom apartment is slightly higher than the national average at $1,500 per month. Groceries are a bit more expensive too—the grocery cost index in Miami is 112 versus 100 in the US. There are plenty of places to explore like Vizcaya Museum and Gardens or the Freedom Tower. The area also houses some well-known companies such as Carnival Corporation & PLC and Royal Caribbean Cruises Ltd. Overall, Miami, FL 33138 is an exciting city with plenty to offer its residents!

Miami (zip 33138) has an unemployment rate of 8.3%. The US average is 6.0%.

Miami (zip 33138) 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 42.7%, which is higher than the US average of 33.5%.

Tax Rates for Miami (zip 33138)
- The Sales Tax Rate for Miami (zip 33138) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 33138) 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 (zip 33138)
- The average income of a Miami (zip 33138) resident is $27,594 a year. The US average is $28,555 a year.
- The Median household income of a Miami (zip 33138) resident is $57,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiami, FloridaUnited States
  8.36
  -11.1%-6.2%
  42.7%33.5%
  7.0%6.2%
  0.0%4.6%
  $41,525$37,638
  $57,063$69,021
  $63,292$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.4%6.8%
  3.3%10.0%
  2.6%2.5%
  11.1%11.0%
  5.1%4.8%
  0.7%0.8%
  3.1%1.9%
  3.7%4.7%
  7.9%1.9%
  10.5%7.6%
  0.1%0.1%
  6.6%4.2%
  6.7%9.3%
  12.5%14.0%
  3.8%2.1%
  8.5%7.0%
  4.9%4.8%
  3.7%4.7%
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