Miami, FL — income, home value, property tax, and sales tax.
Households in ZIP code 33031, near Miami, earn a median $109,945, placing the area well above middle-income territory, with per-capita income at $41,351. Homes here carry a median value of $497,400, and the county-level property tax rate of 0.81% translates into a comparatively contained annual bill given that valuation. A combined sales tax of 7.00% applies to purchases. Taken together, the figures point to an affluent enclave where high earnings and strong home values coexist with a tax load that stays measured against the local income base.
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