Miami, FL — income, home value, property tax, and sales tax.
In ZIP code 33033, near Miami, homes carry a median value of $399,300, and the county-level property tax rate of 0.81% works out to roughly $3,234 a year on such a home. With median household income at $69,635 and per-capita income of $25,749, that annual tax bill takes a meaningful share of earnings. Buyers weighing a purchase here should factor in the 7.00% combined sales tax on everyday spending as well. The gap between per-capita income and home values shapes how far a paycheck stretches across this part of Miami.
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