ZIP Code 33101

Miami, FL — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$463,000
Property tax rate
0.81%
Combined sales tax
7.00%

In ZIP code 33101, which covers part of Miami, the county-level effective property tax rate is 0.81%. That rate applies to whatever a home is worth, so the actual bill scales with value rather than sitting at a fixed dollar amount. Alongside housing costs, purchases in this area carry a combined sales tax of 7.00%, which adds to everyday expenses. How comfortably a household absorbs both depends on earnings: higher incomes make the property tax and sales tax easier to cover, while lower incomes feel more strain from the same rates. Buyers weighing a move here should compare their expected income against home prices and the resulting tax bill.