ZIP Code 33109

In ZIP 33109, near Miami, median home values exceed $2 million, and the county's 0.81% effective property tax rate translates into roughly $16,200 in annual taxes on such a home. Households here report a median income above $250,001, while per-capita income reaches $302,761, so that tax bill consumes a smaller share of earnings than it would almost anywhere else. Combined sales tax stands at 7.00%. Even with steep housing prices, the interplay of very high incomes and a below-average rate keeps property taxes proportionally restrained for those who own in this enclave.