ZIP Code 33131

ZIP code 33131, in Miami, ranks among the more affluent areas in the region, with a median household income of $144,138 and per-capita income of $120,707. Homes here carry a median value of $655,100, and the county-level effective property tax rate of 0.81% translates into a notable annual bill given those valuations. A combined sales tax rate of 7.00% applies to purchases within this ZIP. Together, the income and home-value figures point to a high-earning, high-cost pocket of Miami where property taxes on six-figure-plus homes form the largest recurring tax expense.