Miami, FL — income, home value, property tax, and sales tax.
In ZIP code 33134, near Miami, households earn a median of $99,766, with per-capita income at $70,800. That earnings base shapes how far each dollar stretches. A median home value of $711,800 carries a county property tax rate of 0.81%, which works out to a substantial annual bill given the price point. Add a 7.00% combined sales tax on everyday purchases, and the cost of living here leans heavily on housing and consumption alike. Higher earnings help offset these pressures, but the gap between income and home prices means buyers here weigh financing carefully against take-home pay.
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