Miami, FL — income, home value, property tax, and sales tax.
ZIP code 33147, in the Miami area, sits in working-class to lower-middle-income territory. A median household income of $50,704 and per-capita income of $22,494 trail what many South Florida households earn, yet the median home value of $381,000 is substantial. At the county's 0.81% effective property tax rate, that valuation yields a yearly bill near $3,086. Sales tax combines to 7.00%, so everyday purchases carry a noticeable added cost. Together these figures describe a community where incomes are restrained but housing prices and consumption taxes still demand a meaningful share of earnings.
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