Miami, FL — income, home value, property tax, and sales tax.
In ZIP code 33149, near Miami, homes carry a median value of $1,575,300, and the county-level effective property tax rate of 0.81% works out to roughly $12,760 a year on such a home. Households here earn a median of $181,505, with per-capita income at $106,219, so that tax bill absorbs a meaningful share of annual earnings. Combined with a 7.00% sales tax, the overall cost of living runs high. Buying here demands substantial income, and the property tax alone consumes a notable slice of what households bring in.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.