Miami, FL — income, home value, property tax, and sales tax.
In ZIP code 33154, near Miami, households earn a median of $89,563, while per-capita income reaches $69,358 — a spread that hints at a mix of single earners and larger families. Home values sit near $961,800, and the county's 0.81% effective property tax rate translates into a substantial annual bill at that price point, making housing the dominant cost for owners. Add Florida's 7.00% combined sales tax on everyday purchases, and daily spending carries its own weight. Together these figures sketch a budget where income supports a high-value housing market, but taxes on both property and purchases shape how far each dollar stretches.
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