Miami, FL — income, home value, property tax, and sales tax.
In ZIP code 33160, near Miami, households earn a median of $67,040, while per-capita income reaches $56,787. A median home value of $397,500 sits alongside a county property tax rate of 0.81%, so annual property taxes land somewhere around $3,200 for a home at that value. Sales tax adds 7.00% to most purchases. Together these figures sketch a market where incomes trail home prices by a wide margin, and the ongoing costs of ownership and everyday spending both draw on the same paycheck.
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