Miami, FL — income, home value, property tax, and sales tax.
In ZIP code 33173, near Miami, homes carry a median value of $479,500, and the county-level effective property tax rate of 0.81% yields an annual bill of roughly $3,884. With median household income at $88,271, that tax equals about 4.4% of household earnings, while per-capita income sits at $45,104. A 7.00% combined sales tax adds to everyday costs. Buyers weighing a purchase here should note that housing prices sit high against local incomes, so the property tax load, though levied at a lower rate, still draws meaningfully on annual earnings.
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