HomeMarketCap.comThe published income-needed indicator for Miami stands at $140,559. It covers the housing share of the question, not what it takes to live comfortably, which no dataset defines. The metro income-needed indicator changed -1.87% year over year. The median tracked ZIP in Miami has a typical home value of $606,807 and typical rent of $2,761 per month. Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
Key stats
- The metro income-needed indicator changed -1.87% year over year.
- The median tracked ZIP in Miami has a typical home value of $606,807 and typical rent of $2,761 per month.
- Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
- 8 of 30 tracked ZIPs (27%) show the current cooling flag.
- Tracked ZIP markets
- 30
- Median ZIP home value
- $606,807
- Median ZIP rent
- $2,761
- income needed change
- The metro income-needed indicator changed -1.87% year over year.
- housing cost spread
- Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 18.3.
The income this metro asks for
The published income-needed indicator for Miami stands at $140,559. It covers the housing share of the question, not what it takes to live comfortably, which no dataset defines.
The metro income-needed indicator changed -1.87% year over year.
How far that income reaches
Across tracked ZIPs the typical home value runs from $303,717 in 33126 to $1,505,935 in 33122 — a factor of 5.0.
The same salary is comfortable in one tracked ZIP and short in another, which is why a single metro figure answers the question only halfway.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules