Key findings
- The median ZIP code in Miami's urban core costs 7.8 years of median household income. Across the 29 ZIP codes with published Census housing data, the median owner-occupied home is valued at $464,900 against a median household income of $68,717. 1 ZIP is at or under 5, 16 sit between 5 and 8, 9 between 8 and 10 and 3 above 10.
- Rent burden is the majority condition. 15 of the 28 ZIPs with rent data have a median rent above 30% of median household income, and 4 are above 40%: 33128 (Civic Center / Overtown), 33135 (Little Havana), 33136 (Overtown / Health District), 33142 (Allapattah / Liberty City). The median ZIP's rent takes 32.6% of income, and the relationship with income is r = -0.88: the burdened ZIPs are the low-income ZIPs west and north of downtown, not the beach.
- Brickell is the most attainable ZIP by ratio, and it is a condo tower district. 33131 has the lowest price-to-income on the site at 4.9 because its $121,730 median income carries a $599,100 median condo; only 33% of its households own. The lowest ratios among majority-owner ZIPs are in the south and west: 33147 Liberty City / West Little River (5.2), 33157 Cutler Bay / Palmetto Bay (5.6), 33155 Westchester / Coral Terrace (5.6).
- Fisher Island breaks the Census scale. 33109 reports a median home value at the $2,000,001 ceiling and a median household income at the $250,001 ceiling, so its 8.0+ ratio is a floor; its true figures are far higher. It is the only capped ZIP on the site and, with about 792 residents, the smallest.
- The least affordable ZIPs are the poorest ones. Excluding the 1,873-resident airport-edge ZIP 33122 (15.8 on 9% owners), the highest ratios are 33135 (Little Havana, 10.4), 33138 (Upper East Side, 10.2) and 33150 (Little River, 9.4); Little Havana's $367,100 median home sits on a $35,185 income with 21% ownership.
- Miami Beach is no less affordable than Miami by ratio. The four Miami Beach ZIPs have a median ratio of 7.9 against 7.8 for the 25 City of Miami ZIPs, even though the beach's median home value is 42% higher, because its incomes are higher too and the South Beach and North Beach condo medians ($476,000, $419,900) sit below Coconut Grove or Pinecrest. Education tracks income at r = 0.92 and home value at 0.83, the tightest education-income link of any metro this network has measured.
How this report was built
Every figure is computed from the dataset behind the 30 ZIP code pages on this site: U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates at the ZIP Code Tabulation Area (ZCTA) level for population, land area, median household income, median home value (owner-occupied units), median gross rent, tenure, poverty rate, bachelor's-degree attainment and unemployment. One ZIP, 33101, is excluded because it is a downtown PO Box ZIP with no resident population; Fisher Island (33109) has no median rent and is excluded from rent figures. That leaves 29 ZIP codes covering 0.89 million residents in the City of Miami and Miami Beach. The site's scope is the urban core, not the whole of Miami-Dade County; Hialeah, Coral Gables, Doral, Homestead and Miami Gardens are not in the dataset, and every median below describes the 29 ZIPs on this site.
Price-to-income (PTI) is median home value divided by median household income. 3.0 is the long-run U.S. norm; the Demographia International Housing Affordability survey calls anything above 5.0 "severely unaffordable". In Brickell, downtown and the beaches the owner-occupied stock is largely condominium, so the numerator describes condo prices rather than houses. Rent-to-income (RTI) is annualized median gross rent divided by median household income; above 30% is "cost-burdened" and above 50% "severely cost-burdened" under the U.S. Department of Housing and Urban Development definitions. Both are area-level indicators built from ZIP-level medians. Metro and city medians weight each ZIP equally. Correlations are Pearson r across the 27 ZIPs with at least 5,000 residents, which sets aside Fisher Island and the airport-edge ZIP 33122; the named-ZIP rankings use the same floor. Sources, formulas and limitations are documented in full on the methodology page.
Miami vs. Miami Beach
The two USPS cities on this site split cleanly on ownership and income, and less cleanly on price. The 25 City of Miami ZIPs have a median household income of $68,717, a median home value of $462,200 and a median ratio of 7.8; 39% of households in the median Miami ZIP own their home and 40% of adults hold a bachelor's degree. The four Miami Beach ZIPs have a higher median income ($80,070) and home value ($656,850) and an almost identical median ratio (7.9); 46% of households in the median beach ZIP own. Poverty is the sharper divide: the median Miami ZIP has a poverty rate of 13.1%, the median beach ZIP 11.8%. Rent-to-income is 33.1% in the median Miami ZIP and 32.0% on the beach, both close to the 30% line.
Within the City of Miami the range is the widest of any metro this network has measured for its size. 33156 (Pinecrest) and 33146 (Coral Gables South) post incomes of $133,862 and $125,720 and home values near or above $1 million; 33150 (Little River), 33128 (Civic Center and Overtown) and 33136 (Overtown and the Health District) post incomes of $33,629–$35,129 and poverty rates of 24%–38%. Those ZIPs are five to eight miles apart.
| City | ZIPs | Residents | Median household income | Median home value | Median PTI | Median rent-to-income | Owner-occupied | Bachelor's or higher | Poverty rate |
|---|---|---|---|---|---|---|---|---|---|
| Miami | 25 | 795,506 | $68,717 | $462,200 | 7.8 | 33.1% | 39% | 40% | 13.1% |
| Miami Beach | 4 | 91,644 | $80,070 | $656,850 | 7.9 | 32.0% | 46% | 57% | 11.8% |
Price-to-income by ZIP
The distribution is compressed compared with New York or Los Angeles: 16 of 29 ZIPs sit between 5 and 8, and only 3 exceed 10. That does not make Miami affordable; it makes it uniformly expensive relative to what its residents earn. The median income on this site, $68,717, is below the national median, while the median home value, $464,900, is well above it.
At the top of the table, the airport-edge ZIP 33122 (15.8) is a statistical special case: 1,873 residents, 9% ownership and a $1,335,900 median describing a handful of owned units. Set it aside and the least affordable ZIPs are the working-class neighborhoods west and north of downtown: 33135 (Little Havana, 10.4), 33138 (Upper East Side and Morningside, 10.2), 33150 (Little River, 9.4), 33125 (Little Havana West, 9.1) and 33143 (South Miami, 9.1). In three of those five the median income is under $40,000 and in four fewer than half of households own; the home values of $317,200–$367,100 are being set by buyers who do not live there yet. Fisher Island (33109) sits at 8.0+ only because both of its figures are capped.
At the bottom, 33131 (Brickell, 4.9) and 33132 (Downtown and Edgewater, 5.3) are the most attainable ZIPs by ratio because their incomes are the highest on the site outside Pinecrest and Coral Gables; both are two-thirds renters. The most attainable majority-owner ZIPs are 33147 (Liberty City and West Little River, 5.2, on a $45,092 income and a $234,100 home), 33155 (Westchester, 5.6) and 33157 (Cutler Bay and Palmetto Bay, 5.6), the last two being the site's suburban south with 68%–67% ownership.
Least affordable ZIP codes by price-to-income (5,000+ residents)
| ZIP | Neighborhood | City | Median home value | Median household income | PTI | Owner-occupied | Poverty rate |
|---|---|---|---|---|---|---|---|
| 33135 | Little Havana | Miami | $367,100 | $35,185 | 10.4 | 21% | 25% |
| 33138 | Upper East Side / Morningside | Miami | $604,300 | $58,990 | 10.2 | 49% | 13% |
| 33150 | Little River / Model City | Miami | $317,200 | $33,629 | 9.4 | 27% | 32% |
| 33133 | Coconut Grove | Miami | $825,100 | $87,924 | 9.4 | 52% | 13% |
| 33125 | Little Havana West | Miami | $339,300 | $37,370 | 9.1 | 24% | 25% |
| 33143 | South Miami / High Pines | Miami | $711,800 | $78,525 | 9.1 | 55% | 12% |
| 33146 | Coral Gables South | Miami | $1,119,100 | $125,720 | 8.9 | 65% | 11% |
| 33127 | Wynwood / Little Haiti | Miami | $346,000 | $39,690 | 8.7 | 29% | 30% |
| 33128 | Civic Center / Overtown | Miami | $292,400 | $33,697 | 8.7 | 3% | 24% |
| 33140 | Mid-Beach | Miami Beach | $837,700 | $98,935 | 8.5 | 57% | 8% |
Most attainable ZIP codes by price-to-income (5,000+ residents)
| ZIP | Neighborhood | City | Median home value | Median household income | PTI | Owner-occupied | Poverty rate |
|---|---|---|---|---|---|---|---|
| 33131 | Brickell | Miami | $599,100 | $121,730 | 4.9 | 33% | 6% |
| 33147 | Liberty City / West Little River | Miami | $234,100 | $45,092 | 5.2 | 51% | 24% |
| 33132 | Downtown / Edgewater | Miami | $535,900 | $101,518 | 5.3 | 25% | 14% |
| 33126 | Flagami / Airport | Miami | $287,100 | $51,733 | 5.5 | 39% | 16% |
| 33157 | Cutler Bay / Palmetto Bay | Miami | $433,200 | $77,994 | 5.6 | 67% | 8% |
| 33129 | Brickell South / The Roads | Miami | $526,800 | $93,343 | 5.6 | 47% | 8% |
| 33155 | Westchester / Coral Terrace | Miami | $464,900 | $82,321 | 5.6 | 68% | 12% |
| 33137 | Midtown / Upper East Side | Miami | $462,200 | $71,348 | 6.5 | 26% | 15% |
| 33141 | North Beach | Miami Beach | $419,900 | $61,205 | 6.9 | 34% | 12% |
| 33145 | Shenandoah / Silver Bluff | Miami | $480,100 | $68,717 | 7.0 | 50% | 12% |
Rent burden: 15 of 28 ZIP codes past the 30% line
Miami is the first metro in this network where rent burden at the ZIP median is the majority condition: 15 of 28 ZIPs are over 30%, 4 are over 40%, and the median ZIP itself sits at 32.6%. The geography is not the beach. 33128 (Civic Center and Overtown, 42.4%), 33135 (Little Havana, 41.6%), 33136 (Overtown and the Health District, 40.2%) and 33142 (Allapattah and Liberty City, 40.1%) lead, on median rents of $1,177–$1,221 that are among the lowest on the site. Rent burden tracks income (r = -0.88) and poverty (r = 0.84); 13 of the 15 burdened ZIPs have a median income below the site median. The lowest burdens are in Pinecrest (33156, 17.2%), Cutler Bay (33157, 21.8%) and Mid-Beach (33140, 23.2%), where a rent near $1,918 is small against six-figure incomes.
The ACS rent figure is a gross rent including utilities, averaged across every occupied rental including long-tenured leases, over a five-year window. It runs well below what a new lease in Brickell or South Beach costs. The burden in the ZIPs above is therefore understated, not overstated.
| ZIP | Neighborhood | Median rent | Median household income | Rent-to-income | Poverty rate | Owner-occupied |
|---|---|---|---|---|---|---|
| 33128 | Civic Center / Overtown | $1,191 | $33,697 | 42.4% | 24% | 3% |
| 33135 | Little Havana | $1,221 | $35,185 | 41.6% | 25% | 21% |
| 33136 | Overtown / Health District | $1,177 | $35,129 | 40.2% | 38% | 12% |
| 33142 | Allapattah / Liberty City | $1,189 | $35,589 | 40.1% | 28% | 28% |
| 33125 | Little Havana West | $1,238 | $37,370 | 39.8% | 25% | 24% |
| 33150 | Little River / Model City | $1,094 | $33,629 | 39.0% | 32% | 27% |
| 33127 | Wynwood / Little Haiti | $1,283 | $39,690 | 38.8% | 30% | 29% |
| 33137 | Midtown / Upper East Side | $2,142 | $71,348 | 36.0% | 15% | 26% |
| 33126 | Flagami / Airport | $1,546 | $51,733 | 35.9% | 16% | 39% |
| 33147 | Liberty City / West Little River | $1,279 | $45,092 | 34.0% | 24% | 51% |
| 33130 | Brickell / Downtown | $1,553 | $55,285 | 33.7% | 22% | 13% |
| 33144 | West Flagler | $1,611 | $58,382 | 33.1% | 10% | 56% |
| 33139 | South Beach | $1,680 | $60,971 | 33.1% | 18% | 32% |
| 33141 | North Beach | $1,634 | $61,205 | 32.0% | 12% | 34% |
Education, poverty and the income divide
Bachelor's-degree attainment predicts income at r = 0.92 across ZIPs of 5,000+ residents and home value at 0.83, stronger than income itself predicts home value (0.85). The degree rate runs from 12% in 33142 (Allapattah / Liberty City), 14% in 33127 (Wynwood / Little Haiti) and 14% in 33150 (Little River / Model City) to 78% in 33131 (Brickell) and 76% in 33146 (Coral Gables South). Poverty runs the other way at r = -0.80, from 6.0% in 33131 (Brickell) to 38.2% in 33136 (Overtown / Health District). Median household income spans $33,629 in 33150 (Little River / Model City) to $133,862 in 33156 (Pinecrest), a 4-to-1 spread, before Fisher Island's capped $250,001.
Ownership tells a split story. Owner-occupancy correlates with home value at r = 0.61, because the majority-owner ZIPs are the single-family south and west (Pinecrest, Coral Gables South, Cutler Bay) where houses are expensive, but it is only weakly related to the ratio (-0.21), because those same ZIPs have the incomes to match. Miami's owned stock is condominium in the core and single-family at the edges: 13% ownership in Brickell/Downtown and 73% in Pinecrest describe two different housing markets that happen to share a county. Only 12 of the 29 ZIPs are majority owner-occupied.
Highest poverty rates (5,000+ residents)
| ZIP | Neighborhood | Poverty rate | Median household income | Bachelor's or higher | Unemployment | Rent-to-income |
|---|---|---|---|---|---|---|
| 33136 | Overtown / Health District | 38% | $35,129 | 22% | 12.0% | 40.2% |
| 33150 | Little River / Model City | 32% | $33,629 | 14% | 9.6% | 39.0% |
| 33127 | Wynwood / Little Haiti | 30% | $39,690 | 14% | 8.0% | 38.8% |
| 33142 | Allapattah / Liberty City | 28% | $35,589 | 12% | 7.5% | 40.1% |
| 33125 | Little Havana West | 25% | $37,370 | 20% | 3.3% | 39.8% |
| 33135 | Little Havana | 25% | $35,185 | 20% | 5.2% | 41.6% |
| 33147 | Liberty City / West Little River | 24% | $45,092 | 16% | 7.6% | 34.0% |
| 33128 | Civic Center / Overtown | 24% | $33,697 | 18% | 6.2% | 42.4% |
Highest incomes (5,000+ residents)
| ZIP | Neighborhood | Median household income | Bachelor's or higher | Median home value | PTI | Owner-occupied |
|---|---|---|---|---|---|---|
| 33156 | Pinecrest | $133,862 | 66% | $972,000 | 7.3 | 73% |
| 33146 | Coral Gables South | $125,720 | 76% | $1,119,100 | 8.9 | 65% |
| 33131 | Brickell | $121,730 | 78% | $599,100 | 4.9 | 33% |
| 33132 | Downtown / Edgewater | $101,518 | 61% | $535,900 | 5.3 | 25% |
| 33140 | Mid-Beach | $98,935 | 62% | $837,700 | 8.5 | 57% |
| 33129 | Brickell South / The Roads | $93,343 | 66% | $526,800 | 5.6 | 47% |
The value screen: 2 ZIP codes
The screen asks where a household earning the local median income can buy the local median home in a place with a real population and a real ownership market: at least 10,000 residents, a price-to-income ratio at or under 6, at least half of households owner-occupied, and a poverty rate at or below the site median of 13.0%. 2 ZIP codes pass: 33157 Cutler Bay / Palmetto Bay (5.6), 33155 Westchester / Coral Terrace (5.6). All are in the suburban south and west of the City of Miami; none is in Brickell, downtown, the Grove or the beaches. Their median ratio is 5.6, their median income $80,158 and their median home value $449,050. Drop the ownership condition and 33131 Brickell, 33129 Brickell South / The Roads join the list; drop the poverty condition instead and 33147 Liberty City / West Little River (5.2) joins it.
Limitations and how to cite this report
- ACS 5-Year Estimates are survey-based; margins of error are large for small-population ZIPs (Fisher Island 33109, about 792 residents; the airport-edge ZIP 33122, about 1,873). Named rankings use a 5,000-resident floor and the value screen a 10,000-resident floor.
- Median home value covers owner-occupied units only, is the owner's estimate rather than a transaction price, and is capped at $2,000,001. In condominium-heavy ZIPs it describes condos; in ZIPs where only a few percent of households own it describes a very small sub-market.
- Median gross rent includes utilities and covers all occupied rental units over the survey window, so it runs below current asking rents.
- The dataset covers 29 ZIPs in the City of Miami and Miami Beach, not Miami-Dade County; the county page on this site describes only these ZIPs.
- ZIP-level medians describe areas, not households. A rent-to-income ratio above 30% means the typical rent is high relative to the typical income in that ZIP, not that every renter there is cost-burdened.
- Metro and city medians weight each ZIP equally, not by population.
Cite as: Miami Zip Codes Data Team, Miami ZIP Code Affordability Report 2026, miamizipcodes.com, published 2026-09-21 (supersedes the July 2026 housing and income report at this address). Data: U.S. Census Bureau ACS 5-Year Estimates. Each ZIP code in the tables links to its full profile page.
Frequently asked questions
What is the most affordable ZIP code in Miami?
By price-to-income ratio among ZIPs of 5,000+ residents, Brickell (33131) is lowest at 4.9, but two-thirds of its households rent. Among majority-owner ZIPs the most attainable are 33147 (Liberty City / West Little River, 5.2), 33157 (Cutler Bay / Palmetto Bay, 5.6), 33155 (Westchester / Coral Terrace, 5.6).
What is the least affordable ZIP code in Miami?
Setting aside the 1,873-resident airport-edge ZIP 33122 (15.8), Little Havana (33135) has the highest ratio at 10.4: a $367,100 median home against a $35,185 median household income. Fisher Island (33109) is capped at both ends by the Census and is far higher in reality.
Is Miami Beach more expensive than Miami?
By home value yes ($656,850 vs $462,200 for the median ZIP), by ratio no (7.9 vs 7.8), because Miami Beach incomes are higher and its South Beach and North Beach condo medians are below Coconut Grove or Pinecrest. Only 46% of households in the median Miami Beach ZIP own.
How many Miami ZIP codes are rent-burdened?
15 of the 28 ZIP codes with rent data have a median gross rent above 30% of median household income, and 4 are above 40%. The highest is 33128 (Civic Center / Overtown) at 42.4%.
Why does Fisher Island show $2,000,000+ and $250,000+?
The American Community Survey caps reported median home value at $2,000,001 and median household income at $250,001. Fisher Island (33109) exceeds both, so its figures are shown as floors and its price-to-income ratio as a minimum.
Where can a median income still buy a home in Miami?
Our value screen (10,000+ residents, ratio at or under 6, majority owner-occupied, poverty at or below the site median) returns 2 ZIP codes: Cutler Bay / Palmetto Bay 33157, Westchester / Coral Terrace 33155.
What data does this report use?
U.S. Census Bureau American Community Survey 5-Year Estimates at the ZIP Code Tabulation Area level, the same dataset behind every ZIP code page on this site. Figures are computed by the Miami Zip Codes Data Team; no third-party estimates are used.