ZIP Code 33122 — Miami, Florida

The median home in 33122 is valued at $1,335,900 against a median household income of $84,329, a price-to-income ratio of 15.8. That is far above the 7.8 median across the 29 Miami-area ZIP codes on this site with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, which means a household earning the local median income cannot finance the local median home on conventional terms. Within Miami, 33122 ranks 25 of 25 ZIPs on affordability (1 = lowest ratio); the Miami median ratio is 7.8. Renting takes 33.7% of median household income (median rent $2,370 a month), above the 30% cost-burden threshold.

33122 ranks 9 of 29 on this site by median household income and 2 of 29 on median home value; its income is above the $68,717 Miami median. 9% of households own their home, far below the 39% metro ZIP median, so most residents rent. 60% of adults hold a bachelor's degree or higher, above the 43% median, and the poverty rate is 3.8%, far below the 13.0% metro ZIP median and among the lowest on this site. Unemployment stands at 1.1%.

With 585 residents per square mile across 3.2 square miles of land, 33122 is far less dense than the metro ZIP median of 15,322 (rank 29 of 29). This is a low-density pattern of large lots, small towns or scattered subdivisions.