ZIP Code 33132 — Miami, Florida

The median home in 33132 is valued at $535,900 against a median household income of $101,518, a price-to-income ratio of 5.3. That is below 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, though it is among the more attainable ratios on this site. Within Miami, 33132 ranks 3 of 25 ZIPs on affordability (1 = lowest ratio); the Miami median ratio is 7.8. Renting takes 28.1% of median household income (median rent $2,373 a month), under the 30% cost-burden threshold.

33132 ranks 5 of 29 on this site by median household income and 11 of 29 on median home value; its income is above the $68,717 Miami median. 25% of households own their home, below the 39% metro ZIP median, so most residents rent. 61% of adults hold a bachelor's degree or higher, above the 43% median, and the poverty rate is 14.0%, above the 13.0% metro ZIP median. Unemployment stands at 4.9%.

With 13,182 residents per square mile across 1.3 square miles of land, 33132 is less dense than the metro ZIP median of 15,322 (rank 20 of 29). This is a mixed urban fabric of apartments, small-lot houses and commercial corridors.