ZIP Code 33135 — Miami, Florida

The median home in 33135 is valued at $367,100 against a median household income of $35,185, a price-to-income ratio of 10.4. That is 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, 33135 ranks 24 of 25 ZIPs on affordability (1 = lowest ratio); the Miami median ratio is 7.8. Renting takes 41.6% of median household income (median rent $1,221 a month), above the 30% cost-burden threshold.

33135 ranks 26 of 29 on this site by median household income and 21 of 29 on median home value; its income is below the $68,717 Miami median. 21% of households own their home, below the 39% metro ZIP median, so most residents rent. 20% of adults hold a bachelor's degree or higher, far below the 43% median, and the poverty rate is 24.7%, far above the 13.0% metro ZIP median. Unemployment stands at 5.2%.

With 24,816 residents per square mile across 1.4 square miles of land, 33135 is far denser than the metro ZIP median of 15,322 (rank 4 of 29). This is high-rise density: expect multi-family housing, transit access and little single-family stock.