ZIP Code 33150 — Miami, Florida

The median home in 33150 is valued at $317,200 against a median household income of $33,629, a price-to-income ratio of 9.4. 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, so buying here on a local median income requires substantial savings or a second income. Within Miami, 33150 ranks 22 of 25 ZIPs on affordability (1 = lowest ratio); the Miami median ratio is 7.8. Renting takes 39.0% of median household income (median rent $1,094 a month), above the 30% cost-burden threshold.

33150 ranks 29 of 29 on this site by median household income and 24 of 29 on median home value; its income is far below the $68,717 Miami median. 27% of households own their home, below the 39% metro ZIP median, so most residents rent. 14% of adults hold a bachelor's degree or higher, far below the 43% median, and the poverty rate is 32.4%, far above the 13.0% metro ZIP median and among the highest on this site. Unemployment stands at 9.6%.

With 16,741 residents per square mile across 1.9 square miles of land, 33150 is denser than the metro ZIP median of 15,322 (rank 12 of 29). This is a mixed urban fabric of apartments, small-lot houses and commercial corridors.