ZIP Code 33242 Cost of Living & Demographics
Detailed 2026 cost of living analysis, housing trends, median household income, taxes, nearby schools, and local amenities for ZIP Code 33242 (Miami, FL).
ZIP COL Index Score
174.2
74% above US avgMedian Income$88,242
Median Home Value$540,400
Median Rent$3136/mo
Population18,242
Land Area6.5 sq mi
Time ZoneEST
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Cost of Living Breakdown for ZIP 33242
Scores benchmarked against the US national average (100 baseline) and compared to Florida state standards.
US Baseline = 100
Housing & Rent
+126% higher226
Food & Groceries
+3% higher102.5
Utilities & Internet
-2% lower98.4
Transportation & Gas
+4% higher104.2
Healthcare Services
+1% higher101
Education & Schools
On average100
Local Amenities & Nearby Infrastructure (ZIP 33242)
Top Nearby Schools
- •Miami Community High School
- •Miami Elementary
Nearby Hospitals & Health
- •Miami Regional Medical Center
Nearby Airports
- •Miami International Airport
Tax Structure (ZIP 33242)
Property Tax Rate:1.25%
Combined Sales Tax:7.5%
State Income Tax:0% (No Income Tax)
Climate & Environment
Climate Profile:Temperate Continental
Average Rainfall:32 inches/yr
Average Snowfall:0 inches/yr
Geographic Boundary & Centroid Map
Latitude: 36 • Longitude: -116 • Area: 6.5 sq miles
EST (Eastern Standard Time)
ZIP 33242
Miami, Florida
Centroid: 36° N, 116° W
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Frequently Asked Questions — ZIP Code 33242
Authoritative USPS ZCTA demographics, home prices, rent & tax metrics.
ZIP Code 33242 is located in Miami, Florida (FL) in Miami Metropolitan Area.