Miami Gardens, FL

Above Avg · 115

Florida · Population 111,264 · Updated March 2026

$1,709
Median Rent / Month
$60,979
Median Income
$337,200
Median Home Value
$1,640
Owner Costs / Month

Affordability

How far your income goes in Miami Gardens

33.6%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$20,508
Annual Rent
$0
State Income Tax
$2,900
Property Tax (est.)

Cost of Living Overview

Miami Gardens is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 115 (where 100 equals the national median), Miami Gardens residents can expect to pay median rent of $1,709/month while earning a median household income of $60,979/year.

The median home value in Miami Gardens, FL is $337,200, with typical monthly owner costs around $1,640 including mortgage, insurance, and taxes. At 33.6% rent-to-income ratio, residents of Miami Gardens are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Miami Gardens.

Frequently Asked Questions

Common questions about living costs in Miami Gardens

What is the cost of living in Miami Gardens, FL?
The cost of living index in Miami Gardens, FL is 115 (US average = 100). Median monthly rent is $1,709, median household income is $60,979/year, and the median home value is $337,200.
Is Miami Gardens, FL affordable?
No, Miami Gardens is more expensive than the national average with a cost index of 115. The rent-to-income ratio is 33.6%—above the 30%% affordability threshold.
What is the average rent in Miami Gardens, FL?
The median gross rent in Miami Gardens, FL is $1,709 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,508.
What is the median household income in Miami Gardens?
The median household income in Miami Gardens, FL is $60,979 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.

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