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The Hammocks, FL

Full City Profile · Florida · Miami-Dade County County

3.3 /5.0
B Good
58,548 Population 7,421/sq mi density
$83,253 Median Income $33,674 per capita
$437,700 Home Value $531,182 Zillow
$2,041 Median Rent 41.1% income on rent
76°F Avg Temperature 330 sunny days/yr
232 Violent Crime/100K 3,099 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$83,253 median income, 1.6% unemployment
B+
Affordability
3.7 / 5.0
$437,700 home value, $2,041/mo rent
F
Safety
1.0 / 5.0
232 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher

Income Overview

Median Household Income
$83,253
11% above
US avg: $75,149
Per Capita Income
$33,674
14% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
10.9%
12% below
US avg: 12.4%

Income Comparison: The Hammocks vs. U.S. Average

Each bar shows The Hammocks’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$83,253
111%
Per Capita
US: $39,052
$33,674
86%
IRS Avg AGI
US: $72,000
$111,222
154%
Avg Weekly Wage
US: $1,432
$1,492
104%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,492
4% above US avg ($1,432)
Mean Commute Time
34 min
24% above US avg (28 min)
Work From Home
9.0%
41% below US avg (15.2%)
Drive Alone
78.5%
7% above US avg (73.2%)
Public Transit
1.8%
64% below US avg (5.0%)
County GDP
$260,837M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.5%
Public Transit 1.8%
Work From Home 9%
Other 10.7%
Average commute time
34 minutes
US avg: 28 min

Business Landscape

Total Establishments
123,309
Restaurants
6,356
Healthcare
11,061
Retail
10,749
Manufacturing
2,137

Tax & Financial

IRS Avg Adjusted Gross Income
$111,222
54% above US avg ($72,000)
Avg Property Tax
$12,130
247% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$83,253
Per Capita Income$33,674
IRS Avg Adjusted Gross Income$111,222
Avg Weekly Wage$1,492
County GDP$260,837M

Hardship Indicators

Unemployment Rate1.6%
Poverty Rate10.9%
Gini Coefficient0.516
Cost of Living Index103.4

Commute

Mean Commute34 minutes
Drive Alone78.5%
Public Transit1.8%
Work From Home9.0%

Businesses

Total Establishments123,309
Restaurants6,356
Healthcare11,061
Retail10,749
Manufacturing2,137

Tax

IRS Avg AGI$111,222
Avg Property Tax$12,130