Salary & Cost of Living in Hialeah, FL
Hialeah, FL: $42,000 median salary, cost of living index 110, $14.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$42,000
$20/hr
Cost of Living
110
US avg = 100
Minimum Wage
$14.00
per hour
Unemployment
4%
rate
Hialeah, FL Overview
Population
223,109
Median Salary
$42,000
Average Salary
$47,500
Avg Commute
30 min
Median Home Price
$380,000
Median Rent
$1,800/mo
Job Growth
+1.2%
Sales Tax
7%
Hialeah is located in Florida with a population of 223,109. The median household salary is $42,000 per year ($20/hour), which is $17,384 below the national median of $59,384. The average commute time is 30 minutes, and the city has a job growth rate of +1.2%.
Hialeah Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Hialeah, FL, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$35,786
$2,982.13/month · $1,376.37/biweekly · Effective Rate: 14.8%
Gross Pay
$42,000
Federal Tax
-$3,002
State Tax
$0
Local Tax
$0
FICA
-$3,213
Net Pay
$35,786
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,500.00 | $42,000.00 |
| Federal Income Tax | -$250.13 | -$3,001.50 |
| Florida State Tax (0%) | $0.00 | $0.00 |
| Social Security (6.2%) | -$217.00 | -$2,604.00 |
| Medicare (1.45%) | -$50.75 | -$609.00 |
| Net Take-Home Pay | $2,982.13 | $35,785.50 |
Salary Comparison: Hialeah vs Other Cities
See how Hialeah's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Hialeah, FL | $42,000 | 110 | $38,182 |
| National Average | $59,384 | 100 | $59,384 |
| Youngstown, OH | $42,000 | 78 | $53,846 |
| Reading, PA | $42,000 | 85 | $49,412 |
| Myrtle Beach, SC | $42,000 | 95 | $44,211 |
| Laredo, TX | $42,000 | 80 | $52,500 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Hialeah
Hialeah's cost of living index is 110 (national average = 100). Living in Hialeah is 10% more expensive than the national average.
Median Home Price
$380,000
Median Monthly Rent
$1,800
Annual Rent Cost
$21,600
Your Salary's Purchasing Power
Your $35,786 annual take-home pay in Hialeah has the purchasing power of approximately $32,532 in an average-cost US area. You would need to earn $46,200 in Hialeah to match a $42,000 salary in an average-cost city.
Top Industries in Hialeah
Hialeah's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $42,000.
Salary Tips for Hialeah Workers
- No state income tax advantage. Florida has no state income tax, which means more of your paycheck stays in your pocket. Invest the savings in a Roth IRA or 401(k) for long-term growth.
- Research top industries. Hialeah's top industries include Manufacturing, Retail, Healthcare. Targeting roles in these sectors can help you earn above the $42,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
Related Salary Tools
Frequently Asked Questions
What is the median salary in Hialeah, FL?
The median salary in Hialeah, FL is $42,000 per year, or $20 per hour. The average salary is $47,500. This is $17,384 below the national median of $59,384.
What is the cost of living in Hialeah, FL?
Hialeah's cost of living index is 110 (national average = 100), meaning it is 10% more expensive compared to the national average. The median home price is $380,000 and the median monthly rent is $1,800.
What are the best industries in Hialeah?
The top industries in Hialeah, FL include Manufacturing, Retail, Healthcare. The city has a job growth rate of 1.2% and an unemployment rate of 4%. Workers in these industries often earn above the city's median salary of $42,000.
How does Hialeah's salary compare to other cities?
Hialeah's median salary of $42,000 is 29.3% below the national median of $59,384. However, when adjusted for cost of living (index: 110), the real purchasing power is approximately $38,182.
What is the minimum wage in Hialeah, FL?
The minimum wage in Hialeah, FL is $14.00 per hour. This equals approximately $29,120 per year for a full-time worker (40 hours/week). This is $6.75 above the federal minimum wage of $7.25/hour.