Monroe County, FL
FIPS: 12087
Median HAM
20.1x
Very High
Jul 2023
Minimum HAM
44.3x
Very High
Jan 2026
HAM Burden
170%
Very High
Dec 2025
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$100,753
National avg: ~$82,000
Total GDP
$8.3B
Thousands of current $
Population
82,874
2020 Census
Top Industries by GDP
Real estate and rental and leasing26.8%
Accommodation and food services20.6%
Government and government enterprises13.6%
Retail trade7.7%
Construction4.5%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$723,800
Census ACS
Gross Median Income
$42,414
Census ACS
Net Median Income
$36,064
Calculated
Median HAM
20.07x
Minimum HAM
Data as of Jan 2026
Median Home Price
$1,123,500
Redfin
Min Wage (Hourly)
$14.00/hr
State labor data
Net Min Wage Income
$25,382
Calculated
Minimum HAM
44.26x
HAM Burden
Data as of Dec 2025
Monthly Rent
$3,590
Zillow ZORI
Min Wage (Hourly)
$14.00/hr
State labor data
Monthly Net Min Wage
$2,115
Calculated
HAM Burden
169.8%
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.