Salary Overview

Median Salary
$168,120
25th Percentile
$126,090
75th Percentile
$218,556

Tax Breakdown

Gross Salary:$168,120
Federal Tax:$33,391
State Tax (0.0%):$0
FICA (Social Security & Medicare):$12,370
Total Tax (27.2%):$45,761
Net Annual Salary:$122,359
Net Monthly Income:$10,197

Cost of Living Analysis

Cost of Living Index:140.1(100 = National Average)
Adjusted Salary (National COL):$120,000
Average Monthly Rent:$1,758
Estimated Monthly Expenses:$9,609
Purchasing Power:200

About Miami

Population: 459,745
Median Home Price: $518,100
Sales Tax: 7.0%

About Data Scientist

Category: Technology
National Median: $120,000
Growth Rate: 31.0%
Education: Master's degree in Data Science, Statistics, or related field

What this data means in real life

The figures on this page estimate a typical base salary for a Data Scientist in Miami. The number ($168,120) represents a median-style estimate adjusted for local cost-of-living and common career-level differences. Use it as a data-informed starting point when comparing offers or planning a move.

What this data does not capture

These estimates exclude company-specific pay bands, negotiated sign-on bonuses, equity grants, non-salary benefits, and irregular contract premiums. They also do not reflect personal circumstances such as household size, childcare needs, or medical expenses.

Who this is best for

This data is most useful for mid-career professionals and hiring teams who need a quick, comparable view of salary and purchasing power across metros. It is strongest for occupations with broad reporting and many local hires.

Who should avoid this move

If accepting the posted salary would reduce your adjusted purchasing power versus your current location—for example, if your current salary is higher than $120,000 or your family has high fixed costs—this move may not be suitable without additional compensation. Similarly, candidates with specialized compensation (equity, commission-heavy roles, or contractor rates) should not rely solely on these medians.

How to use this data in decisions

  1. Compare the adjusted salary ($168,120) with your current take-home and benefits.
  2. Check local costs on this page—housing, taxes, and typical living expenses—and add one-time moving costs.
  3. If the move reduces purchasing power, ask the employer for targeted adjustments (relocation support, higher base, or sign-on).
  4. Use this page as an initial benchmark, then validate current market demand and compensation bands with recent local job postings.