At a Glance
Median Income
$91,061
$116,504 per capita
Home Value
$1,277,200
Zillow: $1,954,311
Median Rent
$2,734/mo
40.0% of income on rent
Violent Crime
85/100K
931/100K property
Bachelor's Degree+
67.1%
99.1% high school+
Unemployment
4.7%
13.2% poverty rate
Obesity Rate
23.9%
8.5% smoking rate
Avg Temperature
76°F
330 sunny days/yr
How Bal Harbour Compares to the U.S. Average
Each bar shows Bal Harbour's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Bal Harbour a Good Place to Live?
C+
2.8 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Bal Harbour residents earn a median household income of $91,061 , which is 21% above the national average of $75,149.
Per capita income is $116,504. The unemployment rate stands at 4.7% (31% above the U.S. rate of 3.6%). 13.2% of residents live below the poverty line. The area is home to 123,309 business establishments, including 6,356 restaurants.
Housing & Cost of Living
The median home value in Bal Harbour is $1,277,200 , 353% above the national median of $281,900.
Zillow estimates the typical home at $1,954,311. Median rent is $2,734/month, with 40.0% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1976.
Safety & Crime
Bal Harbour reports 85 violent crimes per 100,000 residents
, which is 78% below the national average of 380/100K.
Property crime is 931/100K.
Education
67.1% of adults in Bal Harbour hold a bachelor's degree or higher
(99% above the national average).
99.1% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Bal Harbour has an average annual temperature of 76°F (25°C).
Winters average 67°F in January while summers reach 83°F in July. The area gets 330 sunny days per year. Annual precipitation totals 57.2 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population3,021
Median Age49.9 yrs
Density7,950/mi²
Male / Female52% / 48%
Foreign Born13.6%
Veterans2.1%
Economy
A
Median Income$91,061
Per Capita$116,504
Unemployment4.7%
Poverty13.2%
County GDP$260,837M
Avg Weekly Wage$1,492
Housing
F
Home Value$1,277,200
Rent$2,734
Ownership65.8%
Zillow$1,954,311
Housing Units3,690
Rent Burden40.0%
Crime
F
Violent85/100K
Property931/100K
Health
Obesity23.9%
Diabetes8.6%
Smoking8.5%
Heart Disease4.8%
Premature Death6,314/100K
Climate
Avg Temp76°F
Sunny Days330/yr
Rain57.2 in/yr
AQI41 (Good)
Elevation11 ft
Education
A+
Bachelor's+67.1%
High School+99.1%
Graduate+32.3%
School Score5.7/10
Community
2024 VoteR 55% / D 44%
Commute34 min
Broadband94.0%
Internet Speed167 Mbps
EV Stations3
Libraries63
Did You Know?
Bal Harbour was founded in 1946.
The median home in Bal Harbour was built in 1976.
20.7% work from home.
The nearest airport is Miami International (12 miles).
The Gini coefficient (income inequality) is 0.516 (U.S. avg: 0.490).
Natural hazard risk is rated "Very High" by FEMA.
9.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 167 Mbps.
There are 6,356 restaurants in the area.
The county recorded 290 fatal vehicle crashes.
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