Bay Harbor Islands, FL
Full City Profile · Florida · Miami-Dade County County
Bay Harbor Islands, FL
At a Glance
How Bay Harbor Islands Compares to the U.S. Average
Each bar shows Bay Harbor Islands's value as a percentage of the national average (100% = U.S. avg)
Is Bay Harbor Islands a Good Place to Live?
Economy & Jobs
Bay Harbor Islands residents earn a median household income of $84,750 , which is 13% above the national average of $75,149. Per capita income is $53,920. The unemployment rate stands at 4.7% (31% above the U.S. rate of 3.6%). 5.9% 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 Bay Harbor Islands is $542,700 , 93% above the national median of $281,900. Zillow estimates the typical home at $701,545. Median rent is $2,348/month, with 43.6% 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 1967.
Safety & Crime
Bay Harbor Islands reports 36 violent crimes per 100,000 residents , which is 91% below the national average of 380/100K. Property crime is 856/100K.
Education
55.6% of adults in Bay Harbor Islands hold a bachelor's degree or higher (65% above the national average). 98.2% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Bay Harbor Islands has an average annual temperature of 76°F (25°C). Winters average 67°F in January while summers reach 83°F in July. Annual precipitation totals 57.2 inches.