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Bay Harbor Islands, FL
Full City Profile · Florida · Miami-Dade County County
3.4
/5.0
B
Good
5,793
Population
14,483/sq mi density
$84,750
Median Income
$53,920 per capita
$542,700
Home Value
$671,040 Zillow
$2,348
Median Rent
43.6% income on rent
76°F
Avg Temperature
330 sunny days/yr
50
Violent Crime/100K
847 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$84,750 median income, 3.4% unemployment
B
Affordability
3.1 / 5.0
$542,700 home value, $2,348/mo rent
F
Safety
1.0 / 5.0
50 violent crimes/100K
A+
Education
5.0 / 5.0
55.6% bachelor's degree or higher
Income Overview
Median Household Income
$84,750
13% above
US avg: $75,149
Per Capita Income
$53,920
38% above
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
5.9%
52% below
US avg: 12.4%
Income Comparison: Bay Harbor Islands vs. U.S. Average
Each bar shows Bay Harbor Islands’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$84,750
113%
Per Capita
US: $39,052
$53,920
138%
IRS Avg AGI
US: $72,000
$111,222
154%
Avg Weekly Wage
US: $1,432
$1,492
104%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,492
4% above US avg ($1,432)
Mean Commute Time
31 min
11% above US avg (28 min)
Work From Home
23.7%
56% above US avg (15.2%)
Drive Alone
59.7%
18% below US avg (73.2%)
Public Transit
2.1%
59% below US avg (5.0%)
County GDP
$260,837M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
59.7%
Public Transit
2.1%
Work From Home
23.7%
Other
14.5%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
123,309
Restaurants
6,356
Healthcare
11,061
Retail
10,749
Manufacturing
2,137
Tax & Financial
IRS Avg Adjusted Gross Income
$111,222
54% above US avg ($72,000)
Avg Property Tax
$12,130
247% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $84,750 |
| Per Capita Income | $53,920 |
| IRS Avg Adjusted Gross Income | $111,222 |
| Avg Weekly Wage | $1,492 |
| County GDP | $260,837M |
Hardship Indicators
| Unemployment Rate | 3.4% |
| Poverty Rate | 5.9% |
| Gini Coefficient | 0.516 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 59.7% |
| Public Transit | 2.1% |
| Work From Home | 23.7% |
Businesses
| Total Establishments | 123,309 |
| Restaurants | 6,356 |
| Healthcare | 11,061 |
| Retail | 10,749 |
| Manufacturing | 2,137 |
Tax
| IRS Avg AGI | $111,222 |
| Avg Property Tax | $12,130 |