Bal Harbour, FL Profile: Facts & Data

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Bal Harbour, Florida - Basic Facts

The Village of Bal Harbour had a population of 5,602 as of July 1, 2019. Bal Harbour ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Bal Harbour is located at latitude 25.8918 and longitude -80.127 in Miami-Dade County. The formal boundaries for the Village of Bal Harbour encompass a land area of 0.39 sq. miles and a water area of 0.26 sq. miles. Miami-Dade County is in the Eastern time zone (GMT -5). The elevation is 0 feet.

The Village of Bal Harbour (GNIS ID: 2407413) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Village of Bal Harbour is located within Miami Beach CCD of Miami-Dade County.

Alternate Unofficial Names for Bal Harbour: Bal Harbor.

Jump to... (On This Page!)
  1. Bal Harbour 2019 Demographic Data
  2. Growth Rates for Bal Harbour (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Bal Harbour, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Bal Harbour, FL Housing Affordability Index is 43
State of Florida Housing Affordability Index is 113
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Bal Harbour, FL Wealth Index is 167
State of Florida Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Florida address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 5,602
Population in Households 5,602
Population in Familes 3,787
Population in Group Qrtrs 0
Population Density 14,611
Diversity Index1 62
 

INCOME

Median Household Income $71,661
Average Household Income $115,313
Per Capita Income $56,071
Wealth Index3 167

HOUSING

Total Housing Units 5,031 (100%)
Owner Occupied HU 1,552 (30.8%)
Renter Occupied HU 1,172 (23.3%)
Vacant Housing Units 2,307 (45.9%)
Median Home Value $766,791
Housing Affordability Index2 43
 

HOUSEHOLDS

Total Households 2,724
Average Household Size 2.06
Family Households 1,308
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 9.05% 1.4%
Households 8.16% 1.43%
Families 8.18% 1.48%
Median Household Income   2.16%
Per Capita Income   2.23%

Bal Harbour, FL - Peer Comparisons by Rank and Percentile

The table below compares Bal Harbour to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 452 51st
Population Density # 6 99th
Diversity Index # 267 71st
Median Household Income # 190 79th
Per Capita Income # 70 92nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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