Fisher Island, FL Profile: Facts & Data

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Fisher Island, Florida - Basic Facts

The Fisher Island Census Designated Place had a population of 146 as of July 1, 2020. Fisher Island ranks in the lower 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 Fisher Island is located at latitude 25.7609 and longitude -80.14 in Miami-Dade County. The formal boundaries for the Fisher Island Census Designated Place encompass a land area of 0.24 sq. miles and a water area of 0.03 sq. miles. Miami-Dade County is in the Eastern time zone (GMT -5). The elevation is 10 feet.

The Fisher Island Census Designated Place (GNIS ID: 2402483) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

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


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Fisher Island, FL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 146 (100%)
Population in Households 146 (100.0%)
Population in Families 116 (79.5%)
Population in Group Quarters1 0
Population Density 606
Diversity Index2 44
 
 

INCOME

Median Household Income $200,001
Average Household Income $273,706
% of Income for Mortgage4 42%
Per Capita Income $125,468
Wealth Index5 501
 

HOUSING

Total HU (Housing Units) 221 (100%)
Owner Occupied HU 61 (27.6%)
Renter Occupied HU 8 ( 3.6%)
Vacant Housing Units 152 (68.8%)
Median Home Value $2,000,001
Average Home Value $1,833,607
Housing Affordability Index3 64
 

HOUSEHOLDS

Total Households 69
Average Household Size 2.12
Family Households 48
Average Family Size 2
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. 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.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. 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

2010-2020 2020-2025
Population 1.45% 1.07%
Households 1.21% 0.85%
Families 0.85% 0.82%
Median Household Income   0.0%
Per Capita Income   1.11%
Owner Occupied HU   0.96%

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Fisher Island, FL - Peer Comparisons by Rank and Percentile

The table below compares Fisher Island to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2020 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 # 898 2nd
Population Density # 691 25th
Median Household Income # 2 100th
Housing Affordability Index # 42 5th
Per Capita Income # 1 100th
Diversity Index # 518 44th

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

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