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Bay Harbor Islands, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Bay Harbor Islands, Florida had a total population of 5,847, the 444th largest town in Florida, with a median household income of $89,663, which is 20% higher than the state average. The poverty rate is 5.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bay Harbor Islands Quick Facts

Population 5,847
Median Household Income $89,663
Median Home Value $653,500
Poverty Rate 5.4%
Unemployment Rate 3.2%
Median Age 35.9 years
Homeownership Rate 48.9%
Affordability Ratio 7.3x
Bachelor's Degree or Higher 56.5%
High School Graduation Rate 98.2%
Diversity Index 53/100
Population 5,847 444th of 955
Median Income $89,663 top 30%
Poverty Rate 5.4% 57% lower than national
Median Home Value $653,500 top 20%

How Bay Harbor Islands Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population5,7935,847+0.9%
Median household income$84,750$89,663+5.8%
Median home value$542,700$653,500+20.4%

How Bay Harbor Islands Compares

Economy & Housing

Household Income Distribution

Under $25K 13.1%
$25K-$50K 13.0%
$50K-$100K 27.0%
$100K+ 47.0%
Detailed income brackets
Under $10K
5.3%
$10K-$15K
1.3%
$15K-$20K
2.6%
$20K-$25K
3.8%
$25K-$30K
3.1%
$30K-$35K
1.4%
$35K-$40K
4.6%
$40K-$45K
3.4%
$45K-$50K
0.4%
$50K-$60K
10.3%
$60K-$75K
9.3%
$75K-$100K
7.4%
$100K-$125K
8.0%
$125K-$150K
8.3%
$150K-$200K
6.6%
$200K+
24.0%

Employment

3.2% Unemployment Rate State: 4.8%|National: 5.2%
69.1% Labor Force Participation

Housing Overview

Owner 48.9%
Renter 51.1%
Affordability Index Very Expensive
7.3x home value to income ratio
Median gross rent $2,442/mo 32.7% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Bay Harbor Islands Rankings in Florida

#444 Population of 955
#257 Median Income of 911
#91 Education of 955
#95 Home Value of 901

Other Cities in Miami-Dade County

CityPopulationMedian IncomePovertyHome Value
Miami 459,745 $62,462 19.4% $518,100
Hialeah 226,165 $55,594 17.0% $392,000
Miami Gardens 113,177 $63,627 13.6% $378,500
Homestead 82,807 $65,423 18.4% $380,000
Miami Beach 82,031 $72,856 14.4% $556,700
Kendall 79,562 $87,325 11.2% $567,900
Doral 79,216 $94,164 10.3% $562,800
North Miami 60,344 $57,188 18.9% $365,000
The Hammocks 58,838 $85,628 12.1% $468,100
Fountainebleau 55,665 $64,908 12.7% $320,200

Cities Similar to Bay Harbor Islands

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Crawfordville5,732$82,656$255,50018.5%4.7%
Fort Myers Beach5,513$91,291$642,40044.7%5.3%
Southgate5,772$80,133$422,00045.7%4.8%
Osprey5,943$103,516$750,00056.8%8.1%
Surfside5,631$100,208$881,70057.7%9.9%

Population Overview

Bay Harbor Islands is a small city located in Florida, within Miami-Dade County. The total population is 5,847. It ranks as the 444th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Bay Harbor Islands is 35.9 years. This is 16% lower than the state median of 42.6 years. With 31.1% of the population under 18, Bay Harbor Islands has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Bay Harbor Islands is $89,663. This is 20% higher than the state median of $74,568. It is also 11% higher than the national median of $80,734. The poverty rate stands at 5.4%. This is 57% lower than the state poverty rate of 12.6%. The unemployment rate is 3.2%. This is 34% lower than the state rate of 4.8%. The median home value is $653,500. Housing costs are 82% higher than the state median of $359,000. The home-value-to-income ratio of 7.3x suggests that housing affordability is a significant concern for many residents. 48.9% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Bay Harbor Islands is Hispanic or Latino, making up 56.1% of the population. White (non-Hispanic) residents account for 38.6%. The Black or African American population (1.4%) is well below the state average of 14.6%. The Hispanic or Latino population is significantly higher than the state average (56.1% vs 27.4%).

Education

56.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Bay Harbor Islands in the top 10% of all cities in the state for educational attainment. This is 65% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.2%. Notably, 27.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Bay Harbor Islands, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Bay Harbor Islands, Florida?

Bay Harbor Islands, Florida has a population of 5,847 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bay Harbor Islands, FL?

The median household income in Bay Harbor Islands is $89,663, which is 11% higher than the national median of $80,734.

What is the poverty rate in Bay Harbor Islands, FL?

The poverty rate in Bay Harbor Islands is 5.4%. This means approximately 315 residents live below the federal poverty line.

What is the racial makeup of Bay Harbor Islands, Florida?

Bay Harbor Islands's population is 38.6% White, 1.4% Black, 56.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bay Harbor Islands, FL?

The median home value in Bay Harbor Islands is $653,500. The home-value-to-income ratio is 7.3x.

How educated is Bay Harbor Islands, Florida?

56.5% of adults (25+) in Bay Harbor Islands hold a bachelor's degree or higher, and 27.5% hold a graduate or professional degree.