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North Bay Village, Florida Demographics & Population 2026

During the 2020–2024 ACS period, North Bay Village, Florida had a total population of 8,118, the 377th largest city in Florida, with a median household income of $84,405, which is 13% higher than the state average. The poverty rate is 9.3%.

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

North Bay Village Quick Facts

Population 8,118
Median Household Income $84,405
Median Home Value $464,200
Poverty Rate 9.3%
Unemployment Rate 3.3%
Median Age 47.7 years
Homeownership Rate 42.4%
Affordability Ratio 5.5x
Bachelor's Degree or Higher 45.0%
High School Graduation Rate 91.5%
Diversity Index 57/100
Population 8,118 377th of 955
Median Income $84,405 above average
Poverty Rate 9.3% 25% lower than national
Median Home Value $464,200 top 30%

How North Bay Village 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
Population8,0048,118+1.4%
Median household income$80,761$84,405+4.5%
Median home value$448,000$464,200+3.6%

How North Bay Village Compares

Economy & Housing

Household Income Distribution

Under $25K 13.1%
$25K-$50K 17.4%
$50K-$100K 26.7%
$100K+ 42.8%
Detailed income brackets
Under $10K
6.4%
$10K-$15K
3.1%
$15K-$20K
1.5%
$20K-$25K
2.1%
$25K-$30K
0.3%
$30K-$35K
6.0%
$35K-$40K
4.7%
$40K-$45K
4.2%
$45K-$50K
2.3%
$50K-$60K
2.9%
$60K-$75K
12.9%
$75K-$100K
10.9%
$100K-$125K
17.3%
$125K-$150K
7.2%
$150K-$200K
7.8%
$200K+
10.5%

Employment

3.3% Unemployment Rate State: 4.8%|National: 5.2%
68.6% Labor Force Participation

Housing Overview

Owner 42.4%
Renter 57.6%
Affordability Index Expensive
5.5x home value to income ratio
Median gross rent $2,157/mo 30.7% of median household income annually

People & Demographics

Diversity Index

57out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

North Bay Village Rankings in Florida

#377 Population of 955
#306 Median Income of 911
#206 Education of 955
#209 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 North Bay Village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mascotte7,949$83,878$304,30018.3%4.6%
Newberry7,865$89,552$288,10038.3%9.8%
Port LaBelle7,923$75,231$230,40015.5%11.9%
Fruitland Park8,740$82,656$382,40036.0%10.4%
Sky Lake8,116$70,203$280,40012.1%12.5%

Population Overview

North Bay Village is a small city located in Florida, within Miami-Dade County. The total population is 8,118. It ranks as the 377th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in North Bay Village is 47.7 years. This is 12% higher than the state median of 42.6 years. Only 10.0% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in North Bay Village is $84,405. This is 13% higher than the state median of $74,568. It is also 5% higher than the national median of $80,734. The poverty rate stands at 9.3%. This is 26% lower than the state poverty rate of 12.6%. The unemployment rate is 3.3%. This is 32% lower than the state rate of 4.8%. The median home value is $464,200. Housing costs are 29% higher than the state median of $359,000. The home-value-to-income ratio is 5.5x. 42.4% of occupied housing units are owner-occupied. This homeownership rate is 37% lower than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in North Bay Village is Hispanic or Latino, making up 60.0% of the population. White (non-Hispanic) residents account for 24.5%. The White (non-Hispanic) population (24.5%) is well below the state average of 50.4%. The Black or African American population (4.5%) is well below the state average of 14.6%. The Hispanic or Latino population is significantly higher than the state average (60.0% vs 27.4%). The Asian population is significantly higher than the state average (4.7% vs 2.9%).

Education

45.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% 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 91.5%. Notably, 16.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for North Bay Village, 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 North Bay Village, Florida?

North Bay Village, Florida has a population of 8,118 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in North Bay Village, FL?

The median household income in North Bay Village is $84,405, which is 5% higher than the national median of $80,734.

What is the poverty rate in North Bay Village, FL?

The poverty rate in North Bay Village is 9.3%. This means approximately 728 residents live below the federal poverty line.

What is the racial makeup of North Bay Village, Florida?

North Bay Village's population is 24.5% White, 4.5% Black, 60.0% Hispanic/Latino, and 4.7% Asian.

What is the median home value in North Bay Village, FL?

The median home value in North Bay Village is $464,200. The home-value-to-income ratio is 5.5x.

How educated is North Bay Village, Florida?

45.0% of adults (25+) in North Bay Village hold a bachelor's degree or higher, and 16.7% hold a graduate or professional degree.