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Bal Harbour, FL
Thinking of moving to Bal Harbour, FL? With a boutique population of around 3,000, Bal Harbour offers luxurious living with a median home price near $1.2 million and average rents of $3,100. Residents enjoy a balmy climate with 70% sunny days, low violent crime rates, and short average commutes of 28 minutes. The area boasts high educational attainment, proximity to top Miami schools and healthcare, and a vibrant coastal lifestyle—perfect for those seeking upscale living by the beach.
Bal Harbour is a small, upscale community of about 3,000 residents, with a median age over 50 and a high population density. The area is predominantly White, but nearly half of residents speak languages other than English at home, reflecting a diverse and international character.
Bal Harbour's cost of living is significantly above the national average, driven by high housing expenses with median home values at $1.2 million and average rents around $3,100. While state taxes are low, residents should budget for elevated utility, insurance, and everyday costs, making the area ideal for those seeking luxury coastal living.
Bal Harbour is a relatively safe community, with violent crime rates much lower than national averages and a property crime risk of approximately 1 in 63. The area offers peace of mind for residents, making it attractive for families and retirees seeking a secure environment.
Residents enjoy a warm, subtropical climate with mild winters in the 60s, hot summers peaking near 90°F, and about 70% sunny days each year. The area receives ample rainfall, contributing to lush surroundings and a vibrant coastal atmosphere.
Bal Harbour boasts a high per capita income of nearly $75,000, with most households earning well above national medians and a low poverty rate of 6.5%. The community is highly educated, with over half holding at least a bachelor's degree, and commute times average just under 30 minutes.
Bal Harbour families benefit from access to highly regarded public and private schools, as well as proximity to major colleges like Barry University and Florida International University. The area’s strong educational resources support a community focused on academic achievement and lifelong learning.
The city offers excellent access to healthcare, with major hospitals like Mount Sinai Medical Center and Jackson North Medical Center nearby, and a physician density above the national average. Over 90% of residents have health insurance, ensuring comprehensive medical support for locals.
Bal Harbour features a luxury housing market, with median home prices around $1.2 million and strong appreciation rates. Most residents own their homes, but rental options are available, and vacancy rates remain moderate, reflecting a healthy, in-demand market.
Local DMV services are provided by the Florida Department of Highway Safety and Motor Vehicles, with the nearest office located in Miami. Residents can handle licensing and vehicle registration needs conveniently both in person and online.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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