Everything You Should Know Before Moving to 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.
Demographics - Bal Harbour, FL
Demographics - Bal Harbour, FL
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.
Population:
3,037
Density:
6,700 per sq mi
Median Age:
52.5
Gender Ratio:
80 males per 100 females
Non-English Speakers Percentage:
45.5%
Ethnic Composition
White:
92.1%
Black:
2.1%
Asian:
1.5%
Others:
4.3%
Cost Of Living
What is the average cost of living in Bal Harbour, FL?
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.
Median House Value:
$1,200,000
Gross Rent:
$3,100
Monthly Electricity Charges:
$165
Auto Insurance:
$2,400
House Owner Cost With Mortgage:
$4,050
House Owner Cost Without Mortgage:
$1,450
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
168.0
Grocery:
112.5
Housing:
250.2
Utilities:
104.5
Transportation:
109.8
Health Care:
101.2
Miscellaneous:
104.7
Crime
Is Bal Harbour, FL a safe place to live?
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.
Violent Crimes Per 100k:
92
Property Crimes Per 100k:
1,590
Crime Index:
1,682
Chance Of Violent Crime:
1 in 1,087
Chance Of Property Crime:
1 in 63
Weather
What is the weather like in Bal Harbour, FL year-round?
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.
Winter
Min:
62°F
Max:
76°F
Spring
Min:
68°F
Max:
83°F
Summer
Min:
76°F
Max:
89°F
Fall
Min:
70°F
Max:
85°F
Average Rainfall Inches:
56.1 inches
Sunny Days Percentage:
70%
Neighbors
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.
Median Income:
$59,900
Household Income:
$75,750
Family Income:
$102,800
Per Capita Income:
$74,900
Income Male:
$61,000
Income Female:
$54,000
Poverty Rate:
6.5%
Non English Speakers:
45.5%
Rent:
$3,100
Unemployment Rate:
3.2%
Public Transport Usage:
6.8%
Commute Time:
28.2 minutes
Education
High School or Higher:
94.6%
Bachelors or More:
51.2%
Education
How are the schools in Bal Harbour, FL?
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.
Public Schools
Name:
Ruth K. Broad Bay Harbor K-8 Center
Street:
1155 93rd St
Phone:
305-865-7912
Students:
1,074
Student Teacher Ratio:
16.9
Private Schools
Name:
St. Joseph's School
Street:
8601 Biscayne Blvd
Phone:
305-893-7625
Students:
330
Colleges
Name:
Barry University
City:
Miami Shores
State:
FL
Distance:
7 miles
Students:
7,200
Name:
Florida International University (Biscayne Bay Campus)
City:
North Miami
State:
FL
Distance:
6 miles
Students:
7,800
Healthcare
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.
Major Hospitals
Name:
Mount Sinai Medical Center Aventura
Address:
2845 Aventura Blvd, Aventura, FL 33180
Phone:
(305) 692-1010
Type:
General & Surgical
Emergency Services:
Yes
Name:
Jackson North Medical Center
Address:
160 NW 170th St, North Miami Beach, FL 33169
Phone:
(305) 654-3055
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.0
Health Insurance Coverage:
90.2%
Health Care Index:
72.8
Housing Market
What is the housing market like in Bal Harbour, FL?
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.
Median Home Price:
$1,200,000
Average Rent For 2 Bedroom:
$3,100
Owner Occupied Rate:
57.5%
Rental Vacancy Rate:
8.2%
Home Appreciation Rate (1yr):
7.1%
New Construction Rate:
2.5%
Foreclosure Rate:
0.3%
DMV Information
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.
State:
Florida
Department:
Florida Department of Highway Safety and Motor Vehicles
Address:
1830 NW 7th St, Miami, FL 33125
Phone:
1-850-617-2000
Website:
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.