CitytisticsShortlist

Cost of living, pay and housing

25.89° N · 80.13° W · GEOID 1203975

Bay Harbor Islands

Miami-Dade County, Florida · part of the Miami, FL metro

FloridaBay Harbor Islands, FLBay Harbor IslandsBay Harbor Islands

The short answer

Bay Harbor Islands is home to 5,847 people. Median household income is $89,663 a year and median rent is $2,442 a month, 32.7% of income (a ratio of two medians, not any one household's burden). That is above the usual 30% line for cost burden. The median home is valued at $653,500, about 7.3x annual median household income.

The story in Bay Harbor Islands is how fast things are changing. Housing became less affordable between 2019 and 2024: rent went from 27.2% to 32.7% of income. Also notable: Home value growth is 12.5% a year, against 6.2% a year in its closest peers.

25OF 100

CTXCitytistics Index

Below average

Bay Harbor Islands scores better than 25% of the 6,612 places we rate, and ranks 251st of 474 in Florida.

How the CTX is built

Category ratings · 0 to 100, typical place 50

Affordability 20%5
Economy 20%59
Safety 20%n/a
Amenities 15%53
Education 10%86
Commute 10%20
Growth 5%26

Not rated: safety, for want of data (the city police department does not report a full year to the FBI). The other weights are spread over the categories rated.

Median gross rent
$2,442
79% above the median place
Median household income
$89,663
12% above the median place
Median home value
$653,500
105% above the median place
Unemployment
4.6%
6% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Bay Harbor Islands

  • HousingOwning with a mortgage costs about $1,365 a month more than the median rent, a wider gap than in 93% of the 2,469 places under 10,000 people we track.
  • Affordability79% of renter households spend 30% or more of income on rent, a higher share than in 98% of the 2,214 places under 10,000 people we track.
01

Moving to Bay Harbor Islands

Miami-Dade County loses about 18.7 residents per 1,000 a year to moves between counties.

Moved in67,097
Moved out107,355
Net−40,258

Where people come from and where they go, top counties

Broward County, FL16,82129,098−12,277
Palm Beach County, FL2,6344,446−1,812
Lee County, FL1,1613,807−2,646
Orange County, FL1,5243,362−1,838
Hillsborough County, FL1,2462,603−1,357
New York County, NY2,031

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$127K
Leavers$78K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Miami-Dade County; flows under 20 returns are not published.

Who moves here
4.2% of residents arrived from another county in the past year, 1.3% from another state.
Who arrives and who leaves
Households moving into Miami-Dade County report $127,200 a year in income on average; those leaving, $78,100, so newcomers earn more than leavers.
Income you would need
$97,700 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $2,442 a month; owners with a mortgage pay $3,807 a month including taxes and insurance, on a median home of $653,500.
Getting to work
31 minutes each way on average; 30.5% work from home; 3.3% take transit.
If it is close but not quite
Woodburn, VA matches it on character for less of your income. Compare the two
Moved here in the past year1
4.2%
27% below the median place
Net movers per 1,000 people8
-18.7
below the median place (median -0.6)
Income of households moving in8
$127,200
80% above the median place
All 5 moving measures
MeasureBay Harbor IslandsAmong 6,645 placesVs median
Moved here in the past year14.2%27% below
Moved from another state1County figure1.3%36% below
Net movers per 1,000 people8County figure-18.7below (median -0.6)
Income of households moving in8County figure$127,20080% above
Income of households moving out8County figure$78,10811% above
02

What it costs to live here

The median rent takes 32.7% of the median household's income, a bigger share than in 97% of the 2,480 places under 10,000 people we track.

Bay Harbor Islands32.7%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$97,680
a year, at the 30% line
Rent to income
32.7%
60% above the median place
Home price to income
7.3x
92% above the median place

Could you afford it?

The median rent would take
33%
over the 30% line
Left after rent, in US prices
$57,400
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Bay Harbor Islands, $2,442 a month, and local prices for everything else (105.7 against a US average of 100). It runs in your browser and stores nothing.

Like Bay Harbor Islands, but easier on the budget

Places that match Bay Harbor Islands on character (size, age, education, homeownership, household size, housing age, remote work and climate) but where rent takes a clearly smaller share of income. Cost was left out of the match on purpose.

PlaceMatchRent to incomeMore left a year
Woodburn, VA7121.0% vs 32.7%$48,500Compare
Hyattsville, MD6624.0% vs 32.7%$12,600Compare
East San Gabriel, CA6521.8% vs 32.7%$26,200Compare
Idylwood, VA6420.4% vs 32.7%$38,200Compare

Moving from somewhere else? Work out the salary you would need in Bay Harbor Islands.

Sponsored · exampleMoving to Bay Harbor Islands? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
79.0%
56% above the median place
Owner costs with a mortgage1
$3,807
103% above the median place
Vacant homes1
19.5%
177% above the median place
All 16 cost and housing measures
MeasureBay Harbor IslandsAmong 6,645 placesVs median
Median gross rent1$2,44279% above
Rent to income132.7%60% above
Property tax rate11.0%5% above
Home price to income17.3x92% above
Prices vs US average2Metro figure114.213% above
Fair market rent, 2 bedrooms3County figure$2,56459% above
HUD area median income4County figure$89,80016% below
Property tax paid (median)1$6,25692% above
Median home value1$653,500105% above
Home prices, 1-year change5County figure2.8%13% below
Home prices, 5-year change5County figure79.5%54% above
Homeownership148.9%26% below
Renters paying 30%+179.0%56% above
Owner costs with a mortgage1$3,807103% above
Vacant homes119.5%177% above
Median year built119700% below
03

Work and pay

Works from home is 30.5%, 145% above the median place.

Works from home1
30.5%
145% above the median place
Mean commute1
31 min
23% above the median place
Income per person1
$55,191
38% above the median place
All 10 work and pay measures
MeasureBay Harbor IslandsAmong 6,645 placesVs median
Median household income1$89,66312% above
Income per person1$55,19138% above
Unemployment1County figure4.6%6% below
Average annual pay6County figure$81,81824% above
Pay growth, 1 year6County figure5.4%46% above
Jobs6County figure1,276,535above (median 150,665)
Poverty rate1County figure14.7%37% above
Mean commute131 min23% above
Works from home130.5%145% above
Commutes by transit1County figure3.3%292% above
04

Who lives here

Born abroad is 51.4%, above the median place (median 8.8%).

Born abroad1
51.4%
above the median place (median 8.8%)
High school or higher1
98.2%
6% above the median place
No health insurance1
14.4%
125% above the median place

More about who lives here, against the typical place

Bachelor's or higher56.5% +76%
Household size2.8 +13%
Median age35.9 −8%
Homes with broadband93.3% +1%
All 9 people measures
MeasureBay Harbor IslandsAmong 6,645 placesVs median
Population15,8476050th largest
Population change since 202071.7%51% above
Median age135.98% below
Bachelor's or higher156.5%76% above
High school or higher198.2%6% above
Household size12.813% above
Born abroad151.4%above (median 8.8%)
No health insurance114.4%125% above
Homes with broadband193.3%1% above
05

Life in Bay Harbor Islands

The nearest National Park Service site is Biscayne National Park, about 27 miles away.

Founded or incorporated in 1947. 194 sites are on the National Register of Historic Places, 5 of them National Historic Landmarks. Its history on Wikipedia

Out the door, against the typical place

Parks per 10k residents20.5 2.0×
Playgrounds per 10k13.7 +45%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k17.1 +53%
Libraries per 10k1.7 +97%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi17.7 84.2×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

National Park Service sites nearby

  • Biscayne National Park 27 miles
  • Everglades National Park 53 miles
  • Big Cypress National Preserve 59 miles

Businesses per 10,000 residents (county figures)

Restaurants and bars22.2 +7%
Shops39.5 +30%
Arts, recreation and fitness5.9 +44%
Doctors' offices and clinics33.8 +67%
Child care centers2.8 +22%

Counts businesses with paid staff, so small owner-run shops are not included.

Public schools13
1
89% below the median place
Public school students13
1,257
74% below the median place
Students per teacher13
20.3
32% above the median place
All 18 schools and local life measures
MeasureBay Harbor IslandsAmong 6,645 placesVs median
Public schools13189% below
Public school students131,25774% below
Students per teacher1320.332% above
Restaurants and bars per 10k9County figure22.27% above
Shops per 10k9County figure39.530% above
Arts, recreation and fitness per 10k9County figure5.944% above
Doctors' offices and clinics per 10k9County figure33.867% above
Child care centers per 10k9County figure2.822% above
Parks per 10k1020.5102% above
Playgrounds per 10k1013.745% above
Grocery stores per 10k100.0below (median 2.1)
Restaurants, cafes and bars per 10k1017.153% above
Libraries per 10k101.797% above
Named paths and bike trails100.0below (median 2.0)
Transit stops per sq mi1017.7above (median 0.2)
Nearest National Park Service site1126.813% below
National Park Service sites within 60 miles11350% above
National Register listings12County figure194above (median 13)
06

Safety, weather and risk

January average low is 58°F, 128% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Bay Harbor Islands. Larger places are fetched first.

January average low14
58°F
128% above the median place
Average temperature14
76°F
39% above the median place
Hurricane risk15
100.0
41% above the median place
All 11 weather and risk measures
MeasureBay Harbor IslandsAmong 6,645 placesVs median
July average high14County figure91°F5% above
January average low14County figure58°F128% above
Average temperature14County figure76°F39% above
Annual precipitation14County figure57.5 in31% above
Natural hazard risk15County figure99.68% above
Hurricane risk15County figure100.041% above
Tornado risk15County figure98.721% above
Wildfire risk15County figure96.858% above
Heat wave risk15County figure99.310% above
Median air quality index16County figure479% above
Good air days16County figure56.4%18% below
08

Bay Harbor Islands in 2030: where the trends point

If recent trends hold, the median rent will take about 34% of the median income in 2030, up from 33% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases. On projected 2030 affordability, Bay Harbor Islands does better than 3% of places. Its projected home value growth beats 75%.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$2,442/mo (2024)$3,160/mo$2,600 to $3,850/mo+4.4%
Median household income$89,663 (2024)$111,000$94,000 to $131,500+3.6%
Median home value$653,500 (2024)$955,000$693,000 to $1,315,000+6.5%
Population6,021 (2025)6,1405,890 to 6,400+0.4%

The median home would be worth 8.6 years of the median income in 2030, against 7.3 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Bay Harbor Islands

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Doral, FL$2,669$94,164Compare
Boston, MA$2,147$97,344Compare
Harrison, NJ$2,226$93,013Compare
Stamford, CT$2,276$111,586Compare
Stamford, CTHarrison, NJBoston, MADoral, FLBay Harbor Islands, FLBay Harbor IslandsDoralBostonHarrisonBay Harbor IslandsDoralBostonHarrison

Places built like Bay Harbor Islands

Its statistical peers: the closest matches on size, age, education, homeownership, household size, housing age, origin and remote work, in the same part of the country. Cost and outcomes are left out of the match, so the table shows how Bay Harbor Islands performs against places like it.

PlaceRent to incomeIncome growthPop. change
Bay Harbor Islands, FL32.7%2.8%/yr1.7%
Woodburn, VA21.0%3.3%/yrn/aCompare
South Miami, FL22.4%8.8%/yr13.6%Compare
Seven Corners, VA25.3%6.5%/yrn/aCompare
West Miami, FL43.3%4.2%/yr-1.6%Compare
Idylwood, VA20.4%1.1%/yrn/aCompare
Hyattsville, MD24.0%2.4%/yr-0.1%Compare

Common questions

Is Bay Harbor Islands a good place to live?

It depends on what you need, so here is what the numbers say. Its Citytistics Index is 25 out of 100, better than 25% of the places we rate and 251st of 474 in Florida. Owning with a mortgage costs about $1,365 a month more than the median rent, a wider gap than in 93% of the 2,469 places under 10,000 people we track. 79% of renter households spend 30% or more of income on rent, a higher share than in 98% of the 2,214 places under 10,000 people we track. On cost, space and class size it scores 4 out of 100 for families. See how it ranks with your own weights.

Is Bay Harbor Islands expensive to live in?

The median rent takes 32.7% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $653,500.

What salary do you need to live in Bay Harbor Islands?

To rent the median home without spending more than 30% of income on rent, a household needs about $97,680 a year. Work it out from your current city.

What places are similar to Bay Harbor Islands?

On income, rent, home value, education and age, the closest matches are Doral, FL, Boston, MA, Harrison, NJ and Stamford, CT.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Common Core of Data · National Center for Education Statistics · 2024 release
  14. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  15. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  16. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Bay Harbor Islands with places of a similar size, using only figures measured for Bay Harbor Islands itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/bay-harbor-islands-florida

Citytistics. “Bay Harbor Islands, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/bay-harbor-islands-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.