Bay Harbor Islands, Florida
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Growing. Up 2.3% since 2020.
6,021
people, the 216th-largest of Florida's cities and towns.
Census Population Estimates, 2025. Rank among Florida's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
9 in 10 jobs here go to people who live somewhere else.
91.3%
of 1,339 jobs located in Bay Harbor Islands are filled by in-commuters.
Census LEHD LODES, 2023. Sources: Census LEHD LODES
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Rent
Median rent is up 115% since the 2005–2009 survey, before inflation.
$2,442
a month. Florida's median is $1,669.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent doubles.
A $3,210 gap between neighbors, the sharpest rent edge between adjacent tracts in Miami-Dade County.
- $291 Tract 106.10
- $3,501 Tract 82.09
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
The median rent is above what local wages can carry.
$1,070–$1,605
is the monthly rent range local workforce wages support.
- $2,442 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 137 homes permitted in ten years, 2016–2025
- 77% of those were in multifamily buildings
- 78% of all homes were built before 2000
Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year
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Units needed
Closing the gap would add 0.5% to the 2,581 homes here.
13
is the estimated number of missing housing units; all three estimates agree.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 82% more than Florida's.
$653,500
median home value in Bay Harbor Islands.
- $653,500 Bay Harbor Islands
- $359,000 Florida
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year