What percentage of people rent in Bal Harbour, FL?

42.4% (±10.8 points) of the occupied homes in Bal Harbour, FL are rented (2020–2024 American Community Survey).

That is 623 renting households against 848 that own their home.

In Bal Harbour, the share of households that rent went from 21.1% in 2015–2019 to 42.4% in 2020–2024 (+21.3 percentage points), a measurable increase.

Figures last updated on .

Households that rent
42.4% (±10.8 points)
Renting households
623 (±182)
Median renter income
$78,647 (±$8,855)

Who rents and who owns in Bal Harbour

Tenure, estimate (90% margin of error)
Bal HarbourMiami-Dade CountyFloridaUnited States
Renter-occupied share42.4% (±10.8 points)47.8% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households623 (±182)465,971 (±5,269)2,834,163 (±17,461)45,017,354
Owning households848 (±198)509,440 (±5,300)5,918,647 (±31,594)84,210,142
Average renter household size2.1 (±0.6)2.6 (±0.0)2.5 (±0.0)2.3
Average owner household size2.1 (±0.3)2.9 (±0.0)2.5 (±0.0)2.6
Median renter household income$78,647 (±$8,855)$53,660 (±$1,055)$53,617 (±$353)$52,966
Median owner household income$115,882 (±$90,341)$94,956 (±$1,395)$88,144 (±$469)$100,009

In Bal Harbour, the renter share is not measurably different from Miami-Dade County (47.8%).

It is not measurably different from Florida (32.4%).

It is not measurably different from the national figure (34.8%).

In Miami-Dade County, Bal Harbour ranks 31 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 169 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Bal Harbour has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent21.1% (±9.0 points)42.4% (±10.8 points)+21.3 percentage pointsMeasurable increase
Median gross rent$1,845 (±$240)$2,804 (±$747)+52.0%No measurable change after inflation
Median household income$76,962 (±$14,133)$80,806 (±$19,248)+5.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Bal Harbour

Nearest places with a published estimate, compared with Bal Harbour
PlaceDistanceHouseholds that rentCompared with this place
Bal Harbour—42.4% (±10.8 points)—
Bay Harbor Islands0.7 mi51.1% (±7.9 points)Not measurably different
Surfside1.0 mi26.0% (±8.6 points)Lower
Indian Creek1.4 mi40.0% (±49.0 points)Not measurably different
North Miami2.9 mi56.5% (±2.7 points)Higher
Sunny Isles Beach3.1 mi45.8% (±4.2 points)Not measurably different
North Bay Village3.5 mi57.6% (±7.5 points)Higher
North Miami Beach3.6 mi47.8% (±3.8 points)Not measurably different
Biscayne Park3.7 mi22.0% (±9.1 points)Lower

Nearby places with a measurably lower figure: Surfside, FL (26.0%), Biscayne Park, FL (22.0%).

Nearby places with a measurably higher figure: North Miami, FL (56.5%), North Bay Village, FL (57.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Miami-Dade County, place by place

RankPlaceHouseholds that rent
25West Perrine46.3% (±8.3 points)
26Sunny Isles Beach45.8% (±4.2 points)
27Virginia Gardens44.0% (±8.6 points)
28Goulds43.9% (±8.4 points)
29West Little River43.4% (±4.6 points)
30Ives Estates43.2% (±5.3 points)
31Bal Harbour42.4% (±10.8 points)
32Miami Lakes40.2% (±3.1 points)
33Indian Creek40.0% (±49.0 points)
34South Miami39.8% (±5.2 points)
35Coral Terrace39.7% (±4.2 points)
36Miami Springs38.9% (±6.0 points)
37Hialeah Gardens38.8% (±4.7 points)

Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Bal Harbour

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Questions about Bal Harbour

How many renters are there in Bal Harbour?

Bal Harbour has an estimated 623 (±182) renting households, 42.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Bal Harbour?

In Bal Harbour, the share of households that rent went from 21.1% in 2015–2019 to 42.4% in 2020–2024 (+21.3 percentage points), a measurable increase.

How big are renting households in Bal Harbour?

A renting household in Bal Harbour has 2.1 people on average, against 2.1 in an owned home.

How much do renters earn in Bal Harbour?

The median renting household in Bal Harbour, FL has an income of $78,647 (±$8,855) a year, against $115,882 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bal Harbour village, Florida (place:03275, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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