What percentage of people rent in Bay Harbor Islands, FL?
51.1% (±7.9 points) of the occupied homes in Bay Harbor Islands, FL are rented (2020–2024 American Community Survey).
That is 1,061 renting households against 1,016 that own their home.
In Bay Harbor Islands, the share of households that rent went from 53.6% in 2015–2019 to 51.1% in 2020–2024 (−2.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 51.1% (±7.9 points)
- Renting households
- 1,061 (±181)
- Median renter income
- $69,099 (±$17,715)
Who rents and who owns in Bay Harbor Islands
| Bay Harbor Islands | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 51.1% (±7.9 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 1,061 (±181) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 1,016 (±199) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 3.2 (±0.4) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.4) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $69,099 (±$17,715) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $145,500 (±$53,033) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In Bay Harbor Islands, the renter share is not measurably different from Miami-Dade County (47.8%).
It is also higher than in Florida (32.4%).
It is higher than the national figure (34.8%).
In Miami-Dade County, Bay Harbor Islands ranks 20 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 90 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Bay Harbor Islands has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 53.6% (±7.4 points) | 51.1% (±7.9 points) | −2.5 percentage points | Not a measurable change |
| Median gross rent | $1,774 (±$93) | $2,442 (±$309) | +37.7% | No measurable change after inflation |
| Median household income | $78,169 (±$8,880) | $89,663 (±$32,566) | +14.7% | 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 Bay Harbor Islands
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Bay Harbor Islands | — | 51.1% (±7.9 points) | — |
| Indian Creek | 0.7 mi | 40.0% (±49.0 points) | Not measurably different |
| Bal Harbour | 0.7 mi | 42.4% (±10.8 points) | Not measurably different |
| Surfside | 0.8 mi | 26.0% (±8.6 points) | Lower |
| North Miami | 2.4 mi | 56.5% (±2.7 points) | Not measurably different |
| North Bay Village | 2.9 mi | 57.6% (±7.5 points) | Not measurably different |
| Biscayne Park | 3.0 mi | 22.0% (±9.1 points) | Lower |
| Miami Shores | 3.1 mi | 12.5% (±4.2 points) | Lower |
| North Miami Beach | 3.5 mi | 47.8% (±3.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Surfside, FL (26.0%), Biscayne Park, FL (22.0%), Miami Shores, FL (12.5%).
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
| Rank | Place | Households that rent |
|---|---|---|
| 14 | Leisure City | 56.4% (±5.2 points) |
| 15 | Fountainebleau | 56.1% (±3.2 points) |
| 16 | Country Club | 54.3% (±3.2 points) |
| 17 | Doral | 53.5% (±2.8 points) |
| 18 | Hialeah | 53.4% (±1.4 points) |
| 19 | Homestead | 51.7% (±3.3 points) |
| 20 | Bay Harbor Islands | 51.1% (±7.9 points) |
| 21 | West Miami | 49.7% (±5.7 points) |
| 22 | North Miami Beach | 47.8% (±3.8 points) |
| 23 | Biscayne Gardens | 47.1% (±4.8 points) |
| 24 | Kendall West | 46.4% (±3.6 points) |
| 25 | West Perrine | 46.3% (±8.3 points) |
| 26 | Sunny Isles Beach | 45.8% (±4.2 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 Bay Harbor Islands
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Questions about Bay Harbor Islands
How many renters are there in Bay Harbor Islands?
Bay Harbor Islands has an estimated 1,061 (±181) renting households, 51.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Bay Harbor Islands?
In Bay Harbor Islands, the share of households that rent went from 53.6% in 2015–2019 to 51.1% in 2020–2024 (−2.5 percentage points), not a measurable change.
How big are renting households in Bay Harbor Islands?
A renting household in Bay Harbor Islands has 3.2 people on average, against 2.4 in an owned home.
How much do renters earn in Bay Harbor Islands?
The median renting household in Bay Harbor Islands, FL has an income of $69,099 (±$17,715) a year, against $145,500 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bay Harbor Islands town, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Bay Harbor Islands town, Florida (place:03975, 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.
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 .
Related
- Housing in Bay Harbor Islands at a glance
- Median rent in Bay Harbor Islands
- Rent by bedrooms in Bay Harbor Islands
- Rent burden in Bay Harbor Islands
- Income and affordability in Bay Harbor Islands
- Home values in Bay Harbor Islands
- Homeowner costs in Bay Harbor Islands
- Property taxes in Bay Harbor Islands
- Types of homes in Bay Harbor Islands
- Bedrooms in Bay Harbor Islands
- Age of homes in Bay Harbor Islands
- Heating fuel in Bay Harbor Islands
- Commute and cars in Bay Harbor Islands
- Crime reported to police in Bay Harbor Islands
- Population growth in Bay Harbor Islands
- How long people stay in Bay Harbor Islands
- Crowding and facilities in Bay Harbor Islands
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida