What percentage of people rent in North Bay Village, FL?

57.6% (±7.5 points) of the occupied homes in North Bay Village, FL are rented (2020–2024 American Community Survey).

That is 2,057 renting households against 1,512 that own their home.

In North Bay Village, the share of households that rent went from 68.2% in 2015–2019 to 57.6% in 2020–2024 (−10.6 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
57.6% (±7.5 points)
Renting households
2,057 (±282)
Median renter income
$71,193 (±$25,072)

Who rents and who owns in North Bay Village

Tenure, estimate (90% margin of error)
North Bay VillageMiami-Dade CountyFloridaUnited States
Renter-occupied share57.6% (±7.5 points)47.8% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households2,057 (±282)465,971 (±5,269)2,834,163 (±17,461)45,017,354
Owning households1,512 (±308)509,440 (±5,300)5,918,647 (±31,594)84,210,142
Average renter household size2.2 (±0.3)2.6 (±0.0)2.5 (±0.0)2.3
Average owner household size2.3 (±0.2)2.9 (±0.0)2.5 (±0.0)2.6
Median renter household income$71,193 (±$25,072)$53,660 (±$1,055)$53,617 (±$353)$52,966
Median owner household income$116,953 (±$23,422)$94,956 (±$1,395)$88,144 (±$469)$100,009

In North Bay Village, the renter share is higher than in 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, North Bay Village ranks 11 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 48 of 857.

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

How renting in North Bay Village has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent68.2% (±5.0 points)57.6% (±7.5 points)−10.6 percentage pointsMeasurable decrease
Median gross rent$1,764 (±$71)$2,157 (±$107)+22.3%No measurable change after inflation
Median household income$62,396 (±$6,982)$84,405 (±$18,135)+35.3%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 North Bay Village

Nearest places with a published estimate, compared with North Bay Village
PlaceDistanceHouseholds that rentCompared with this place
North Bay Village—57.6% (±7.5 points)—
Miami Shores2.1 mi12.5% (±4.2 points)Lower
Indian Creek2.2 mi40.0% (±49.0 points)Not measurably different
Surfside2.6 mi26.0% (±8.6 points)Lower
Miami Beach2.7 mi59.1% (±2.0 points)Not measurably different
El Portal2.8 mi8.8% (±6.1 points)Lower
Bay Harbor Islands2.9 mi51.1% (±7.9 points)Not measurably different
Biscayne Park2.9 mi22.0% (±9.1 points)Lower
Bal Harbour3.5 mi42.4% (±10.8 points)Lower

Nearby places with a measurably lower figure: Miami Shores, FL (12.5%), Surfside, FL (26.0%), El Portal, FL (8.8%).

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
5Florida City68.8% (±6.4 points)
6Gladeview65.3% (±6.0 points)
7Brownsville64.3% (±5.8 points)
8Pinewood59.6% (±5.9 points)
9Miami Beach59.1% (±2.0 points)
10Sweetwater57.9% (±3.8 points)
11North Bay Village57.6% (±7.5 points)
12 (tie)Glenvar Heights56.5% (±5.2 points)
12 (tie)North Miami56.5% (±2.7 points)
14Leisure City56.4% (±5.2 points)
15Fountainebleau56.1% (±3.2 points)
16Country Club54.3% (±3.2 points)
17Doral53.5% (±2.8 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 North Bay Village

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Questions about North Bay Village

How many renters are there in North Bay Village?

North Bay Village has an estimated 2,057 (±282) renting households, 57.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in North Bay Village?

In North Bay Village, the share of households that rent went from 68.2% in 2015–2019 to 57.6% in 2020–2024 (−10.6 percentage points), a measurable decrease.

How big are renting households in North Bay Village?

A renting household in North Bay Village has 2.2 people on average, against 2.3 in an owned home.

How much do renters earn in North Bay Village?

The median renting household in North Bay Village, FL has an income of $71,193 (±$25,072) a year, against $116,953 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 North Bay Village city, Florida (place:49225, 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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