Bal Harbour, FL

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Population

2,959

1.44% growth

Median Age

56.3


Median Household Income

$70,641

41.7% growth

Poverty Rate

17.1%


Number of Employees

1,179

4.69% decline

Median Property Value

$755,500

17.7% growth

About

In 2017, Bal Harbour, FL had a population of 2.96k people with a median age of 56.3 and a median household income of $70,641. Between 2016 and 2017 the population of Bal Harbour, FL grew from 2,917 to 2,959, a 1.44% increase and its median household income grew from $49,869 to $70,641, a 41.7% increase.

The population of Bal Harbour, FL is 53.9% White Alone, 39.9% Hispanic or Latino, and 3.14% Asian Alone. N/A% of the people in Bal Harbour, FL speak a non-English language, and 82.1% are U.S. citizens.

The median property value in Bal Harbour, FL is $755,500, and the homeownership rate is 64.2%. Most people in Bal Harbour, FL commute by Drove Alone, and the average commute time is 21.6 minutes. The average car ownership in Bal Harbour, FL is 2 cars per household.

Economy

The economy of Bal Harbour, FL employs 1.18k people. The largest industries in Bal Harbour, FL are Health Care & Social Assistance (172 people), Retail Trade (142 people), and Real Estate & Rental & Leasing (117 people), and the highest paying industries are Professional, Scientific, & Technical Services ($228,000), Manufacturing ($103,558), and Retail Trade ($100,167).

Median household income in Bal Harbour, FL is $70,641. Males in Bal Harbour, FL have an average income that is 1.34 times higher than the average income of females, which is $44,078. The income inequality in Bal Harbour, FL (measured using the Gini index) is 0.473, which is lower than than the national average.

Wages

Median Household Income

$70,641

2017 value

± $35,287

41.7%

1 Year Growth

± 51.1%

Households in Bal Harbour, FL have a median annual income of $70,641, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $49,869 in 2016, which represents a 41.7% annual growth.

Look at the chart to see how the median household income in Bal Harbour, FL compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

$58,931

Average Male Salary

± $842

$44,078

Average Female Salary

± $574

In 2017, full-time male employees in Florida made 1.34 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Florida by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $54,227 ± $3,227

  2. Alaska Native

    $50,175 ± $47,169

  3. White

    $47,927 ± $556

In 2017 the highest paid race/ethnicity of Florida workers was Asian. These workers were paid 1.08 times more than Alaska Native workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Florida by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Bal Harbour, FL is from Florida.

0.473

2017 Wage GINI

0.471

2016 Wage GINI

In 2017, the income inequality in Florida was 0.473 according to the GINI calculation of the wage distribution. Income inequality had a 0.259% growth from 2016 to 2017, which means that wage distribution grew somewhat less even.

The 2017 the GINI for Florida was lower than than the national average of 0.479. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 38.03

  2. N/A

  3. N/A

In 2017, the place with the highest Median Household Income (Total) in Bal Harbour, FL was Census Tract 38.03 with a value of $70,641, followed by N/A and N/A, with respective values of N/A and N/A.

The following map shows all of the places in Bal Harbour, FL colored by their Median Household Income (Total).

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Poverty by Age and Gender

Females 75+

Largest Demographic Living in Poverty

17.1% of the population for whom poverty status is determined in Bal Harbour, FL (507 out of 2.96k people) live below the poverty line, a number that is higher than the national average of 13.1%. The largest demographic living in poverty are Females 75+, followed by Males 18 - 24 and then Males 55 - 64.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    507 ± 204

  2. Hispanic

    300 ± 176

  3. Black

    0 ± 66

The most common racial or ethnic group living below the poverty line in Bal Harbour, FL is White, followed by Hispanic and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Occupations

Employment by Occupations

1.18k

2017 Value

± 271

-4.69%

1 Year decline

± 32.6%

From 2016 to 2017, employment in Bal Harbour, FL declined at a rate of -4.69%, from 1.24k employees to 1.18k employees.

The most common job groups, by number of people living in Bal Harbour, FL, are Sales & Related Occupations (278 people), Management Occupations (248 people), and Office & Administrative Support Occupations (99 people). This chart illustrates the share breakdown of the primary jobs held by residents of Bal Harbour, FL.

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Most Common

The most common jobs held by residents of Bal Harbour, FL, by number of employees, are Sales & Related Occupations (278 people), Management Occupations (248 people), and Office & Administrative Support Occupations (99 people).

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Most Specialized

Compared to other places, Bal Harbour, FL has an unusually high number of residents working as Legal Occupations (3.24 times higher than expected), Arts, Design, Entertainment, Sports, & Media Occupations (2.62 times), and Health Technologists & Technicians (2.48 times).

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Highest Paid

The highest paid jobs held by residents of Bal Harbour, FL, by median earnings, are Management Occupations ($90,294), Health Diagnosing & Treating Practitioners & Other Technical Occupations ($82,262), and Healthcare Practitioners & Technical Occupations ($81,339).

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Industries

Employment by Industries

1.18k

2017 Value

± 271

-4.69%

1 Year decline

± 32.6%

From 2016 to 2017, employment in Bal Harbour, FL declined at a rate of -4.69%, from 1.24k employees to 1.18k employees.

The most common employment sectors for those who live in Bal Harbour, FL, are Health Care & Social Assistance (172 people), Retail Trade (142 people), and Real Estate & Rental & Leasing (117 people). This chart shows the share breakdown of the primary industries for residents of Bal Harbour, FL, though some of these residents may live in Bal Harbour, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

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Most Common

The most common industries in Bal Harbour, FL, by number of employees, are Health Care & Social Assistance (172 people), Retail Trade (142 people), and Real Estate & Rental & Leasing (117 people).

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Most Specialized

Compared to other places, Bal Harbour, FL has an unusually high number of Real Estate & Rental & Leasing (5.09 times higher than expected), Agriculture, Forestry, Fishing & Hunting (4.45 times), and Wholesale Trade (3.03 times) industries.

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Highest Paying

The highest paying industries in Bal Harbour, FL, by median earnings, are Professional, Scientific, & Technical Services ($228,000), Manufacturing ($103,558), and Retail Trade ($100,167).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Florida to other states, or from other states to Florida.

Top Domestic Production in Dollars

  1. $63.5B

  2. $51.6B

  3. $41.8B

In 2015, the top outbound Florida product (by dollars) was Mixed freight with $63.5B, followed by Pharmaceuticals ($51.6B) and Electronics ($41.8B).

The following chart shows the share of these products in relation to all outbound Florida products.

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Domestic Trade Growth

Showing data for Florida state.

$497B

2020 Value

$714B

Projected 2045 Value

43.6% growth

In 2020, total outbound Florida trade was $497B. This is expected to increase 43.6% to $714B by 2045.

The following chart shows how the domestic outbound Florida trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Florida to other states, or from other states to Florida.

Most Common Trade Partners

  1. $19.5B

  2. $16.6B

  3. $11.5B

In 2015, the top outbound Florida domestic partner for goods and services (by dollars) was Georgia with $19.5B, followed by Texas with $16.6B and California and $11.5B.

The following map shows the amount of trade that Florida shares with each state (excluding itself).

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Health

89.6% of the population of Bal Harbour, FL has health coverage, with 41% on employee plans, 4.7% on Medicaid, 27.9% on Medicare, 16% on non-group plans, and 0% on military or VA plans.

Per capita personal health care spending in the place of Bal Harbour, FL was $8,076 in 2014. This is a 5.05% increase from the previous year ($7,688).

Primary care physicians in Bal Harbour, FL see 1376 patients per year on average, which represents a 0.218% decrease from the previous year (1379 patients). Compare this to dentists who see 1735 patients per year, and mental health providers who see 703 patients per year.

Comparing across all counties in the state, Gadsden County has the highest prevalence of diabetes (16.9%). Additionally, Liberty County has the highest prevalence of adult obesity (39.6%)

Patient to Clinician Ratios

Data is only available at the state level. Showing data for Florida.

1,376 to 1

Patient to Primary Care Physician Ratio

Primary care physicians in Florida see an average of 1,376 patients per year. This represents a 0.218% decrease from the previous year (1,379 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Florida in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

Data is only available at the state level. Showing data for Florida.

$8,076

Total Per Capita Spending on Personal Health Care 

$4,606

Per Enrollee Private Health Insurance Spending on Personal Health Care

$5,175

Per Enrollee Medicaid Spending on Personal Health Care

$12,229

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Florida (including private, Medicare, and Medicaid) grew 5.05%, from $7,688 to $8,076.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

10.4%

Uninsured

41%

Employer Coverage

4.7%

Medicaid

27.9%

Medicare

16%

Non-Group

0%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Bal Harbour, FL declined by 3.91% from 10.9% to 10.4%.

The following chart shows how the percent of uninsured individuals in Bal Harbour, FL changed over time compared with the percent of individuals enrolled in various types of health insurance.

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Health Risks

Data available at the county level.

Most at risk counties

  1. 16.9% prevalence

  2. 15.8% prevalence

  3. 15.5% prevalence

Gadsden County has the highest prevalence of diabetes in Florida, at 16.9%.

The following map shows the prevalence of diabetes in Florida by county over multiple years.

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Diversity

Bal Harbour, FL is home to a population of 2.96k people, from which 82.1% are citizens. As of 2017, 49.8% of Bal Harbour, FL residents were born outside of the country (1.48k people).

The ethnic composition of the population of Bal Harbour, FL is composed of 1.59k White Alone residents (53.9%), 1.18k Hispanic or Latino residents (39.9%), 93 Asian Alone residents (3.14%), 47 Black or African American Alone residents (1.59%), 28 American Indian & Alaska Native Alone residents (0.946%), 17 Two or More Races residents (0.575%), 0 Native Hawaiian & Other Pacific Islander Alone residents (0%), and 0 Some Other Race Alone residents (0%).

Age

Age by Nativity

36

Median Native-Born Age

± 4.8

63

Median Foreign-Born Age

± 8

In 2017, the median age of all people in Bal Harbour, FL was 56.3. Native-born citizens, with a median age of 36, were generally younger than than foreign-born citizens, with a median age of 63. But people in Bal Harbour, FL are getting getting older. In 2016, the average age of all Bal Harbour, FL residents was 53.

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Heritage

Foreign-Born Population

49.8%

2017 Foreign-Born Population

1.48k people

45.1%

2016 Foreign-Born Population

1.32k people

As of 2017, 49.8% of Bal Harbour, FL residents (1.48k people) were born outside of the United States, which is higher than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Bal Harbour, FL was 45.1%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Bal Harbour, FL compared to that of it's neighboring and parent geographies.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Most Common Origin

  1. Cuba

    951,787 ± 23,383 people

  2. Haiti

    321,904 ± 13,819 people

  3. Mexico

    272,262 ± 12,724 people

In 2017, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 951,787 Florida residents, followed by Haiti with 321,904 and Mexico with 272,262.

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Citizenship

82.1%

2017 Citizenship

86.3%

2016 Citizenship

As of 2017, 82.1% of Bal Harbour, FL residents were US citizens, which is lower than the national average of 93.2%. In 2016, the percentage of US citizens in Bal Harbour, FL was 86.3%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Bal Harbour, FL compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

Most Common

  1. White Alone

    1.59k ± 303

  2. Hispanic or Latino

    1.18k ± 339

  3. Asian Alone

    93 ± 82

In 2017, there were 1.35 times more White Alone residents (1.59k people) in Bal Harbour, FL than any other race or ethnicity. There were 1.18k Hispanic or Latino and 93 Asian Alone residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Bal Harbour, FL as a share of the total population.

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Military

Veterans

Most Common Service Period

  1. World War II

    30 ± 49

  2. Gulf War (2001-)

    18 ± 39

  3. Vietnam

    18 ± 32

Bal Harbour, FL has a large population of military personnel who served in World War II, 1.67 times greater than any other conflict.

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Housing & Living

The median property value in Bal Harbour, FL was $755,500 in 2017, which is 3.29 times larger than the national average of $229,700. Between 2016 and 2017 the median property value increased from $641,900 to $755,500, a 17.7% increase. The homeownership rate in Bal Harbour, FL is 64.2%, which is higher than the national average of 63.9%. People in Bal Harbour, FL have an average commute time of 21.6 minutes, and they commute by Drove Alone. Car ownership in Bal Harbour, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property Value

$755,500

2017 Median

± $235,455

$641,900

2016 Median

± $165,141

In 2017, the median property value in Bal Harbour, FL grew to to $755,500 from the previous year's value of $641,900.

The following charts display, first, the property values in Bal Harbour, FL compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Bal Harbour, FL the largest share of households have a property value in the $2M+ range.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$70,641

Median Household Income

± $35,287

1.46k

Number of Households

± 278

In 2017, the median household income of the 1.46k households in Bal Harbour, FL grew to $70,641 from the previous year's value of $49,869.

The following chart displays the households in Bal Harbour, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Bal Harbour, FL distributed between a series of property tax buckets compared to the national averages for each bucket. In Bal Harbour, FL the largest share of households pay taxes in the $3k+ range.

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Rent vs Own

64.2%

2017 Homeownership

61.6%

2016 Homeownership

In 2017, 64.2% of the housing units in Bal Harbour, FL were occupied by their owner. This percentage grew from the previous year's rate of 61.6%.

This percentage of owner-occupation is higher than the national average of 63.9%. This chart shows the ownership percentage in Bal Harbour, FL compared it's parent and neighboring geographies.

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Commute Time

21.6 minutes

Average Travel Time

Using averages, employees in Bal Harbour, FL have a shorter commute time (21.6 minutes) than the normal US worker (25.1 minutes). Additionally, 1.07% of the workforce in Bal Harbour, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Bal Harbour, FL compares to that of it's neighboring and parent geographies.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    63.5%

  2. Worked At Home

    19.8%

  3. Walked

    10.9%

In 2017, the most common method of travel for workers in Bal Harbour, FL was Drove Alone (63.5%), followed by those who Worked At Home (19.8%) and those who Walked (10.9%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Transportation

Car Ownership

2 cars

Average Number

The following chart displays the households in Bal Harbour, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Bal Harbour, FL have 2 cars, followed by 1 car.

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