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The total population of Bal Harbour is estimated to be 3,035 with 1,590 males (52.39%) and 1,445 females (47.61%). There are 145 less females than males in Bal Harbour.
The median household income in Bal Harbour was $88,012 in 2021, which marked an an increase of 754(0.86%) from $87,258 in 2020. This income is 117.97% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Bal Harbour sees its highest median household income among householders in the age group of 45 to 64 years old, at $115,241. Overall, the median household income for the village of Bal Harbour stands at $88,012.
In Bal Harbour, while the Census reported a median income of $57,460 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $146,029 for males and $59,153 for females.
In Bal Harbour, there are just two different racial groups among households. Among these, White households report a median household income of $102,730, while Two or More Races households have a median household income of $67,050.
In 2022, the population of Bal Harbour was 2,981, a 1.13% decrease year-by-year from 2021. Previously, in 2021, Bal Harbour's population was 3,015, a decline of 1.95% compared to a population of 3,075 in 2020.
The median age in Bal Harbour, FL is 53.6, as per 2021 ACS 5-Year Estimates. Of the total population, 12.84% were under the age of 15, 13.20% aged 15 to 29, 37.90% aged 30 to 64, 25.32% aged 65 to 84, and 10.73% were 85 years of age and older.
Racial distribution of Bal Harbour population: 81.03% are White, 1.75% are Black or African American, 5.43% are some other race and 11.79% are multiracial.