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The total population of North Bay Village is estimated to be 8,024 with 4,031 males (50.24%) and 3,993 females (49.76%). There are 38 less females than males in North Bay Village.
The median household income in North Bay Village was $71,186 in 2021, which marked an a decrease of 7,272(9.27%) from $78,458 in 2020. This income is 95.42% 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, North Bay Village sees its highest median household income among householders in the age group of 45 to 64 years old, at $80,932. Overall, the median household income for the city of North Bay Village stands at $71,186.
In North Bay Village, the median income for all workers aged 15 years and older, regardless of work hours, was $42,617 for males and $29,901 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,134 for males and $42,250 for females.
In North Bay Village, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $87,329, while Asian households represent the opposite end with the lowest median household income of $55,103.
In 2022, the population of North Bay Village was 7,884, a 1.03% decrease year-by-year from 2021. Previously, in 2021, North Bay Village's population was 7,966, a decline of 1.87% compared to a population of 8,118 in 2020.
The median age in North Bay Village, FL is 40.7, as per 2021 ACS 5-Year Estimates. Of the total population, 12.93% were under the age of 15, 19.67% aged 15 to 29, 58.11% aged 30 to 64, 8.55% aged 65 to 84, and 0.73% were 85 years of age and older.
Racial distribution of North Bay Village population: 57.14% are White, 3.57% are Black or African American, 3.14% are Asian, 14.35% are some other race and 21.79% are multiracial.