HomeFloridaMiami-Dade CountyBay Harbor Islands town
Bay Harbor Islands town, Florida: commercial real estate data.
Bay Harbor Islands town is a Census town of 5,847 people across 0.40 square miles of land, in Miami-Dade County. Median household income is $89,663, 48.9 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $4.7 m.
71 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Bay Harbor Islands
What Bay Harbor Islands is
- Census place typetown
- Land area0.4 sq mi
- Water area0.02 sq mi
- Population per square mile of land14,751
- County holding the largest share of its areaMiami-Dade County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bay Harbor Islands
How many people live in Bay Harbor Islands
- Population5,847
- Median age35.9
- Population under 181,819 plus or minus 485
- Share under 1831.1 percent plus or minus 8.3
- Population 65 and over915 plus or minus 245
- Share 65 and over15.6 percent plus or minus 4.2
- Households2,077
- Family households1,461
- Share of households that are families70.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bay Harbor Islands
Income and work in Bay Harbor Islands
- Median household income$89,663 plus or minus $32,566
- Per capita income$55,191 plus or minus $12,938
- Civilian labor force2,812
- Employed2,722
- Unemployed90 plus or minus 67
- Unemployment rate3.2 percent plus or minus 2.4
- Adults 25 and over3,588
- Adults 25 and over with a high school diploma or higher98.2 percent
- Adults 25 and over with a bachelor degree or higher56.5 percent
- Adults 25 and over with a graduate degree27.5 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bay Harbor Islands
Housing in Bay Harbor Islands
- Housing units2,581
- Occupied units2,077
- Vacant units504 plus or minus 224
- Vacancy rate19.5 percent plus or minus 8.4
- Owner occupied1,016
- Renter occupied1,061
- Ownership rate48.9 percent
- Median owner-occupied home value$653,500
- Median gross rent, monthly$2,442
- Annual rent as a share of median income32.7 percent plus or minus 12.6
- Single family units369 plus or minus 108
- Share single family14.3 percent plus or minus 3.9
- Units in buildings of two or more2,212
- Share in buildings of two or more85.7 percent
- Mobile homes0
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bay Harbor Islands
How Bay Harbor Islands gets to work
- Workers 16 and over who commute1,868 plus or minus 377
- Commuting under 15 minutes489 plus or minus 230
- Share commuting under 15 minutes26.2 percent plus or minus 11.1
- Commuting 30 minutes or more1,057 plus or minus 368
- Share commuting 30 minutes or more56.6 percent plus or minus 16.0
- Drove alone53.8 percent
- Carpooled3.3 percent plus or minus 2.4
- Public transport1.9 percent plus or minus 3.0
- Walked3.2 percent plus or minus 3.9
- Worked from home30.5 percent plus or minus 8.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bay Harbor Islands
SBA loans in Bay Harbor Islands (7(a))
- Approvals12
- Gross approval$4,749,000
- Average approval$395,750
- Median approval$140,000
- Ninetieth percentile approval$250,000
- Largest approval$3,445,500
- Jobs supported117
- Jobs per approval9.8
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS9
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bay Harbor Islands
Flood risk in Bay Harbor Islands
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 9
- NFIP community number120637
- Currently effective map date09/11/09
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Miami-Dade County, not Bay Harbor Islands
Miami-Dade County context, not Bay Harbor Islands figures
These are Miami-Dade County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Bay Harbor Islands measurements.
- Establishments in Miami-Dade County98,394
- Employment at those establishments, Miami-Dade County1,055,440
- Covered employment, Miami-Dade County1,257,569
- Average annual pay, Miami-Dade County$77,609
- Average weekly wage, Miami-Dade County$1,492
- Housing units permitted, Miami-Dade County10,608
- Of those, single family, Miami-Dade County2,231
- County product, 2024, Miami-Dade County$260,837,199,000
- County product change over the prior year, Miami-Dade County6.6 percent
- Average income of an arriving household, Miami-Dade County$175,619
Every figure in this section is published for Miami-Dade County as a whole and is not a measurement of Bay Harbor Islands. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Bay Harbor Islands questions, answered from the record.
How many people live in Bay Harbor Islands, Florida?
5,847, in 2,077 households. Bay Harbor Islands town covers 0.40 square miles of land, which is 14,751 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bay Harbor Islands in?
Miami-Dade County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Bay Harbor Islands?
$89,663. The median owner-occupied home is valued at $653,500. Median gross rent is $2,442 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bay Harbor Islands businesses?
12 7(a) approvals totalling $4.7 m, across 6 lenders, median approval $140,000. These count approvals to borrowers whose address is in Bay Harbor Islands, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bay Harbor Islands borrowers get paid back?
No rate is published for Bay Harbor Islands. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Bay Harbor Islands in the National Flood Insurance Program?
Yes. Bay Harbor Islands appears in the FEMA Community Status Book as community 120637, carrying Community Rating System class 9, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Bay Harbor Islands figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Miami-Dade County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Bay Harbor Islands.
Is zoning published for Bay Harbor Islands?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.