Bal Harbour, Florida Unemployment

Bal Harbour, Florida has a population of 3,187, with a median household income of $150,000.

Current unemployment data for Bal Harbour.

3.50%

👥

Population

3,187

💰

Median Income

$150,000

📉

Unemployment

3.50%

🏠

Housing Price

$1,200,000

🚨

Crime Rate

18.00

🌐

Internet Speed

220.00 Mbps

Bal Harbour is a small local community located in Florida. The city has a population that is below the average city population in Florida, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Bal Harbour is a notable city in Florida, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Bal Harbour has a population of 3,187, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bal Harbour is $150,000, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Bal Harbour average around $1,200,000, which is relatively high compared to other cities in Florida.

Employment and Safety

The unemployment rate in Bal Harbour is 3.50%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Bal Harbour are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Florida, Bal Harbour shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Florida, Bal Harbour contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Bal Harbour

What is the population of Bal Harbour?

The population of Bal Harbour is approximately 3,187.

Is Bal Harbour a good place to live?

Bal Harbour offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bal Harbour?

The median household income in Bal Harbour is around $150,000.

How expensive is housing in Bal Harbour?

The average housing price in Bal Harbour is approximately $1,200,000.