Bal Harbour is a very small coastal village (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 2,633 people and just one neighborhood, Bal Harbour is the 339th largest community in Florida.
Real Estate Prices
Bal Harbour home prices are not only among the most expensive in Florida, but Bal Harbour real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Bal Harbour is a decidedly white-collar village, with fully 97.45% of the workforce employed in white-collar jobs, well above the national average. Overall, Bal Harbour is a village of sales and office workers, managers and professionals. There are especially a lot of people living in Bal Harbour who work in sales jobs (33.71%), management occupations (25.15%) and art, media, and design (8.76%).
Of important note, Bal Harbour is also a village of artists. Bal Harbour has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Bal Harbour’s character.
A relatively large number of people in Bal Harbour telecommute to their jobs. Overall, about 14.05% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
Another notable thing is that Bal Harbour is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the village experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller village.
One of the nice things about Bal Harbour is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One downside of living in Bal Harbour, however, is that residents on average have to contend with a long commute, spending on average 33.09 minutes every day commuting to work.
As is often the case in a small village, Bal Harbour doesn't have a public transportation system that people use for their commute.