Overview 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 2,967 people and just one neighborhood, Bal Harbour is the 333rd largest community in Florida. 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 87.12% of the workforce employed in white-collar jobs, well above the national average. Overall, Bal Harbour is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Bal Harbour who work in management occupations (20.26%), healthcare (12.88%), and office and administrative support (11.51%). Also of interest is that Bal Harbour has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 20.66% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 a major vacation destination. Much of the village鈥檚 population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Bal Harbour鈥檚 population drops significantly, such that year-round residents will notice that the city is a much quieter place to live. Bal Harbour is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery. In Bal Harbour, however, the average commute to work is quite long. On average, people spend 34.16 minutes each day getting to work, which is significantly higher than the national average. Bal Harbour Demographics If knowledge is power, Bal Harbour is a pretty powerful place. 67.07% of the adults in Bal Harbour have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Bal Harbour in 2022 was $116,504, which is wealthy relative to Florida and the nation. This equates to an annual income of $466,016 for a family of four. However, Bal Harbour contains both very wealthy and poor people as well. Bal Harbour is an extremely ethnically-diverse village. The people who call Bal Harbour home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Bal Harbour residents report their race to be White, followed by Black or African-American. Bal Harbour also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 28.93% of the village鈥檚 residents. Important ancestries of people in Bal Harbour include Russian, European, Polish, German, and English. Foreign born people are also an important part of Bal Harbour's cultural character, accounting for 43.93% of the village鈥檚 population. The most common language spoken in Bal Harbour is English. Other important languages spoken here include Spanish and French.