Neighborhood Profile

Bal Harbour

Fort Lauderdale, FL | Broward County
Scored premium profile
Best Neighborhoods USA Index
68.6
National rank: #1,628 of 14,967
Stability and Strength
74.7
Score
Value Opportunity
51.2
Score
Momentum
83.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Lauderdale, FL
CountyBroward County
National rank#1,628 of 14,967
State rank#51 of 1,145
City rank#6 of 79
County rank#6 of 160
National percentile89.1
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,809,078
Year-over-year home value change3.6%
Month-over-month home value change0.87%
Home value to income ratio12.51
Median household income$144,660
Bachelor's degree or higher68.9%
Civilian unemployment rate0.6%
Homeownership rate95.4%
Housing vacancy rate13.9%
Rent burden 30% or higher91.4%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Bal Harbour

What is the Best Neighborhoods USA ranking for Bal Harbour?

Bal Harbour is ranked #6 of 79 eligible neighborhoods in Fort Lauderdale; #51 of 1,145 eligible neighborhoods in FL; and #1,628 of 14,967 eligible neighborhoods in the United States.

Is Bal Harbour one of the best neighborhoods in Fort Lauderdale?

Bal Harbour has a Best Neighborhoods USA Index of 68.6 and a city ranking of #6 of 79 eligible neighborhoods in Fort Lauderdale.

How much are homes worth in Bal Harbour?

The current Zillow Home Value Index for Bal Harbour is approximately $1,809,078.

Are home values rising or falling in Bal Harbour?

Zillow neighborhood values changed 3.6% year over year and 0.87% month over month.

What is the Neighborhood Momentum Score for Bal Harbour?

Bal Harbour has a Neighborhood Momentum Score of 83.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Bal Harbour?

The NDS-derived neighborhood median household income is approximately $144,660.

How affordable is Bal Harbour relative to household income?

The current Zillow home-value-to-household-income ratio is 12.51. Price-to-income affordability is a major Value Opportunity input.

Is Bal Harbour primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 95.4%.

What is the unemployment rate in Bal Harbour?

The NDS-derived civilian unemployment rate is approximately 0.6%.

How educated are residents of Bal Harbour?

Approximately 68.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Bal Harbour face high rent burden?

Approximately 91.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Bal Harbour?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications48
Estimated originations25
Home-purchase applications23
Origination rate53.2%
Home-purchase share48.2%
Average application loan$511,193
Total application loan amount$24,378,248
National application rank#7,419 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.1% YoY; originations 9.1% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.