Bay Harbor Islands has the 3272nd largest population in the United States. The population grew by 7.2% from 2010 to 2015, which was faster than the national average. Bay Harbor Islands is part of the Miami metro area. Unemployment in the Miami area is 4%, which is higher than the national average, and is getting better. Miami has the 12th largest local economy in the US, and a high cost of living. The average pay for jobs in Bay Harbor Islands is below average at $45,130, and the median cost of a home in Bay Harbor Islands is $230,900, which is above the national average. 48% of workers in Bay Harbor Islands hold a bachelors degree or higher (above average), and 91% of workers have a high school degree (above average). Driving to work is especially common in Bay Harbor Islands. 76% of Bay Harbor Islands workers drive to work alone, 5% take public transit, 9% carpool, and 8% walk. People in Bay Harbor Islands spend an average of 29 minutes commuting to work, which is longer than the national average of 26 minutes.