North Bay Village 85 Exceptional
North Bay Village Livability #25 ranked city in Florida#482 ranked city in the USARanks better than 98% of areas

Pros and Cons of Living in North Bay Village

PROS
  • Commute

    An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Health & Safety

    Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

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What's it like Living in North Bay Village?

Located in the state of Florida, North Bay Village is a smaller city with a population of 8,108 inhabitants. With a population density of 21,930 people per square mile, North Bay Village is well above the nation's average density level. If we look at the most recent Census, North Bay Village is known to have a predominantly White population. The next two most common races are Black and Asian. Additionally, more than a quarter of the population of North Bay Village are of Hispanic or Latino origin, and 60% of the population also speak Spanish. In North Bay Village, only 46% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in North Bay Village offers up a higher than average one way commute time of 32 minutes.

Without the right tools, moving to any new town can be very stressful and challenging. Living in North Bay Village, Florida could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, cost of living, commute, health & safety, education, you can easily compare the best places to live in North Bay Village and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare North Bay Village to Florida and the national average.

The livability score in North Bay Village is 84/100 and the city is ranked in the 98th percentile of all cities across America. Compared to the United States average, North Bay Village ranks among some of the best places to live in the country! This city is also ranked in the top 10 percentile of all cities across the USA. Based on the grades for each individual category, North Bay Village has been rewarded with high marks for crime (A-), education (A-), employment (A-) and housing (A). There are some categories that North Bay Village does not rank well for, including: amenities (F) and cost of living (D-). It might be worth taking a closer look to figure out why.

Finding affordable real estate and housing in North Bay Village can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in North Bay Village. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in North Bay Village are affordable. Median real estate prices in North Bay Village come in at $325,000, which is 94.8% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In North Bay Village, the home price to income ratio is 4.7, which is 38.2% higher than the Florida average.

Best Places to Live in and Around North Bay Village

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Compare North Bay Village, FL Livability

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      North Bay Village transportation information

      Statistic North Bay Village Florida National
      Average one way commute32min27min26min
      Workers who drive to work61.3%79.5%76.4%
      Workers who carpool14.3%9.3%9.3%
      Workers who take public transit5.2%2.1%5.1%
      Workers who bicycle0.2%0.7%0.6%
      Workers who walk0.1%1.5%2.8%
      Working from home13.1%5.4%4.6%
      Source: The North Bay Village, FL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).