Last updated: 2024 BLS data · Page refreshed:
Cutler Bay has a population of 45,070 with a median age of 41.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 45,070 |
| Median Age | 41.8 |
| White | 34.9% |
| Black or African American | 9.4% |
| Asian | 1.6% |
| Hispanic or Latino | 64.0% |
The median household income in Cutler Bay is $89,244, which is 10.7% above the national median of $80,610. The per capita income is $36,834. The poverty rate is 9.7%.
The unemployment rate in Cutler Bay is 2.3%, compared to the national rate of 4.1%.
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In Cutler Bay, 87.8% of residents age 25+ have a high school diploma or higher, and 34.0% hold a bachelor's degree or higher (11.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.8% |
| Bachelor's Degree or Higher | 34.0% |
| Graduate or Professional Degree | 11.7% |
The median home value in Cutler Bay is $472,700, above the national median of $303,400. The median monthly rent is $1,978. The homeownership rate is 69.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $472,700 |
| Median Monthly Rent | $1,978 |
| Homeownership Rate | 69.7% |
| Vacancy Rate | 4.0% |
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