Cutler Bay, FL
Population 44,483 · Florida
About Cutler Bay, FL
Cutler Bay is a mid-sized city located in Florida with a population of 44,483 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,155 per year, which is 9% above the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cutler Bay features a median home value of $420,800, which is 72% above the national median of $244,900. This places Cutler Bay in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,893, 63% above the national average of $1,163/month. Of the 15,138 total housing units, 70% are owner-occupied (10,113 units) and 30% are renter-occupied (4,422 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cutler Bay shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 10.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cutler Bay have an average one-way commute time of 40 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
32.2% of Cutler Bay residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.2% White, 1.1% Hispanic or Latino, 5.6% Black or African American, and 23.5% Asian residents, with 42.0% of the population being foreign-born.
Cost of Living in Cutler Bay, FL
Compared to national averages, Cutler Bay has a median household income of $82,155 (9% above the national median of $75,149). Home values average $420,800, which is 72% above the national median. Monthly rent at $1,893 is 63% above the US average of $1,163. Within Florida, Cutler Bay's income is 8% above the state average of $75,893, and home values are 19% above the state median of $353,675.
Why Live in Cutler Bay, FL?
Cutler Bay offers a strong local economy with a median household income of $82,155, well above the national average, and a low poverty rate of 10.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $420,800. However, Cutler Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cutler Bay has a population of 44,483 with a median age of 40.5 years. Compare Cutler Bay with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Cutler Bay
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Lauderdale | 44,650 | $63,423 | $270,600 | Compare |
| North Fort Myers | 44,189 | $55,696 | $137,700 | Compare |
| Oakland Park | 44,015 | $68,424 | $352,600 | Compare |
| Clermont | 44,984 | $79,789 | $368,600 | Compare |
| Greenacres | 43,871 | $62,917 | $244,700 | Compare |
| Ormond Beach | 43,514 | $67,482 | $320,300 | Compare |
| Altamonte Springs | 45,657 | $64,106 | $263,600 | Compare |
| North Miami Beach | 43,104 | $57,633 | $317,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cutler Bay With Other Cities
Frequently Asked Questions about Cutler Bay
What is the population of Cutler Bay, FL?
The population of Cutler Bay, FL is 44,483 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Cutler Bay?
The median household income in Cutler Bay, FL is $82,155 per year, which is 9% above the national median of $75,149.
What is the median home value in Cutler Bay?
The median home value in Cutler Bay, FL is $420,800, which is 72% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cutler Bay?
The median monthly rent in Cutler Bay, FL is $1,893, which is 63% above the national average of $1,163/month.
What is the unemployment rate in Cutler Bay?
The unemployment rate in Cutler Bay, FL is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cutler Bay, FL a good place to live?
Cutler Bay offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 44,483 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Cutler Bay, FL?
32.2% of residents in Cutler Bay aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cutler Bay?
Key cost-of-living indicators for Cutler Bay, FL: median home value is $420,800 (72% above national), median rent is $1,893/month, and median household income is $82,155. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Cutler Bay?
The poverty rate in Cutler Bay, FL is 10.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cutler Bay, FL?
Cutler Bay's population is 1.2% White, 1.1% Hispanic or Latino, 5.6% Black or African American, 23.5% Asian, and 9.1% two or more races. 42.0% of residents are foreign-born.