Heritage Bay, FL
Population 752 · Florida
About Heritage Bay, FL
Heritage Bay is a small community located in Florida with a population of 752 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,972 per year, which is 41% above the national median of $75,149. The median age of 66.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Heritage Bay features a median home value of $558,800, which is 128% above the national median of $244,900. This places Heritage Bay in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,768 total housing units, 91% are owner-occupied (344 units) and 9% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Heritage Bay shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Heritage Bay have an average one-way commute time of 34 minutes.
Education & Demographics
48.9% of Heritage Bay residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 15.4% of the population being foreign-born.
Cost of Living in Heritage Bay, FL
Compared to national averages, Heritage Bay has a median household income of $105,972 (41% above the national median of $75,149). Home values average $558,800, which is 128% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Heritage Bay's income is 40% above the state average of $75,893, and home values are 58% above the state median of $353,675.
Why Live in Heritage Bay, FL?
Heritage Bay offers a strong local economy with a median household income of $105,972, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 48.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $558,800. However, Heritage Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Heritage Bay has a population of 752 with a median age of 66.7 years. Compare Heritage Bay with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Heritage Bay
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Melbourne Village | 753 | $93,846 | $348,600 | Compare |
| Duck Key | 755 | $135,000 | $989,900 | Compare |
| Cedar Key | 756 | $69,226 | $331,100 | Compare |
| Marco Shores-Hammock Bay | 746 | $80,795 | $526,500 | Compare |
| Fort Green Springs | 742 | $78,820 | $76,000 | Compare |
| Paisley | 762 | $64,291 | $182,300 | Compare |
| Gulf Stream | 766 | $196,806 | $2,000,001 | Compare |
| Ponce de Leon | 738 | $52,250 | $107,100 | 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 Heritage Bay With Other Cities
Frequently Asked Questions about Heritage Bay
What is the population of Heritage Bay, FL?
The population of Heritage Bay, FL is 752 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Florida.
What is the median household income in Heritage Bay?
The median household income in Heritage Bay, FL is $105,972 per year, which is 41% above the national median of $75,149.
What is the median home value in Heritage Bay?
The median home value in Heritage Bay, FL is $558,800, which is 128% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Heritage Bay?
The median monthly rent in Heritage Bay, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Heritage Bay?
The unemployment rate in Heritage Bay, FL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Heritage Bay, FL a good place to live?
Heritage Bay offers above-average incomes, a competitive housing market, and a strong job market. With a population of 752 and a median age of 66.7, the city appeals to established professionals and retirees.
How educated is Heritage Bay, FL?
48.9% of residents in Heritage Bay aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Heritage Bay?
Key cost-of-living indicators for Heritage Bay, FL: median home value is $558,800 (128% above national), median rent is $0/month, and median household income is $105,972. The home-value-to-income ratio is 5.3x, a moderate figure by national standards.
What is the poverty rate in Heritage Bay?
The poverty rate in Heritage Bay, FL is 7.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Heritage Bay, FL?
Heritage Bay's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 15.4% of residents are foreign-born.