heroku db:pull
However that gets real slow real quick so I had to use PG Backups addon instead
# Install heroku addon
heroku addons:add pgbackups
# Capture latest db snapshot on heroku
heroku pgbackups:capture
# Get download url and enter it in browser with a heroku login session
heroku pgbackups:url {latest_backup_name}
# Restore pg dump into local PostgreSQL database
pg_restore -d {db_name} ~/Downloads/{latest_backup_name}.dump