Key Colony Beach

Population: 525
Median household income: $94,531
Median home value: $834,800

Located in Monroe County, Florida, Key Colony Beach is a community with a population of 525. Its median household income of $94,531 runs above the Monroe County figure of $82,430.

Between 2019 and 2023, Key Colony Beach's population declined 1.7% from 534 to 525, while its median home value rose 38.4% from $603,000 to $834,800.

The median gross rent is $1,849. 47.6% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 525
Median age: 66.1 yrs
Median household income: $94,531
Median home value: $834,800
Median gross rent: $1,849
Housing units: 1,132
Homeownership rate: 69.7%
Bachelor's degree or higher: 47.6%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

534525

Median household income

$100,192$94,531

Median home value

$603,000$834,800

Median gross rent

$1,211$1,849

Year	Population	Median household income	Median home value	Median gross rent
2019	534	$100,192	$603,000	$1,211
2020	523	$91,899	$578,900	$1,234
2021	744	$94,485	$574,800	$1,491
2022	650	$103,096	$828,800	$1,797
2023	525	$94,531	$834,800	$1,849

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 50.0%

5 to 172.9%

18 to 240.0%

25 to 344.0%

35 to 444.6%

45 to 5418.3%

55 to 6415.2%

65 to 7423.2%

75 and over31.8%

	Count	Share
Under 5	0	0.0%
5 to 17	15	2.9%
18 to 24	0	0.0%
25 to 34	21	4.0%
35 to 44	24	4.6%
45 to 54	96	18.3%
55 to 64	80	15.2%
65 to 74	122	23.2%
75 and over	167	31.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	489	93.1%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	36	6.9%

Educational attainment (age 25+)

No high school diploma4.5%

High school graduate20.2%

Some college or associate's27.6%

Bachelor's degree33.9%

Graduate or professional degree13.7%

	Count	Share
No high school diploma	23	4.5%
High school graduate	103	20.2%
Some college or associate's	141	27.6%
Bachelor's degree	173	33.9%
Graduate or professional degree	70	13.7%

Commute to work

Mean travel time to work: 10 min

Drove alone63.9%

Carpooled0.0%

Public transit0.0%

Walked17.6%

Bicycle0.0%

Worked from home13.9%

Other means4.6%

How workers get to work

	Count	Share
Drove alone	138	63.9%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	38	17.6%
Bicycle	0	0.0%
Worked from home	30	13.9%
Other means	10	4.6%

Travel time

	Count	Share
Under 15 min	135	72.6%
15 to 29 min	44	23.7%
30 to 44 min	7	3.8%
45 to 59 min	0	0.0%
60+ min	0	0.0%

Households

Average household size: 1.71
Poverty rate: 5.1% (27 of 525)

	Count	Share
Family households	170	55.4%
Nonfamily households	137	44.6%

Housing

Median year structure built: 1982

Occupancy

	Count	Share
Occupied	307	27.1%
Vacant	825	72.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	214	69.7%
Renter-occupied	93	30.3%

1-unit, detached36.7%

1-unit, attached33.6%

2 to 4 units7.3%

5 to 19 units8.1%

20 or more units14.3%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	415	36.7%
1-unit, attached	380	33.6%
2 to 4 units	83	7.3%
5 to 19 units	92	8.1%
20 or more units	162	14.3%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1236325
Type (LSAD): 25
Land area: 0.44 sq mi
Water area: 0.21 sq mi
Center point: 24.7234, -81.0216