Key West

Population: 25,824
Median household income: $78,532
Median home value: $816,300

Key West is a community in Monroe County, Florida, home to 25,824 residents. The median household income of $78,532 is below the Monroe County median ($82,430).

Between 2019 and 2023, Key West's population grew 3.9% from 24,843 to 25,824, while its median home value rose 33.5% from $611,400 to $816,300.

11.1% of residents live below the poverty line. Households average 2.21 people.

Demographics

ACS 2019–2023

Population: 25,824
Median age: 46.5 yrs
Median household income: $78,532
Median home value: $816,300
Median gross rent: $2,075
Housing units: 14,414
Homeownership rate: 47.4%
Bachelor's degree or higher: 41.2%
Unemployment rate: 2.0%

Trends

ACS 5-year · 2019–2023

Population

24,84325,824

Median household income

$69,630$78,532

Median home value

$611,400$816,300

Median gross rent

$1,816$2,075

Year	Population	Median household income	Median home value	Median gross rent
2019	24,843	$69,630	$611,400	$1,816
2020	24,495	$73,029	$686,700	$1,877
2021	26,776	$75,638	$728,500	$1,941
2022	26,078	$80,828	$814,200	$2,059
2023	25,824	$78,532	$816,300	$2,075

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

Age distribution

Under 54.5%

5 to 1710.3%

18 to 244.5%

25 to 3413.9%

35 to 4414.3%

45 to 5413.5%

55 to 6417.6%

65 to 7412.9%

75 and over8.4%

	Count	Share
Under 5	1,164	4.5%
5 to 17	2,667	10.3%
18 to 24	1,151	4.5%
25 to 34	3,596	13.9%
35 to 44	3,703	14.3%
45 to 54	3,492	13.5%
55 to 64	4,533	17.6%
65 to 74	3,337	12.9%
75 and over	2,181	8.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	15,250	59.1%
Black or African American	2,850	11.0%
American Indian & Alaska Native	2	0.0%
Asian	578	2.2%
Native Hawaiian & Pacific Islander	10	0.0%
Some other race	327	1.3%
Two or more races	794	3.1%
Hispanic or Latino (any race)	6,013	23.3%

Educational attainment (age 25+)

No high school diploma6.7%

High school graduate26.3%

Some college or associate's25.7%

Bachelor's degree24.3%

Graduate or professional degree16.9%

	Count	Share
No high school diploma	1,406	6.7%
High school graduate	5,489	26.3%
Some college or associate's	5,360	25.7%
Bachelor's degree	5,072	24.3%
Graduate or professional degree	3,515	16.9%

Commute to work

Mean travel time to work: 14 min

Drove alone57.4%

Carpooled7.0%

Public transit0.1%

Walked4.9%

Bicycle12.6%

Worked from home10.3%

Other means7.7%

How workers get to work

	Count	Share
Drove alone	8,590	57.4%
Carpooled	1,052	7.0%
Public transit	20	0.1%
Walked	731	4.9%
Bicycle	1,881	12.6%
Worked from home	1,535	10.3%
Other means	1,156	7.7%

Travel time

	Count	Share
Under 15 min	6,624	49.3%
15 to 29 min	5,985	44.6%
30 to 44 min	610	4.5%
45 to 59 min	37	0.3%
60+ min	174	1.3%

Households

Average household size: 2.21
Poverty rate: 11.1% (2,785 of 25,133)

	Count	Share
Family households	5,710	51.0%
Nonfamily households	5,478	49.0%

Housing

Median year structure built: 1967

Occupancy

	Count	Share
Occupied	11,188	77.6%
Vacant	3,226	22.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	5,304	47.4%
Renter-occupied	5,884	52.6%

1-unit, detached40.6%

1-unit, attached11.6%

2 to 4 units16.8%

5 to 19 units11.4%

20 or more units16.7%

Mobile home & other3.0%

Units in structure

	Count	Share
1-unit, detached	5,847	40.6%
1-unit, attached	1,666	11.6%
2 to 4 units	2,420	16.8%
5 to 19 units	1,645	11.4%
20 or more units	2,409	16.7%
Mobile home & other	427	3.0%

Geography

Place GEOID: 1236550
Type (LSAD): 25
Land area: 5.6 sq mi
Water area: 1.61 sq mi
Center point: 24.5651, -81.7755