Cudjoe Key, FL
Population 2,478 · Florida
About Cudjoe Key, FL
Cudjoe Key is a small town located in Florida with a population of 2,478 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,890 per year, which is 13% above the national median of $75,149. The median age of 54.7 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 Cudjoe Key features a median home value of $707,700, which is 189% above the national median of $244,900. This places Cudjoe Key in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,875, 61% above the national average of $1,163/month. Of the 1,686 total housing units, 76% are owner-occupied (800 units) and 24% are renter-occupied (253 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cudjoe Key shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cudjoe Key have an average one-way commute time of 29 minutes.
Education & Demographics
37.5% of Cudjoe Key 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 0.5% White, 4.2% Hispanic or Latino, 0.1% Black or African American, and 3.2% Asian residents, with 10.9% of the population being foreign-born.
Cost of Living in Cudjoe Key, FL
Compared to national averages, Cudjoe Key has a median household income of $84,890 (13% above the national median of $75,149). Home values average $707,700, which is 189% above the national median. Monthly rent at $1,875 is 61% above the US average of $1,163. Within Florida, Cudjoe Key's income is 12% above the state average of $75,893, and home values are 100% above the state median of $353,675.
Why Live in Cudjoe Key, FL?
Cudjoe Key offers a strong local economy with a median household income of $84,890, well above the national average, and a well-educated community where 37.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $707,700. However, Cudjoe Key’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cudjoe Key has a population of 2,478 with a median age of 54.7 years. Compare Cudjoe Key with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Cudjoe Key
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Zellwood | 2,484 | $61,875 | $157,600 | Compare |
| Berkshire Lakes | 2,493 | $74,250 | $323,300 | Compare |
| Pelican Marsh | 2,513 | $136,141 | $1,087,800 | Compare |
| Hernando Beach | 2,518 | $86,585 | $458,300 | Compare |
| Lake Placid | 2,438 | $45,476 | $253,200 | Compare |
| Dunnellon | 2,434 | $40,707 | $179,800 | Compare |
| St. Leo | 2,523 | $83,603 | $442,900 | Compare |
| Lake Belvedere Estates | 2,532 | $76,125 | $378,700 | 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 Cudjoe Key With Other Cities
Frequently Asked Questions about Cudjoe Key
What is the population of Cudjoe Key, FL?
The population of Cudjoe Key, FL is 2,478 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Cudjoe Key?
The median household income in Cudjoe Key, FL is $84,890 per year, which is 13% above the national median of $75,149.
What is the median home value in Cudjoe Key?
The median home value in Cudjoe Key, FL is $707,700, which is 189% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cudjoe Key?
The median monthly rent in Cudjoe Key, FL is $1,875, which is 61% above the national average of $1,163/month.
What is the unemployment rate in Cudjoe Key?
The unemployment rate in Cudjoe Key, FL is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cudjoe Key, FL a good place to live?
Cudjoe Key offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,478 and a median age of 54.7, the city appeals to established professionals and retirees.
How educated is Cudjoe Key, FL?
37.5% of residents in Cudjoe Key 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 Cudjoe Key?
Key cost-of-living indicators for Cudjoe Key, FL: median home value is $707,700 (189% above national), median rent is $1,875/month, and median household income is $84,890. The home-value-to-income ratio is 8.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Cudjoe Key?
The poverty rate in Cudjoe Key, FL is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cudjoe Key, FL?
Cudjoe Key's population is 0.5% White, 4.2% Hispanic or Latino, 0.1% Black or African American, 3.2% Asian, and 0.0% two or more races. 10.9% of residents are foreign-born.