Islamorada, Village of Islands, FL
Population 7,042 · Florida
About Islamorada, Village of Islands, FL
Islamorada, Village of Islands is a small town located in Florida with a population of 7,042 residents according to the latest US Census Bureau American Community Survey data. The median household income is $95,212 per year, which is 27% above the national median of $75,149. The median age of 55 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 Islamorada, Village of Islands features a median home value of $880,200, which is 259% above the national median of $244,900. This places Islamorada, Village of Islands in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,856, 60% above the national average of $1,163/month. Of the 5,993 total housing units, 81% are owner-occupied (2,510 units) and 19% are renter-occupied (570 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Islamorada, Village of Islands 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 6.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Islamorada, Village of Islands have an average one-way commute time of 24.1 minutes.
Education & Demographics
39.6% of Islamorada, Village of Islands 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 1.9% White, 1.6% Hispanic or Latino, 0.8% Black or African American, and 3.6% Asian residents, with 13.7% of the population being foreign-born.
Cost of Living in Islamorada, Village of Islands, FL
Compared to national averages, Islamorada, Village of Islands has a median household income of $95,212 (27% above the national median of $75,149). Home values average $880,200, which is 259% above the national median. Monthly rent at $1,856 is 60% above the US average of $1,163. Within Florida, Islamorada, Village of Islands's income is 25% above the state average of $75,893, and home values are 149% above the state median of $353,675.
Why Live in Islamorada, Village of Islands, FL?
Islamorada, Village of Islands offers a strong local economy with a median household income of $95,212, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 39.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.0%, better than the national average, and short commute times averaging just 24.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $880,200. However, Islamorada, Village of Islands’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Islamorada, Village of Islands has a population of 7,042 with a median age of 55 years. Compare Islamorada, Village of Islands with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Islamorada, Village of Islands
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Heathrow | 7,033 | $122,837 | $543,600 | Compare |
| Belle Isle | 7,053 | $111,875 | $474,700 | Compare |
| Fort Pierce North | 7,023 | $36,707 | $151,500 | Compare |
| West Miami | 7,077 | $56,509 | $436,700 | Compare |
| Inwood | 7,098 | $38,786 | $115,200 | Compare |
| Perry | 6,965 | $44,815 | $122,900 | Compare |
| Ormond-by-the-Sea | 6,962 | $67,389 | $350,900 | Compare |
| Lecanto | 6,929 | $52,996 | $293,900 | 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 Islamorada, Village of Islands With Other Cities
Frequently Asked Questions about Islamorada, Village of Islands
What is the population of Islamorada, Village of Islands, FL?
The population of Islamorada, Village of Islands, FL is 7,042 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 Islamorada, Village of Islands?
The median household income in Islamorada, Village of Islands, FL is $95,212 per year, which is 27% above the national median of $75,149.
What is the median home value in Islamorada, Village of Islands?
The median home value in Islamorada, Village of Islands, FL is $880,200, which is 259% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Islamorada, Village of Islands?
The median monthly rent in Islamorada, Village of Islands, FL is $1,856, which is 60% above the national average of $1,163/month.
What is the unemployment rate in Islamorada, Village of Islands?
The unemployment rate in Islamorada, Village of Islands, 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 Islamorada, Village of Islands, FL a good place to live?
Islamorada, Village of Islands offers above-average incomes, a competitive housing market, and a strong job market. With a population of 7,042 and a median age of 55, the city appeals to established professionals and retirees.
How educated is Islamorada, Village of Islands, FL?
39.6% of residents in Islamorada, Village of Islands 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 Islamorada, Village of Islands?
Key cost-of-living indicators for Islamorada, Village of Islands, FL: median home value is $880,200 (259% above national), median rent is $1,856/month, and median household income is $95,212. The home-value-to-income ratio is 9.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Islamorada, Village of Islands?
The poverty rate in Islamorada, Village of Islands, FL is 6.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Islamorada, Village of Islands, FL?
Islamorada, Village of Islands's population is 1.9% White, 1.6% Hispanic or Latino, 0.8% Black or African American, 3.6% Asian, and 0.3% two or more races. 13.7% of residents are foreign-born.