Key Colony Beach, FL
Population 525 · Florida
About Key Colony Beach, FL
Key Colony Beach is a small community located in Florida with a population of 525 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,531 per year, which is 26% above the national median of $75,149. The median age of 66.1 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 Key Colony Beach features a median home value of $834,800, which is 241% above the national median of $244,900. This places Key Colony Beach in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,849, 59% above the national average of $1,163/month. Of the 1,132 total housing units, 70% are owner-occupied (214 units) and 30% are renter-occupied (93 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Key Colony Beach 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 5.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Key Colony Beach have an average one-way commute time of 10.1 minutes, one of the shorter commutes in the region.
Education & Demographics
47.6% of Key Colony Beach residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 5.3% Asian residents, with 6.7% of the population being foreign-born.
Cost of Living in Key Colony Beach, FL
Compared to national averages, Key Colony Beach has a median household income of $94,531 (26% above the national median of $75,149). Home values average $834,800, which is 241% above the national median. Monthly rent at $1,849 is 59% above the US average of $1,163. Within Florida, Key Colony Beach's income is 25% above the state average of $75,893, and home values are 136% above the state median of $353,675.
Why Live in Key Colony Beach, FL?
Key Colony Beach offers a strong local economy with a median household income of $94,531, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 47.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.1%, better than the national average, and short commute times averaging just 10.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $834,800. However, Key Colony Beach’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Key Colony Beach has a population of 525 with a median age of 66.1 years. Compare Key Colony Beach with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Key Colony Beach
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wiscon | 535 | $31,850 | $0 | Compare |
| Bell | 507 | $68,929 | $163,300 | Compare |
| Gardner | 502 | $40,739 | $132,100 | Compare |
| Schall Circle | 501 | $45,489 | $254,500 | Compare |
| Orchid | 553 | $136,875 | $2,000,001 | Compare |
| Lake Mystic | 556 | $58,375 | $300,000 | Compare |
| Beverly Beach | 564 | $43,864 | $297,100 | Compare |
| Jupiter Inlet Colony | 486 | $168,750 | $2,000,001 | 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.
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Frequently Asked Questions about Key Colony Beach
What is the population of Key Colony Beach, FL?
The population of Key Colony Beach, FL is 525 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Florida.
What is the median household income in Key Colony Beach?
The median household income in Key Colony Beach, FL is $94,531 per year, which is 26% above the national median of $75,149.
What is the median home value in Key Colony Beach?
The median home value in Key Colony Beach, FL is $834,800, which is 241% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Key Colony Beach?
The median monthly rent in Key Colony Beach, FL is $1,849, which is 59% above the national average of $1,163/month.
What is the unemployment rate in Key Colony Beach?
The unemployment rate in Key Colony Beach, 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 Key Colony Beach, FL a good place to live?
Key Colony Beach offers above-average incomes, a competitive housing market, and a strong job market. With a population of 525 and a median age of 66.1, the city appeals to established professionals and retirees.
How educated is Key Colony Beach, FL?
47.6% of residents in Key Colony Beach 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 Key Colony Beach?
Key cost-of-living indicators for Key Colony Beach, FL: median home value is $834,800 (241% above national), median rent is $1,849/month, and median household income is $94,531. The home-value-to-income ratio is 8.8x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Key Colony Beach?
The poverty rate in Key Colony Beach, FL is 5.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Key Colony Beach, FL?
Key Colony Beach's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 5.3% Asian, and 0.0% two or more races. 6.7% of residents are foreign-born.