Key Largo, FL
Population 12,069 · Florida
About Key Largo, FL
Key Largo is a mid-sized city in Florida with a population of 12,069 residents. The median household income is $78,906 per year, which is above the national average. The median age in Key Largo is 51.2 years.
Housing in Key Largo has a median home value of $626,300 and median monthly rent of $1,889. Of the 8,570 total housing units, the majority are owner-occupied, with 3,843 owner-occupied and 1,201 renter-occupied units.
The unemployment rate in Key Largo is 4.7% and the poverty rate is 8.3%. 37.6% of residents hold a bachelor's degree or higher. The average commute time is 25.4 minutes.
Cost of Living in Key Largo, FL
Compared to national averages, Key Largo has a median household income of $78,906 (5% above the national median of $75,149). Home values average $626,300, which is 156% above the national median. Monthly rent at $1,889 is 62% above the US average of $1,163. Within Florida, Key Largo's income is 4% above the state average of $75,893, and home values are 77% above the state median of $353,675.
Why Live in Key Largo, FL?
Key Largo offers a strong local economy with a median household income of $78,906, well above the national average, and a well-educated community where 37.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $626,300. However, Key Largo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Key Largo has a population of 12,069 with a median age of 51.2 years. Compare Key Largo with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Key Largo
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Goulds | 12,019 | $58,291 | $415,100 | Compare |
| Shady Hills | 12,012 | $63,250 | $225,600 | Compare |
| South Miami | 11,926 | $88,313 | $736,900 | Compare |
| Middleburg | 11,911 | $70,877 | $241,700 | Compare |
| Laurel | 11,868 | $89,282 | $450,200 | Compare |
| Lantana | 11,845 | $69,677 | $374,800 | Compare |
| Westview | 11,823 | $53,840 | $333,500 | Compare |
| Gulfport | 11,735 | $68,617 | $335,100 | 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 Largo
What is the population of Key Largo, FL?
The population of Key Largo, FL is 12,069 according to the latest Census data.
What is the median household income in Key Largo?
The median household income in Key Largo, FL is $78,906 per year.
What is the median home value in Key Largo?
The median home value in Key Largo, FL is $626,300.
What is the average rent in Key Largo?
The median monthly rent in Key Largo, FL is $1,889.
What is the unemployment rate in Key Largo?
The unemployment rate in Key Largo, FL is 4.7%.