Keystone, FL
Population 26,723 · Florida
About Keystone, FL
Keystone is a mid-sized city located in Florida with a population of 26,723 residents according to the latest US Census Bureau American Community Survey data. The median household income is $155,365 per year, which is 107% above the national median of $75,149. The median age of 45.7 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 Keystone features a median home value of $604,800, which is 147% above the national median of $244,900. This places Keystone in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,227, 91% above the national average of $1,163/month. Of the 9,694 total housing units, 91% are owner-occupied (8,495 units) and 9% are renter-occupied (835 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Keystone shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Keystone have an average one-way commute time of 32.4 minutes.
Education & Demographics
59.3% of Keystone 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 1.4% White, 0.5% Hispanic or Latino, 3.7% Black or African American, and 6.9% Asian residents, with 13.7% of the population being foreign-born.
How Keystone Ranks in Florida
Cost of Living in Keystone, FL
Compared to national averages, Keystone has a median household income of $155,365 (107% above the national median of $75,149). Home values average $604,800, which is 147% above the national median. Monthly rent at $2,227 is 91% above the US average of $1,163. Within Florida, Keystone's income is 105% above the state average of $75,893, and home values are 71% above the state median of $353,675.
Why Live in Keystone, FL?
Keystone offers a strong local economy with a median household income of $155,365, well above the national average, and a strong job market with an unemployment rate of just 2.9%, and a well-educated community where 59.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $604,800. However, Keystone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Keystone has a population of 26,723 with a median age of 45.7 years. Compare Keystone with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Keystone
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Palm River-Clair Mel | 26,719 | $62,976 | $244,100 | Compare |
| Lutz | 26,731 | $114,516 | $451,800 | Compare |
| Palm Springs | 26,871 | $59,602 | $234,500 | Compare |
| Leisure City | 26,917 | $48,640 | $333,100 | Compare |
| Temple Terrace | 26,922 | $65,756 | $306,200 | Compare |
| Venice | 26,467 | $74,340 | $381,400 | Compare |
| Wright | 27,233 | $67,077 | $270,700 | Compare |
| Ives Estates | 26,154 | $67,841 | $287,500 | 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 Keystone With Other Cities
Frequently Asked Questions about Keystone
What is the population of Keystone, FL?
The population of Keystone, FL is 26,723 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Keystone?
The median household income in Keystone, FL is $155,365 per year, which is 107% above the national median of $75,149.
What is the median home value in Keystone?
The median home value in Keystone, FL is $604,800, which is 147% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Keystone?
The median monthly rent in Keystone, FL is $2,227, which is 91% above the national average of $1,163/month.
What is the unemployment rate in Keystone?
The unemployment rate in Keystone, FL is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Keystone, FL a good place to live?
Keystone offers above-average incomes, a competitive housing market, and a strong job market. With a population of 26,723 and a median age of 45.7, the city appeals to established professionals and retirees.
How educated is Keystone, FL?
59.3% of residents in Keystone 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 Keystone?
Key cost-of-living indicators for Keystone, FL: median home value is $604,800 (147% above national), median rent is $2,227/month, and median household income is $155,365. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Keystone?
The poverty rate in Keystone, FL is 4.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Keystone, FL?
Keystone's population is 1.4% White, 0.5% Hispanic or Latino, 3.7% Black or African American, 6.9% Asian, and 3.7% two or more races. 13.7% of residents are foreign-born.