Longboat Key, FL
Population 7,512 · Florida
About Longboat Key, FL
Longboat Key is a small community in Florida with a population of 7,512 residents. The median household income is $143,365 per year, which is above the national average. The median age in Longboat Key is 71.5 years.
Housing in Longboat Key has a median home value of $959,200 and median monthly rent of $2,969. Of the 9,865 total housing units, the majority are owner-occupied, with 3,907 owner-occupied and 265 renter-occupied units.
The unemployment rate in Longboat Key is 2.7% and the poverty rate is 4.5%. 68.9% of residents hold a bachelor's degree or higher. The average commute time is 25.4 minutes.
How Longboat Key Ranks in Florida
Cost of Living in Longboat Key, FL
Compared to national averages, Longboat Key has a median household income of $143,365 (91% above the national median of $75,149). Home values average $959,200, which is 292% above the national median. Monthly rent at $2,969 is 155% above the US average of $1,163. Within Florida, Longboat Key's income is 89% above the state average of $75,893, and home values are 171% above the state median of $353,675.
Why Live in Longboat Key, FL?
Longboat Key offers a strong local economy with a median household income of $143,365, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 68.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $959,200. However, Longboat Key’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Longboat Key has a population of 7,512 with a median age of 71.5 years. Compare Longboat Key with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Longboat Key
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Loughman | 7,535 | $64,926 | $289,600 | Compare |
| Inverness Highlands South | 7,478 | $61,224 | $206,900 | Compare |
| Macclenny | 7,558 | $63,640 | $227,500 | Compare |
| Southwest Ranches | 7,569 | $157,390 | $841,900 | Compare |
| Dade City | 7,570 | $63,041 | $211,900 | Compare |
| Arcadia | 7,571 | $38,388 | $158,900 | Compare |
| South Apopka | 7,425 | $54,427 | $248,000 | Compare |
| Newberry | 7,608 | $100,513 | $268,800 | 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 Longboat Key
What is the population of Longboat Key, FL?
The population of Longboat Key, FL is 7,512 according to the latest Census data.
What is the median household income in Longboat Key?
The median household income in Longboat Key, FL is $143,365 per year.
What is the median home value in Longboat Key?
The median home value in Longboat Key, FL is $959,200.
What is the average rent in Longboat Key?
The median monthly rent in Longboat Key, FL is $2,969.
What is the unemployment rate in Longboat Key?
The unemployment rate in Longboat Key, FL is 2.7%.