North Key Largo, FL
Population 1,630 · Florida
About North Key Largo, FL
North Key Largo is a small town located in Florida with a population of 1,630 residents according to the latest US Census Bureau American Community Survey data. The median household income is $146,389 per year, which is 95% above the national median of $75,149. The median age of 69.4 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 North Key Largo features a median home value of $1,858,300, which is 659% above the national median of $244,900. This places North Key Largo in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,941 total housing units, 96% are owner-occupied (743 units) and 4% are renter-occupied (33 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in North Key Largo shows an unemployment rate of 7.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 29.6%, above the national average of 12.4%. Workers in North Key Largo have an average one-way commute time of 24.2 minutes.
Education & Demographics
59.4% of North Key Largo 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 0.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.3% Asian residents, with 9.9% of the population being foreign-born.
How North Key Largo Ranks in Florida
Cost of Living in North Key Largo, FL
Compared to national averages, North Key Largo has a median household income of $146,389 (95% above the national median of $75,149). Home values average $1,858,300, which is 659% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, North Key Largo's income is 93% above the state average of $75,893, and home values are 425% above the state median of $353,675.
Why Live in North Key Largo, FL?
North Key Largo offers a strong local economy with a median household income of $146,389, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 59.4% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 24.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,858,300. However, North Key Largo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
North Key Largo has a population of 1,630 with a median age of 69.4 years. Compare North Key Largo with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near North Key Largo
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Webster | 1,631 | $55,000 | $251,300 | Compare |
| Wabasso | 1,648 | $66,771 | $413,600 | Compare |
| Molino | 1,607 | $89,326 | $216,900 | Compare |
| Limestone Creek | 1,606 | $88,956 | $350,000 | Compare |
| Patrick AFB | 1,606 | $82,829 | $0 | Compare |
| Hawthorne | 1,603 | $53,143 | $136,500 | Compare |
| Interlachen | 1,659 | $48,000 | $100,500 | Compare |
| Christmas | 1,665 | $83,015 | $293,200 | 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 North Key Largo With Other Cities
Frequently Asked Questions about North Key Largo
What is the population of North Key Largo, FL?
The population of North Key Largo, FL is 1,630 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 North Key Largo?
The median household income in North Key Largo, FL is $146,389 per year, which is 95% above the national median of $75,149.
What is the median home value in North Key Largo?
The median home value in North Key Largo, FL is $1,858,300, which is 659% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in North Key Largo?
The median monthly rent in North Key Largo, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in North Key Largo?
The unemployment rate in North Key Largo, FL is 7.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is North Key Largo, FL a good place to live?
North Key Largo offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,630 and a median age of 69.4, the city appeals to established professionals and retirees.
How educated is North Key Largo, FL?
59.4% of residents in North Key Largo 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 North Key Largo?
Key cost-of-living indicators for North Key Largo, FL: median home value is $1,858,300 (659% above national), median rent is $0/month, and median household income is $146,389. The home-value-to-income ratio is 12.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in North Key Largo?
The poverty rate in North Key Largo, FL is 29.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is North Key Largo, FL?
North Key Largo's population is 0.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.3% Asian, and 10.8% two or more races. 9.9% of residents are foreign-born.