Siesta Key, FL
Population 5,690 · Florida
About Siesta Key, FL
Siesta Key is a small town located in Florida with a population of 5,690 residents according to the latest US Census Bureau American Community Survey data. The median household income is $119,427 per year, which is 59% above the national median of $75,149. The median age of 66 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 Siesta Key features a median home value of $954,300, which is 290% above the national median of $244,900. This places Siesta Key in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,761, 137% above the national average of $1,163/month. Of the 7,894 total housing units, 92% are owner-occupied (2,851 units) and 8% are renter-occupied (232 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Siesta Key shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 7.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Siesta Key have an average one-way commute time of 33.6 minutes.
Education & Demographics
65.3% of Siesta Key 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 0.3% White, 0.4% Hispanic or Latino, 0.2% Black or African American, and 2.7% Asian residents, with 11.2% of the population being foreign-born.
How Siesta Key Ranks in Florida
Cost of Living in Siesta Key, FL
Compared to national averages, Siesta Key has a median household income of $119,427 (59% above the national median of $75,149). Home values average $954,300, which is 290% above the national median. Monthly rent at $2,761 is 137% above the US average of $1,163. Within Florida, Siesta Key's income is 57% above the state average of $75,893, and home values are 170% above the state median of $353,675.
Why Live in Siesta Key, FL?
Siesta Key offers a strong local economy with a median household income of $119,427, well above the national average, and a well-educated community where 65.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $954,300. However, Siesta Key’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Siesta Key has a population of 5,690 with a median age of 66 years. Compare Siesta Key with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Siesta Key
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Zephyrhills West | 5,770 | $49,315 | $89,700 | Compare |
| Dundee | 5,604 | $41,550 | $224,500 | Compare |
| Osprey | 5,790 | $94,815 | $680,200 | Compare |
| Lochmoor Waterway Estates | 5,791 | $87,606 | $335,600 | Compare |
| Bay Harbor Islands | 5,793 | $84,750 | $542,700 | Compare |
| Jan Phyl Village | 5,798 | $58,520 | $215,200 | Compare |
| Belleview | 5,569 | $48,252 | $183,400 | Compare |
| Surfside | 5,566 | $88,938 | $736,800 | 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.
Compare Siesta Key With Other Cities
Frequently Asked Questions about Siesta Key
What is the population of Siesta Key, FL?
The population of Siesta Key, FL is 5,690 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 Siesta Key?
The median household income in Siesta Key, FL is $119,427 per year, which is 59% above the national median of $75,149.
What is the median home value in Siesta Key?
The median home value in Siesta Key, FL is $954,300, which is 290% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Siesta Key?
The median monthly rent in Siesta Key, FL is $2,761, which is 137% above the national average of $1,163/month.
What is the unemployment rate in Siesta Key?
The unemployment rate in Siesta Key, FL is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Siesta Key, FL a good place to live?
Siesta Key offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,690 and a median age of 66, the city appeals to established professionals and retirees.
How educated is Siesta Key, FL?
65.3% of residents in Siesta Key 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 Siesta Key?
Key cost-of-living indicators for Siesta Key, FL: median home value is $954,300 (290% above national), median rent is $2,761/month, and median household income is $119,427. The home-value-to-income ratio is 8.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Siesta Key?
The poverty rate in Siesta Key, FL is 7.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Siesta Key, FL?
Siesta Key's population is 0.3% White, 0.4% Hispanic or Latino, 0.2% Black or African American, 2.7% Asian, and 0.0% two or more races. 11.2% of residents are foreign-born.