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Key Colony Beach, Florida

city · Monroe County

At a glance

511
Population
$919,800
Median home value (all homes)
203% above U.S. median
$870,687
Typical market value
Zillow, 2026-07
$1,929/mo
Median rent
43% above U.S. median
$94,231
Median household income
20% above U.S. median
10 min
Average commute
95.4%
Homes with broadband
60.05%
Locations with fiber available
0%
Unemployment

Cost of living (Clay Affordability Index)

CAI 158 — 58% above the national average. how it's computed

Housing221% above
Goods & services2% below
Utilities6% above
Taxes63% below
Insurance49% above
Commute cost64% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Florida is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college47 mi
Nearest community college72 mi
Nearest technical college63 mi
High school graduates97.4%
College graduates43.8%

Doing business here

Economic development contacts, most local first:

region South Florida Regional Planning Council
The Council provides economic development information and technical assistance to local governments, private businesses, and neighborhood-based organizations, and serves as the Economic Development Administration’s Economic Development District. It maintains the Comprehensive Economic Development Strategy, operates revolving loan funds to support small businesses, brownfields redevelopment, and affordable housing, and secures and manages state and federal grants for South Florida communities.
state Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes

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