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Key West, Florida

city · Monroe County

At a glance

25,720
Population
$852,400
Median home value (all homes)
181% above U.S. median
$1,016,063
Typical market value
Zillow, 2026-07
$2,220/mo
Median rent
65% above U.S. median
$87,037
Median household income
11% above U.S. median
14.8 min
Average commute
90.3%
Homes with broadband
65.74%
Locations with fiber available
2.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 151 — 51% above the national average. how it's computed

Housing199% above
Goods & services2% below
Utilities4% below
Taxes63% below
Insurance49% above
Commute cost46% 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

Colleges in town:
Nearest 4-year college3 mi
Nearest community college114 mi
Nearest technical college105 mi
High school graduates93%
College graduates41.3%

Doing business here

Economic development contacts, most local first:

city Key West
The mission of the Greater Key West Chamber of Commerce is to serve its members and support a viable economy for Key West.
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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