Cudjoe Key, FL

Full City Profile · Florida · Monroe County County

3.4 /5.0
B Good
2,478 Population 479/sq mi density
$84,890 Median Income $57,989 per capita
$707,700 Home Value $727,008 Zillow
$1,875 Median Rent 38.4% income on rent
79°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$84,890 median income, 4.3% unemployment
D
Affordability
2.0 / 5.0
$707,700 home value, $1,875/mo rent
A
Education
4.0 / 5.0
37.5% bachelor's degree or higher

Income Overview

Median Household Income
$84,890
13% above
US avg: $75,149
Per Capita Income
$57,989
48% above
US avg: $39,052
Unemployment Rate
4.3%
19% above
US avg: 3.6%
Poverty Rate
6.7%
46% below
US avg: 12.4%

Income Comparison: Cudjoe Key vs. U.S. Average

Each bar shows Cudjoe Key’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$84,890
113%
Per Capita
US: $39,052
$57,989
148%
IRS Avg AGI
US: $72,000
$190,259
264%
Avg Weekly Wage
US: $1,432
$1,129
79%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,129
21% below US avg ($1,432)
Mean Commute Time
29 min
5% above US avg (28 min)
Work From Home
14.8%
3% below US avg (15.2%)
Drive Alone
70.1%
4% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$8,350M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 70.1%
Public Transit 0%
Work From Home 14.8%
Other 15.1%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
5,008
Restaurants
591
Healthcare
238
Retail
611
Manufacturing
58

Tax & Financial

IRS Avg Adjusted Gross Income
$190,259
164% above US avg ($72,000)
Avg Property Tax
$13,392
283% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$84,890
Per Capita Income$57,989
IRS Avg Adjusted Gross Income$190,259
Avg Weekly Wage$1,129
County GDP$8,350M

Hardship Indicators

Unemployment Rate4.3%
Poverty Rate6.7%
Gini Coefficient0.517
Cost of Living Index103.4

Commute

Mean Commute29 minutes
Drive Alone70.1%
Public Transit0.0%
Work From Home14.8%

Businesses

Total Establishments5,008
Restaurants591
Healthcare238
Retail611
Manufacturing58

Tax

IRS Avg AGI$190,259
Avg Property Tax$13,392