Key Largo, FL

Florida · Metropolitan Area

Key Largo is a small city in Florida with a population of 12,069. Residents earn $78,906 per year, which is 5% above the national average.

3.6 /5.0
B+ Good
12,069 Population 1,002/sq mi density
$78,906 Median Income $50,950 per capita
$626,300 Home Value $1,052,735 Zillow
$1,889 Median Rent
78°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$78,906 median income, 2.6% unemployment
C
Affordability
2.2 / 5.0
$626,300 home value, $1,889/mo rent
A
Education
4.0 / 5.0
37.6% bachelor's degree or higher
Median Income $78,906
5% higher than US avg
Home Value $626,300
122% higher than US avg
Bachelor's+ 37.6%
12% higher than US avg
Median Rent $1,889
62% higher than US avg
Obesity Rate 25.9%
19% lower than US avg
Unemployment 2.6%
28% lower than US avg
Poverty Rate 4.7%
62% lower than US avg

How Key Largo Compares to the U.S. Average (100% = U.S. avg)

People

Population12,069
Median Age51.2 yrs
Density1,002/mi²
Male / Female50% / 50%
Largest GroupWhite 73%

Economy

A+
Median Income$78,906
Per Capita$50,950
Unemployment2.6%
Poverty4.7%
County GDP$260,837M
Commute25 min

Housing

C
Home Value$626,300
Rent$1,889
OwnershipN/A
Zillow$1,052,735

Crime

ViolentN/A
PropertyN/A

Health

Obesity25.9%
UninsuredN/A
Depression17.9%
Heart Disease5.6%

Climate

Avg Temp78°F
AQI41 (Good)
Rain57.0 in/yr
Elevation8 ft

Education

A
Bachelor's+37.6%
High School+94.0%
School Score5.60

Community

2024 VoteR 55% / D 44%
Commute25 min
EV Stations1
Libraries63

Is Key Largo a Good Place to Live?

Based on current data, Key Largo receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Key Largo offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Key Largo is $78,906, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 2.6%. Only 4.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Key Largo is $626,300, making it a premium housing market at 122% above the U.S. median of $281,900. Renters pay a median of $1,889 per month, significantly above the national average of $1,163. With a home price-to-income ratio of 7.9x, housing affordability is a significant challenge for many families.

Education

Educational attainment is solid, with 37.6% holding a bachelor's degree or higher, near the national average. 94.0% have completed high school. Area schools have an average test score of 5.6/10.

Climate & Weather

Key Largo has a warm climate with an average annual temperature of 78°F. Winters average 69°F in January while summers reach 84°F in July. Annual precipitation totals 57.0 inches. Air quality is rated Good with a median AQI of 41.

Key Largo has a population of 12,069 with a density of 1,002 people per square mile. The median age is 51.2 years, 32% older than the national median of 38.9. The city is predominantly White (73.2%), with 1.4% Hispanic, 1.6% Black.

Population

12,069
Total Population
1,002
People / sq mi
51.2yrs
Median Age
32% above US avg
12.1mi²
Land Area

Gender Distribution

Male 50.3%
Female 49.7%

Race & Ethnicity

Key Largo vs U.S. Average

Language Spoken at Home

English Only75.8%
3% below US avg
Spanish24.2%
81% above US avg

Social Characteristics

Key Largo vs U.S. Average

The median household income in Key Largo is $78,906, which is 5% above the national average of $75,149. The unemployment rate is 2.6% (below the 3.6% US average). 4.7% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Key Largo vs U.S.

Commute Mode

Income

Median HH Income$78,906
5% above US avg
Per Capita Income$50,950
Avg Weekly Wage$1,492
IRS Avg AGI$111,222

Employment & Poverty

Unemployment2.6%
28% below US avg
Poverty Rate4.7%
62% below US avg
Establishments (County)123,309
County GDP$260,837M

Business (County)

Restaurants6,356
Healthcare11,061
Retail10,749
Manufacturing2,137

Tax & Cost of Living

Property Tax (IRS)$12,130
247% above US avg
Effective Tax Rate1.94%

Commute & Transportation

Commute Time25.4 min
Work from Home9.0%

Walkability

The median home value in Key Largo is $626,300, 122% above the national average. Monthly rent averages $1,889 (62% above US avg). Zillow estimates the typical home value at $1,052,735.

Home Value Sources

Ownership Split

Home Values

Census Median$626,300
122% above US avg
Zillow ZHVI$1,052,735
Median List Price$1,350,000

Real Estate Market (Redfin)

Median List Price$1,350,000
$/Sq Ft$509
Homes Sold21
Sale-to-List Ratio94.9%
Price Drops33.7%
Inventory211

Rental Costs

Census Median Rent$1,889
62% above US avg
Zillow Rent (ZORI)$3,119

HUD Fair Market Rent

Studio$1,212
1 Bedroom$1,296
2 Bedrooms$1,526
3 Bedrooms$1,971
4 Bedrooms$2,261

Ownership & Property

Owner-Occupied76.2%

Property Tax

Avg Tax (IRS)$12,130
247% above US avg
Effective Rate1.94%
In Key Largo, 25.9% of adults are obese (below the 32.1% national rate). 17.9% report depression. 22.8% are physically inactive.

Health Metrics: Key Largo vs U.S. Average (%)

Chronic Conditions

Obesity25.9%
19% below US avg
Diabetes10.1%
Heart Disease5.6%
High Blood Pressure29.9%
Asthma9.1%
COPD5.6%
Stroke2.7%

Behaviors & Mental Health

Binge Drinking19.5%
Physical Inactivity22.8%
Depression17.9%
Mental Distress16.7%
Physical Distress12.9%

Healthcare Access

Insurance Rate86.7%
Checkup Rate74.6%
Premature Death6,314/100K

Food & Exercise

Food Environment8.3/10
Exercise Access98.5%
Healthcare Facilities11,061

Crime Rates: Key Largo vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)290

Safety Score

Key Largo has an average annual temperature of 78°F (25°C). Winters average 69°F in January while summers reach 84°F in July. Annual precipitation is 57.0 inches. Air quality is rated Good with a median AQI of 41.

Temperature

69°F Jan (21°C) 84°F Jul (29°C)
Annual Average77.7°F
44% above US avg
January Average69°F (21°C)
July Average84°F (29°C)

Precipitation & Snow

Annual Rainfall57.0 inches
50% above US avg

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation8 ft (2 m)
Area12.1 sq mi (31.2 km²)
Population Density1,002/sq mi
Coordinates25.1226°N, 80.4116°W
County FIPS12086
It is classified as Metro — 1 million+. 37.6% of residents hold a bachelor's degree or higher (12% above US avg). In the 2024 election, the county voted Republican by a 11.5-point margin.

2024 Presidential Election (County)

R 55.4%
D 43.9%

Winner: Republican by 11.5 points

Education

Bachelor's Degree+37.6%
12% above US avg
High School+94.0%
School Test Score5.60
A Education Grade (4.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,002/sq mi
Total Area12.1 sq mi

Infrastructure & Services

EV Charging Stations1
Alt Fuel Stations1
Public Libraries63
Healthcare Facilities11,061
Restaurants6,356
Retail Stores10,749

Safety & Disasters

Fatal Crashes (County/yr)290

Commute & Transportation

Avg Commute25.4 min
Work from Home9.0%

Nearby Cities

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