Sign In Register
Sophie Gonzalez housing

Key West housing prices -when will it stop?

I'm a 44-year-old lawyer and The median home value here is around $816,300, which is pretty steep. Median household income is $78,532, which feels about average for the area. You can expect to pay around $2,075 for rent here. Poverty rate is 5.3%, which is pretty low. I'd say it's better for families than young singles. Property taxes are high but you get good services. The city has invested a lot in new development. Should I be concerned? The suburbs are where most families end up. There's a growing tech scene which is exciting.
7 upvotes

1 Replies

Noah Davis
I've lived in Downtown for about 8 years now, so I can give you a pretty detailed perspective.

it's exactly what I was looking for. When I first moved here from Atlanta, I was surprised by weather. It took some adjustment but now I wouldn't trade it.

A few things worth knowing:
- Growing food and restaurant scene
- Lots of new development happening
- The outdoor recreation scene is surprisingly good

The downsides:
- Traffic during rush hour is rough
- Not a lot of cultural diversity

Overall I'd rate it 5/10 for remote workers. Hope this helps!.
14 upvotes
← Back to Key West Community