Key West, FL — City Data, Demographics & Statistics
Monroe County · Florida
City DNA
A unique fingerprint for Key West based on 8 key metrics — compared to averages.
Quick Stats
Population
25,824
2023 ACS
Median Income
$78,532
2023
Median Home Value
$816,300
2023
Median Rent
$2,075
2023
Median Age
46.5
Unemployment
2.0%
Cost of Living Index
178.6
100 = national avg
Key West is a city in Monroe County, Florida, with a population of 25,824 according to the 2023 American Community Survey. Key West is one of the communities in Florida.
The median household income in Key West is $78,532, and the median home value is $816,300. The cost of living index is 178.6 (where 100 = national average), and the median rent is $2,075 per month. The unemployment rate is 2.0%, and the median age is 46.5 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
25,824
Male
13,603
52.7%
Female
12,221
47.3%
Median Age
46.5
Age Distribution
Education & Household
Bachelor's or Higher
33.3%
High School or Higher
54.5%
Foreign Born
21.6%
Veterans
6.5%
Married
41.0%
Avg Household Size
2.2
Marital Status by Age
Race & Ethnicity
Diversity Index
0.464
Simpson's Index (0-1)
Largest Group
White
66.7%
Foreign Born
21.6%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
23.3%
6,012 people
Not Hispanic/Latino
76.7%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
24,660
English Only
77.1%
#1 Non-English Language
Spanish
3,848 speakers
Limited English
10.6%
Language Distribution
English Proficiency
Speaks English Very Well
89.4%
Limited English Proficiency
10.6%
Veterans & Military
Total Veterans
1,688
6.5% of population
Disability Rate
30.2%
510 with disability
Veteran Median Income
$59,399
Unemployment Rate
6.6%
Period of Service
Veteran Age Distribution
Male Veterans
1,576
93.4%
Female Veterans
112
6.6%
Veteran vs Non-Veteran Income
Veteran Income
$59,399
Non-Veteran Income
$42,760
Difference
$16,639
38.9% higher
Disability Status
With Disability
510
Without Disability
1,178
Disability Rate
30.2%
Ancestry & Heritage
Total Reporting Ancestry
15,869
#1 Ancestry
Irish
8.9% (2,310)
#2 Ancestry
German
8.9% (2,287)
#3 Ancestry
English
7.9% (2,029)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
11,188
Family Households
5,710
51.0%
Married Couples
4,477
40.0%
Non-Family Households
5,478
49.0%
Single Mother Households
785
7.0%
Single Father Households
448
4.0%
Living Alone
3,836
34.3%
Children Under 18
Total Children
3,480
In Married Couple
2,451
70.4%
With Single Mother
684
19.7%
With Single Father
345
9.9%
Family Income
Median Family Income
$101,563
Married Couple Income
$109,149
Single Mother Income
$66,339
Single Father Income
$82,596
Avg Family Size
2.2
Avg Non-Family Size
2.2
Grandparents w/ Grandchildren
356
Grandparents Responsible
25
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$78,532
+7% vs national
Per Capita Income
$59,457
+60% vs national
Poverty Rate
11.1%
-19% vs national
Gini Index
0.5357
0 = perfect equality
Unemployment
2.0%
-62% vs national
SNAP Recipients
7.0%
of households
How Key West Compares
Key West vs Similar Cities
Compared to cities with 10,000 - 25,000 residents. Key West is highlighted.
Median Household Income
Key West, FL has a median household income of $78,532, making it the 9,320th highest median household income out of 28,123 cities in our database. This means that Key West has a higher median household income than 67% of all the cities we measured.
Per Capita Income
Key West, FL has a per capita income of $59,457, making it the 2,681st highest per capita income out of 28,123 cities in our database. This means that Key West has a higher per capita income than 90% of all the cities we measured.
Poverty Rate
Key West, FL has a poverty rate of 11.1%, making it the 15,360th highest poverty rate out of 31,262 cities in our database. This means that Key West has a higher poverty rate than 51% of all the cities we measured.
Unemployment Rate
Key West, FL has a unemployment rate of 2.0%, making it the 20,774th highest unemployment rate out of 31,012 cities in our database. This means that Key West has a higher unemployment rate than 33% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Key West. The median household income here is $78,532.
Income Distribution
Employment Snapshot
Unemployment Rate
2.0%
-60% vs FL avg
Labor Force
15,392
Employed
14,072
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
33.3%
of adults 25+
High School Diploma+
54.5%
of adults 25+
Median Age
46.5
Work from Home
10.3%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Florida metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$100.8K
per year
Occupations Tracked
20
Cost of Living
Overall Index
178.6
100 = national avg
+78.6 vs national average
Living Wage (1 Adult)
$78,592
per year
Living Wage (Family of 4)
$185,763
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$2,211
per month
2 Bedroom
$2,504
per month
The median household income in Key West, FL is $78,532, which is 7.2% above the national average of $73,224. Per capita income is $59,457. The poverty rate of 11.1% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.5357, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.0%, compared to the state average of 4.9%. The labor force is 15,392. 33.3% of adults hold a bachelor's degree or higher. About 57.4% of workers drive alone to work. The overall cost of living index is 178.6, which is 78.6% above the national average. Housing costs are above the national average at an index of 288.4. A single adult needs to earn approximately $78,592 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$1,250,000
Median List Price
$1,495,000
Price Per Sq Ft
$1,050
Days on Market
93
Active Inventory
330
Months of Supply
13.2
Buyer's market
Zillow Home Value
$1,000,283
ZHVI — January 2026
Zillow Rent Index
$3,743
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
4.0%
Off Market in 2 Weeks
31.9%
Sale-to-List Ratio
94.0%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
25
New Listings
85
Pending Sales
47
Price Per Square FootRedfin
Median Sale $/SF
$1,050
Median List $/SF
$1,098
Key West vs Similar CitiesCensus ACS / Redfin
Compared to cities with 10,000 - 25,000 residents. Key West is highlighted.
Median Home Value
Key West, FL has a median home value of $816,300, making it the 1,066th highest median home value out of 27,993 cities in our database. This means that Key West has a higher median home value than 96% of all the cities we measured.
Median Rent
Key West, FL has a median rent of $2,075, making it the 1,461st highest median rent out of 22,337 cities in our database. This means that Key West has a higher median rent than 93% of all the cities we measured.
Median Price Per Sq Ft
Key West, FL has a price per square foot of $1,050, making it the 177th highest price per square foot out of 20,748 cities in our database. This means that Key West has a higher price per square foot than 99% of all the cities we measured.
Rent Burden
Key West, FL has a rent burden of 31.7%, making it the 937th highest rent burden out of 21,928 cities in our database. This means that Key West has a higher rent burden than 96% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$816,300
Median Rent
$2,075
Total Housing Units
14,414
Vacancy Rate
22.4%
Owner Occupied
47.4%
Renter Occupied
52.6%
Median Property Tax
$4,312
per year
Monthly Cost (w/ Mortgage)
$1,793
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$4,312
per year
Effective Tax Rate
0.53%
of home value
Median Home Value
$816,300
Estimated Mean Tax
$4,903
The effective property tax rate is calculated by dividing the median annual property tax ($4,312) by the median home value ($816,300). In Key West, FL, this works out to an effective rate of 0.53%. This is below the national average of approximately 1.1%.
The current median sale price in Key West, FL is $1,250,000 according to Redfin data. Homes spend a median of 93 days on the market. 4.0% of homes sold above asking price. The market has 13.2 months of supply. The median price per square foot is $1,050. Zillow's observed rent index is $3,743/month. About 47.4% of housing units are owner-occupied. The median year homes were built is 1967. There are 14,414 total housing units. Homeowners pay a median annual property tax of $4,312. The effective tax rate is 0.53%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
3.52
per 1,000 residents
+35% vs national
Property Crime Rate
22.59
per 1,000 residents
+31% vs national
Total Crimes
645
2024
Violent Clearance
72%
cases solved
Property Clearance
25%
cases solved
YoY Change
-2.4%
violent crime rate
improving vs 2023
How Key West Compares
Source: FBI (2024)Key West vs Similar Cities
Source: FBI (2024)Compared to cities with 10,000 - 25,000 residents. Key West is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Key West police solve 86% of aggravated assault cases but only 23% of rape cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 13 | 0.53 | 23.1% |
| Robbery | Violent | 8 | 0.32 | 37.5% |
| Aggravated Assault | Violent | 66 | 2.67 | 86.4% |
| Burglary | Property | 53 | 2.15 | 26.4% |
| Larceny/Theft | Property | 491 | 19.88 | 25.1% |
| Motor Vehicle Theft | Property | 14 | 0.57 | 28.6% |
Key West, FL reported 87 violent crimes and 558 property crimes in 2024. The violent crime rate of 3.52 per 1,000 residents is 35.5% above the national average of 2.60 per 1,000. Law enforcement cleared 72% of violent crimes. Larceny/theft accounts for 491 of the property crime reports. Firearms were involved in 9.1% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 87 | 558 | 3.52 | 22.59 |
| 2023 | 91 | 536 | 3.61 | 21.25 |
| 2022 | 125 | 601 | 4.78 | 22.97 |
| 2020 | 106 | 450 | 4.41 | 18.70 |
| 2019 | 96 | 734 | 3.91 | 29.89 |
| 2017 | 101 | 809 | 3.69 | 29.53 |
| 2016 | 102 | 1,003 | 3.93 | 38.61 |
| 2015 | 162 | 1,195 | 6.24 | 46.02 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
91.6
Relatively Moderate
Expected Annual Loss
90.2
Score (0-100)
Social Vulnerability
53.9
Score (0-100)
Community Resilience
29.4
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
47
Public Assistance
$244.2M
Individual Assistance
$33.3M
Most Common Type
Hurricane
26 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Hurricane Milton → | Hurricane | Oct 2024 | — | — |
| Hurricane Milton → | Hurricane | Oct 2024 | — | — |
| Hurricane Helene → | Hurricane | Sep 2024 | — | — |
| Tropical Storm Helene → | Tropical Storm | Sep 2024 | — | — |
| Hurricane Debby → | Tropical Storm | Aug 2024 | — | — |
| Tropical Storm Debby → | Tropical Storm | Aug 2024 | — | — |
| Hurricane Ian → | Hurricane | Sep 2022 | $4.4M | $4.0M |
| Tropical Storm Ian → | Hurricane | Sep 2022 | — | — |
| Tropical Storm Elsa → | Severe Storm | Jul 2021 | — | — |
| Hurricane Isaias → | Hurricane | Aug 2020 | — | — |
| Covid-19 Pandemic → | Biological | Mar 2020 | $301K | $82K |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Hurricane Dorian → | Hurricane | Aug 2019 | — | — |
| Hurricane Irma → | Hurricane | Sep 2017 | $152.3M | $13.9M |
| Hurricane Irma → | Hurricane | Sep 2017 | — | — |
| Hurricane Matthew → | Hurricane | Oct 2016 | — | — |
| Hurricane Isaac → | Hurricane | Oct 2012 | $821K | — |
| Hurricane Ike → | Hurricane | Sep 2008 | $622K | — |
| Tropical Storm Fay → | Severe Storm | Aug 2008 | $3.5M | — |
| Tropical Storm Fay → | Severe Storm | Aug 2008 | — | — |
Showing 20 of 49 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
27,423
Total Claims Paid
$713,869,071
Avg Claim Payout
$26,032
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
122
Federal Funding
$16,033,184
Properties Protected
113
Avg Benefit-Cost Ratio
9.80
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 205.8: Retrofitting Public Structures - Wind | 82 | $3,784,353 |
| 202.2: Elevation of Private Structures - Coastal | 10 | $108,791 |
| 207.2: Mitigation Reconstruction | 6 | $851,245 |
| 800.1: Miscellaneous | 3 | $0 |
| 103.1: Feasibility, Engineering and Design Studies; 301.1: Shoreline Stabilization (Riprap, etc.) | 2 | $249,690 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Key West has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are coastal flood, hurricane, lightning. The area has had 47 federal disaster declarations. The most common disaster type is hurricane (26 declarations). 27,423 flood insurance claims have been filed in the area. FEMA has obligated $244,229,683 in public assistance recovery funding. $33,321,577 has been distributed in individual assistance to disaster-affected residents. 122 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
26.1%
10.0pp below the national average
Depression Rate
16.7%
6.8pp below the national average
Diabetes Rate
11.7%
near the national average
Uninsured Rate
13.0%
2.4pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
38.1%
Arthritis
24.7%
Cancer (excl. skin)
9.0%
Teeth Lost (65+)
10.1%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
15.2%
14+ days in past month
Depression
16.7%
Loneliness
—
Lack of Support
—
Disability Prevalence
Any Disability
27.8%
Mobility
12.8%
Cognitive
12.5%
Hearing
6.8%
Vision
4.9%
Self-Care
3.5%
Independent Living
6.9%
Key West has an obesity rate of 26.1%, which is 10.0pp below the national average. The depression rate is 16.7%, 6.8pp below the national average. About 13.0% of adults lack health insurance. 77.5% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
1
With Emergency Services
1
Avg CMS Rating
4.0 / 5
Nearest Hospital
9.3 mi
Lower Keys Medical Center
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Lower Keys Medical Center | 9.3 mi | Acute Care Hospitals | 4/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
1
Pop. Served
86,000
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| FKAA J. ROBERT DEAN W.T.P. | 86,000 | 0 |
There are 1 water system serving the area.
Infrastructure
Commute Overview2023 ACS
Drive Alone
57.4%
-27% vs national
Public Transit
0.1%
-86% vs national
Work From Home
10.3%
+10% vs national
Carpool
7.0%
Walk / Bike
17.4%
combined
How Key West's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
2
2023
6-Year Avg
3
fatalities/yr
Cyclist
2
Nighttime
1
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 2 | 2 | 0 | 0 | 2 |
| 2022 | 3 | 3 | 0 | 0 | 2 |
| 2021 | 1 | 1 | 0 | 0 | 0 |
| 2020 | 1 | 1 | 0 | 0 | 0 |
| 2019 | 3 | 3 | 0 | 0 | 0 |
| 2018 | 6 | 6 | 0 | 0 | 2 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Key West, FL covers travel times and transportation modes. 57.4% of workers drive alone, compared to the national average of 78.7%. 10.3% work from home, which is below the FL state average of 13.8%. 7.0% of workers carpool. 4.9% walk to work. 12.6% commute by bicycle. In 2023, there were 2 traffic fatalities from 2 fatal crashes.
Internet & Broadband Access
Source: Census ACSBroadband Access
87.3%
of households
Cable / Fiber / DSL
75.5%
of households
No Internet
9.3%
of households
Total Households
11,188
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
96.2%
of households
Smartphone
91.8%
of households
Desktop / Laptop
77.2%
of households
Tablet
54.4%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.1¢
per kWh
-26% vs 10,000 - 25,000 avg
Commercial Rate
11.0¢
per kWh
-29% vs 10,000 - 25,000 avg
Industrial Rate
8.5¢
per kWh
-28% vs 10,000 - 25,000 avg
Avg Monthly Bill
$156
residential
+6% vs 10,000 - 25,000 avg
17% below the national average of 17.1¢/kWh
Residential electricity in Florida averages 14.1¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $156. State-level averages from EIA Electric Sales & Revenue data (2024).
Key West vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (10,000 - 25,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
1
Population Served
86,000
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| FKAA J. ROBERT DEAN W.T.P. | Community | Ground water | 86,000 | 0 |
87.3% of households in Key West have broadband internet access. 75.5% have cable, fiber, or DSL service. 8.2% rely solely on cellular data without a wired connection. 9.3% of households have no internet access. 14.2% use only a smartphone without a desktop or laptop. The area is served by 1 water system, providing water to 86,000 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Key West is located in Monroe County, FL. Results reflect all voters in the county, not just those in Key West.
Election Overview
Source: Monroe County (2024)2024 Winner
Republican
Dem Votes
17,933
40.5%
GOP Votes
26,064
58.8%
Total Votes
44,327
Margin
R+18.3%
Shift from 2020
R+10.4pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 17,933 | 26,064 | 44,327 | 40.5% | 58.8% | R+18.3 |
| 2020 | 21,881 | 25,693 | 48,029 | 45.6% | 53.5% | R+7.9 |
| 2016 | 18,949 | 21,885 | 42,434 | 44.7% | 51.6% | R+6.9 |
In the 2024 presidential election, Monroe County recorded 44,327 total votes. Republicans won the county with 58.8% of the vote compared to 40.5% for Democrats, a margin of R+18.3%. Compared to 2020, the margin shifted R+10.4pp from the previous election. Since 2016, Monroe County has shifted 11.4 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
241
Total Assets
$260.9M
Total Income
$107.4M
Per 10K Residents
93.3
nonprofits
-44.2% vs peers avg
Orgs with >$1M Assets
37
Median Assets
$510K
Oldest Active
1941
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $163.2M of $260.9M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 10,000 - 25,000
Largest Nonprofits in Key West
Source: IRS Exempt Organizations BMFKey West, FL has 241 registered 501(c)(3) nonprofit organizations with combined assets of $260.9M. The most common category is Arts, Culture & Humanities, with 32 organizations. 37 nonprofits have assets exceeding $1 million. That works out to 93.3 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
204
Total Approved
$110.4M
Jobs Supported
1,266
Per 10K Residents
79.0
SBA loans
+14.6% vs peers avg
Unique Lenders
62
Top Lender
First Horizon Bank
24 loans
Top Industry
Accommodation & Food Services
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
193
Total Amount
$99.3M
Avg Loan
$514,611
Median Loan
$250,000
SBA Guaranteed
$75.3M(76%)
Jobs Supported
1,189
Loans
11
Total Amount
$11.1M
Avg Loan
$1,009,273
Median Loan
$416,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
32
16% of all-time total
Recent Amount
$29.6M
27% of all-time total
Avg Recent Loan
$926,413
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 10,000 - 25,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Key West Gallery Inc | 1 | $5.0M |
| Key West Conservatory Llc | 1 | $5.0M |
| Two Friends Realty Holding Llc | 1 | $4.6M |
| Vrehiii Marreros Llc | 1 | $3.5M |
| 1007 Market Place Inc. | 3 | $3.3M |
| Bhb Key West Llc | 1 | $3.0M |
| Shaddow & Fish Inc. | 1 | $3.0M |
| Christopher Holland Llc ( Epc) Mirage International Inc (oc) | 1 | $2.5M |
| Christopher Holland Llc ( Epc) Mirage International Inc (oc) | 1 | $2.5M |
| Tropical Inn | 1 | $2.1M |
Key West, FL has received 204 SBA loans totaling $110.4M in approved funding between 1992 and 2026. The 7(a) program accounts for 193 loans (95% of the total), supporting 1,189 jobs. The 504 program, focused on real estate and large equipment, has funded 11 loans totaling $11.1M. The most common industry receiving SBA funding is Accommodation & Food Services. The most active SBA lender in Key West is First Horizon Bank with 24 loans. That works out to 79.0 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
1
Total Population
36,091
Avg Median Income
$79,038
Avg Home Value
$766,400
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 33040 | 36,091 | $79,038 | $766,400 | $2,079 | 17.7 |
Key West, FL has 1 ZIP code with a combined population of 36,091. The average median household income across all ZIP codes is $79,038. The average median home value is $766,400. The average median monthly rent is $2,079.
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