Marco Island city, FL Profile: Facts & Data

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Marco Island city, Florida - Basic Facts

The City of Marco Island had a population of 17,981 as of July 1, 2020. Marco Island city ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Marco Island city is located at latitude 25.9329 and longitude -81.7039 in Collier County. The formal boundaries for the City of Marco Island encompass a land area of 12.15 sq. miles and a water area of 10.65 sq. miles.

The City of Marco Island (GNIS ID: 2405015) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Marco Island is located within Marco Island CCD of Collier County.


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Marco Island city, FL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 17,981 (100%)
Population in Households 17,979 (100.0%)
Population in Families 14,225 (79.1%)
Population in Group Quarters1 2 ( 0.0%)
Population Density 1,479
Diversity Index2 25
 
 

INCOME

Median Household Income $91,515
Average Household Income $136,816
% of Income for Mortgage4 27%
Per Capita Income $69,749
Wealth Index5 276
 

HOUSING

Total HU (Housing Units) 18,924 (100%)
Owner Occupied HU 7,664 (40.5%)
Renter Occupied HU 1,480 ( 7.8%)
Vacant Housing Units 9,780 (51.7%)
Median Home Value $599,748
Average Home Value $741,114
Housing Affordability Index3 89
 

HOUSEHOLDS

Total Households 9,144
Average Household Size 1.97
Family Households 6,112
Average Family Size 2
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.89% 1.29%
Households 1.07% 1.36%
Families 0.85% 1.28%
Median Household Income   2.2%
Per Capita Income   2.34%
Owner Occupied HU   1.45%

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Marco Island city, FL - Peer Comparisons by Rank and Percentile

The table below compares Marco Island city to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 215 77th
Population Density # 499 46th
Median Household Income # 83 91st
Housing Affordability Index # 93 10th
Per Capita Income # 38 96th
Diversity Index # 753 18th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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