Big Pine Key, FL Profile: Facts & Data

The Big Pine Key CDP⁽¹⁾ had a population of 4,718 as of July 1, 2024. Big Pine Key ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Big Pine Key is located at latitude 24.6699 and longitude -81.354 in Monroe County. The formal boundaries for the Big Pine Key Census Designated Place encompass a land area of 10.2 sq. miles and a water area of 0.11 sq. miles. Monroe County is in the Eastern time zone (GMT -5).

The Big Pine Key Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Big Pine Key Census Designated Place is located within Lower Keys CCD of Monroe County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Big Pine Key, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	4,718 (100%)
Population in Households	4,707 (99.8%)
Population in Families	3,535 (74.9%)
Population in Group Quarters¹	11 ( 0.2%)
Population Density	462
Diversity Index²	46


INCOME
Median Household Income	$80,866
Average Household Income	$108,074
% of Income for Mortgage⁴	44%
Per Capita Income	$51,018
Wealth Index⁵	117
Socioeconomic Status Index⁶	Moderate (49.6)

HOUSING
Total HU (Housing Units)	3,184 (100%)
Owner Occupied HU	1,740 (54.6%)
Renter Occupied HU	487 (15.3%)
Vacant Housing Units	957 (30.1%)
Median Home Value	$574,027
Average Home Value	$633,103
Housing Affordability Index³	58

HOUSEHOLDS
Total Households	2,227
Average Household Size	2.11
Family Households	1,346
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Big Pine Key, FL - Peer Comparisons by Rank and Percentile

The table below compares Big Pine Key to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.01%	0.13%
Households	1.40%	0.58%
Families		0.40%
Median Household Income		4.27%
Per Capita Income		3.71%
Owner Occupied HU		1.00%

Variable Description	Rank	Percentile
Total Population	# 503	47th
Population Density	# 758	21st
Median Household Income	# 344	64th
Housing Affordability Index	# 173	18th
Per Capita Income	# 259	73rd
Diversity Index	# 627	35th

Big Pine Key, FL Profile: Facts & Data

Big Pine Key, Florida - Basic Facts

Big Pine Key, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Big Pine Key, FL - Peer Comparisons by Rank and Percentile

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