Key Colony Beach, FL Profile: Facts & Data

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Key Colony Beach, Florida - Basic Facts

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The City of Key Colony Beach had a population of 793 as of July 1, 2018. Key Colony Beach 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 Key Colony Beach is located at latitude 24.7234 and longitude -81.0216 in Monroe County. The formal boundaries for the City of Key Colony Beach (see map below) encompass a land area of 0.44 sq. miles and a water area of 0.21 sq. miles. Monroe County is in the Eastern time zone (GMT -5). The elevation is 3 feet.

The City of Key Colony Beach (GNIS ID: 2404825) 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 Key Colony Beach is located within Middle Keys CCD of Monroe County.

Beneath the boundary map are tables with Key Colony Beach population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2018.


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Key Colony Beach, FL Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 793
Population in Households 779
Population in Familes 551
Population in Group Qrtrs 14
Population Density1 1,802
Diversity Index2 19
 

INCOME

Median Household Income $61,474
Average Household Income $106,914
Per Capita Income $55,178

HOUSING

Total Housing Units 1,430 (100%)
Owner Occupied HU 302 (21.1%)
Renter Occupied HU 127 ( 8.9%)
Vacant Housing Units 1,001 (70.0%)
Median Home Value $625,000
Average Home Value $719,850
 

HOUSEHOLDS

Total Households 429
Average Household Size 1.82
Family Households 250
Average Family Size 2
NOTES
  1. Population Density = Total Population per square mile.
  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 race 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.05% -0.33%
Households -0.06% -0.42%
Families 0.25% -0.48%
Median Household Income   2.01%
Per Capita Income   2.42%

Key Colony Beach, FL - Peer Comparisons by Rank and Percentile

The table below compares Key Colony Beach to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2018 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 # 778 15th
Population Density # 426 54th
Diversity Index # 812 12th
Median Household Income # 230 75th
Per Capita Income # 67 93rd

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

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