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Key Colony Beach, FL

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Key Colony Beach is a tiny coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 756 people and just one neighborhood, Key Colony Beach is the 441st largest community in Florida.

Key Colony Beach home prices are not only among the most expensive in Florida, but Key Colony Beach real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

Key Colony Beach is a decidedly white-collar city, with fully 97.37% of the workforce employed in white-collar jobs, well above the national average. Overall, Key Colony Beach is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in Key Colony Beach who work in sales jobs (34.21%), food service (13.16%), and management occupations (10.15%).

Also of interest is that Key Colony Beach has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Key Colony Beach is also a city of artists. Key Colony Beach has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Key Colony Beach’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.41% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Another notable thing is that Key Colony Beach is a major vacation destination. Much of the city’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Key Colony Beach’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

In addition, Key Colony Beach is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

One of the nice things about Key Colony Beach is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

Compared to the rest of the country, citizens of Key Colony Beach spend much less time in their cars: on average, their commute to work is only 13.30 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.

As is often the case in a small city, Key Colony Beach doesn't have a public transportation system that people use for their commute.

Demographics

The education level of Key Colony Beach ranks among the highest in the nation. Of the 25-and-older adult population in Key Colony Beach, 47.72% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Key Colony Beach in 2022 was $67,750, which is wealthy relative to Florida and the nation. This equates to an annual income of $271,000 for a family of four. However, Key Colony Beach contains both very wealthy and poor people as well.

The people who call Key Colony Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Key Colony Beach residents report their race to be White. Important ancestries of people in Key Colony Beach include English, Irish, German, Polish, and Italian.

The most common language spoken in Key Colony Beach is English. Other important languages spoken here include Polish and Italian.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Key Colony Beach, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 64.8%, which is higher than 99.5% of all U.S. neighborhoods.

Furthermore, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the neighborhood could be your paradise. With 24.1% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

People

In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.9% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit.

Also, there is an especially high percentage of incarcerated people (1.6%) living in the neighborhood.

Modes of Transportation

More people in choose to walk to work each day (15.4%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.5% of residents in the neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Diversity

Did you know that the neighborhood has more Cuban and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.9% of this neighborhood's residents have Cuban ancestry and 1.8% have Lebanese ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Key Colony Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.4% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the neighborhood, 45.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 34.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.3%), and 8.9% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the neighborhood is English, spoken by 86.6% of households. Some people also speak Spanish (12.5%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Key Colony Beach, FL, residents most commonly identify their ethnicity or ancestry as English (18.4%). There are also a number of people of Cuban ancestry (14.9%), and residents who report Irish roots (13.7%), and some of the residents are also of German ancestry (12.8%), along with some Italian ancestry residents (10.1%), among others. In addition, 18.9% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (56.6% of working residents), one of the shortest commutes across America.

Here most residents (57.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (15.4%) and 8.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Economics & Demographics include:
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Commute To Work
Migration & Mobility
Race & Ethnic Diversity
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Higher Education Attainment
Crime includes:
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Schools include:
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