Longboat Key is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 7,574 people and three associated neighborhoods, Longboat Key is the 235th largest community in Florida. Longboat Key home prices are not only among the most expensive in Florida, but Longboat Key real estate also consistently ranks among the most expensive in America.Longboat Key is a decidedly white-collar town, with fully 90.60% of the workforce employed in white-collar jobs, well above the national average. Overall, Longboat Key is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Longboat Key who work in management occupations (20.98%), sales jobs (16.56%), and business and financial occupations (8.49%). Also of interest is that Longboat Key has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 41.52% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. Another notable thing is that Longboat Key is a major vacation destination. Much of the town’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, Longboat Key’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live. In addition, Longboat Key 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. Longboat Key is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities. If knowledge is power, Longboat Key is a pretty powerful place. 66.62% of the adults in Longboat Key have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Longboat Key in 2022 was $127,989, which is wealthy relative to Florida and the nation. This equates to an annual income of $511,956 for a family of four. The people who call Longboat Key home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Longboat Key residents report their race to be White, followed by Asian. Important ancestries of people in Longboat Key include German, English, Irish, Italian, and Russian. Longboat Key also has a high percentage of its population that was born in another country: 15.14%. The most common language spoken in Longboat Key is English. Other important languages spoken here include Spanish and Slavic languages.