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Economy & jobs
Statistics · City
estimate
Median household income in Key West
2013 – 2024 · 12 data points
140 of 386 · Towns of Florida
Updated Nov 8, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$87,037
+11%
since 2023 ± $11,382 · margin of error
Towns of Florida · 2024
140 of 386
Place 1 is the highest value.
since 2014
+60%
+4.5% a year on average
vs Monroe County
−0.8%
Monroe County: $87,738 · 2024
Median household income, 2013 – 2024 US Dollar · Key West · Monroe County · Florida · United States
+60% since 2014
$40,000
$60,000
$80,000
$100K
2013
2016
2018
2020
2024
Key West
Monroe County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Key West · 2013 – 2024
Latest value
$87,037 · 2024
First value
$53,796 · 2013
Highest
$87,037 · 2024
Lowest
$53,796 · 2013
Average change
+4.5% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Key West | ± | Change | Monroe County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $87,037 | $11,382 | +11% | $87,738 | $74,568 | $80,734 |
| 2023estimate | $78,532 | $7,550 | −2.8% | $82,430 | $71,711 | $78,538 |
| 2022estimate | $80,828 | $9,144 | +6.9% | $80,111 | $67,917 | $75,149 |
| 2021estimate | $75,638 | $8,765 | +3.6% | $73,153 | $61,777 | $69,021 |
| 2020estimate | $73,029 | $8,664 | +4.9% | $72,012 | $57,703 | — |
| 2019estimate | $69,630 | $3,144 | +2.8% | $70,033 | $55,660 | — |
| 2018estimate | $67,712 | $3,477 | +9.1% | $67,023 | $53,267 | — |
| 2017estimate | $62,052 | $4,460 | +6.1% | $63,030 | $50,883 | — |
| 2016estimate | $58,494 | $3,905 | +2.5% | $60,303 | $48,900 | — |
| 2015estimate | $57,042 | $2,477 | +5.0% | $57,290 | $47,507 | — |
| 2014estimate | $54,306 | $3,359 | +0.9% | $55,449 | $47,212 | — |
| 2013estimate | $53,796 | $3,091 | $53,607 | $46,956 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2023 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 1 | Golden Beach | $250K | |
| 2 | Sea Ranch Lakes | $250K | |
| 3 | Jupiter Island | $246K | |
| 4 | Parkland | $200K | |
| 5 | Pinecrest | $192K | |
| 6 | South Beach | $188K | |
| 7 | Palm Beach | $175K | |
| 8 | Key Biscayne | $173K | |
| 9 | Southwest Ranches | $157K | |
| 10 | Lake Clarke Shores | $150K | |
| 11 | Indian River Shores | $150K | |
| 12 | Tierra Verde | $149K | |
| 13 | Palmetto Bay | $143K | |
| 14 | Longboat Key | $143K | |
| 15 | Highland Beach | $142K | |
| 16 | Naples | $141K | |
| 17 | Weston | $141K | |
| 18 | Seville | $140K | |
| 19 | Jupiter Farms | $140K | |
| 20 | Westlake | $140K | |
| 21 | Fruit Cove | $138K | |
| 22 | Miami Shores | $138K | |
| 23 | Belleair Beach | $137K | |
| 24 | Duck Key | $135K | |
| 25 | Nocatee | $131K | |
| … | |||
| 163 | Panama City Beach | $78,921 | |
| 164 | Key Largo | $78,906 | |
| 165 | Bagdad | $78,603 | |
| 166 | Key West | $78,532 | |
| 167 | New Smyrna Beach | $78,373 | |
| 168 | Port St. Lucie | $78,137 | |
| 169 | Lower Grand Lagoon | $77,639 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2023
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
Economy & jobs
Statistics: Key West
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$8.3B
2024 · Monroe County
Economic growth
3.4%
2024 · Monroe County
Inflation
2.9%
2024 · United States
Unemployment rate
2.6%
2025
Unemployment rate, latest month
3.1%
Aug 2026
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
68.3%
2024
Labour force
16,507
2025
Household income per person
$64,167
2024 · Florida