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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 749 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 96.54% 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 (39.83%), food service (19.91%), and law enforcement and fire fighting (7.79%).

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.

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.

Key Colony Beach 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.

One of the benefits of Key Colony Beach is that there is very little traffic. The average commute to work is 12.50 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.

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

Key Colony Beach is one of the most well-educated cities in the nation. 43.84% of adults in Key Colony Beach have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Key Colony Beach in 2022 was $50,017, which is upper middle income relative to Florida, and wealthy relative to the rest of the US. This equates to an annual income of $200,068 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 German, English, Irish, 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. 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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 63.7% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 99.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Occupations

There are more people living in the neighborhood employed as sales and service workers (57.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

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 97.3% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit.

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

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

More people in choose to walk to work each day (11.9%) 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.

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, 16.9% of this neighborhood's residents have Cuban ancestry and 2.2% 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 middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.3% of the neighborhoods in America. With 34.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 42.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.4%), and 7.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 82.3% of households. Some people also speak Spanish (17.0%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the neighborhood in Key Colony Beach, FL, residents most commonly identify their ethnicity or ancestry as Cuban (16.9%). There are also a number of people of English ancestry (15.9%), and residents who report Irish roots (14.6%), and some of the residents are also of German ancestry (13.9%), along with some Italian ancestry residents (8.9%), among others. In addition, 22.0% 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 (62.2% of working residents), one of the shortest commutes across America.

Here most residents (71.1%) 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 (11.9%) and 7.6% 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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