With 25,720 people, Key West is a city in Florida. Home values have roughly tripled since 2000, reaching $852,400. At a median age of 46.1, this is an older place than the country as a whole. 49% of homes are owner-occupied. Density works out to 4,594 people per square mile. Getting to work takes 15 minutes on average.
At a glance
Wealthier
median household income $87,037, above the US median
US median: $82,259
Older
median age 46.1
US median: 38.9
More educated
41% hold a bachelor's degree
US average: 36%
Less affordable
home values up 85%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Key West
What changed most since 1990
Median home value (2024 dollars)$344,650 → $852,400(+147%)US over the same years: +67%
Median age33.8 → 46.1(+12.3 years)US over the same years: +6.0 years
Homes owned by their occupants42.1% → 49.2%(+7.1 pts)US over the same years: +0.9 pts
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)29.8%(471)
US avg: 26.4%
Gulf War (1990s)35.1%(555)
US avg: 24.3%
Vietnam era33.1%(523)
US avg: 33.1%
Korean War1.8%(29)
US avg: 4.5%
World War II0.4%(6)
US avg: 1%
Share of the 1,582 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Key West, decade by decade
Key West population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
24,832
$67,492
$344,650
20.8%
55.2
2000
25,478
$78,369
$460,332
27.3%
56.8
2010
24,649
$72,373
$804,305
28.3%
63.8
2020
26,444
$88,514
$832,307
37.8%
70.8
2024
25,720
$87,037
$852,400
41.3%
73.8
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.