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Moving Guides/Key West-Key Largo

Moving to Key West-Key Largo

What you need to know before relocating to Key West-Key Largo, Florida. Data-driven insights on housing, jobs, safety, and quality of life.

Is Key West-Key Largo a Good Place to Live?

Key West-Key Largo presents a mixed picture. Prospective residents should weigh the tradeoffs carefully. Key considerations: rent ($2,091/mo) is above the national average; home prices ($806,100) are above the us median.

Key West-Key Largo at a Glance

Population
81K
Median Income
$88,870
Median Rent
$2,091/mo
Median Home Price
$806,100
Unemployment
2.1%
Avg Commute
36710 min

Cost of Living in Key West-Key Largo

The median rent in Key West-Key Largo is $2,091/month, while the median home value is $806,100. With a median household income of $88,870, residents spend roughly 28% of monthly income on rent.

Overall, the Key West-Key Largo metro area is classified as very expensive compared to other US metros.

Rent vs. National Avg
49% above
Home Price vs. National Avg
164% above

Job Market

Key West-Key Largo has a median household income of $88,870, which is 19% above the national median. The local unemployment rate is 2.1%, compared to the national average of 3.7%.

Safety in Key West-Key Largo

The violent crime rate in Key West-Key Largo is 290 per 100,000 residents, which is 24% below the national average of 380.

Property crime rate: 1516 per 100,000 residents.

Education in Florida

Florida has a high school graduation rate of 90% and per-pupil spending of $12,415/year. The student-to-teacher ratio is 16:1.

34% of Florida adults hold a bachelor's degree or higher.

Healthcare Access

Florida has 265 physicians per 100,000 residents, a 10.9% uninsured rate, and 2.6 hospital beds per 1,000 people. Life expectancy in Florida is 77.8 years.

Pros and Cons of Living in Key West-Key Largo

+Pros

  • Median household income ($88,870) exceeds the national median
  • Low unemployment rate (2.1%) signals a strong job market

-Cons

  • Rent ($2,091/mo) is above the national average
  • Home prices ($806,100) are above the US median
  • Longer-than-average commute (36710 min)

Frequently Asked Questions

Is Key West-Key Largo a good place to live?

Key West-Key Largo has both advantages and drawbacks. Prospective residents should weigh rent ($2,091/mo) is above the national average and home prices ($806,100) are above the us median against other lifestyle factors.

What is the cost of living in Key West-Key Largo?

The median rent in Key West-Key Largo is $2,091/month and the median home value is $806,100. The median household income is $88,870. Overall the metro is considered very expensive.

Is Key West-Key Largo safe?

Key West-Key Largo has a violent crime rate of 290 incidents per 100,000 residents. The national average is approximately 380 per 100,000.

What is the job market like in Key West-Key Largo?

Key West-Key Largo has an unemployment rate of 2.1%, compared to the national average of 3.7%. The median household income is $88,870.

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