Living in Cudjoe Key, Florida
Cost of living, income, home prices, rent and demographics of Cudjoe Key · Census data 2020–2024
Cudjoe Key has 2,492 residents with a median age of 54.4. The median household income is $87,500 (17% higher than the Florida median), the median home value is $857,400, the median rent is $1,864/month.
Cudjoe Key at a glance
- Population
- 2,492
- Median age
- 54.4State: 42.6
- Median household income
- $87,500State: $74,568
- Median home value
- $857,400State: $359,000
- Median rent
- $1,864/moState: $1,669
- Homeowners
- 79.2%
- Bachelor's degree or higher
- 40.7%
- Average commute
- 31 min
Is Cudjoe Key a good place to live?
Pros: Median household income 17% higher than the Florida median; unemployment of 2.5%; a poverty rate of 8.6%.
Cons: Home values 139% higher than the state median; an average commute of 31 minutes.
The weather is best in December to March.
Cost of living in Cudjoe Key
Housing is the biggest part of the cost of living. In Cudjoe Key the median home value is $857,400, 158% higher than the U.S. median. Renters pay a median of $1,864 per month, which is 35.7% of household income. Homeowners with a mortgage pay $3,454 a month in housing costs.
Cudjoe Key median household income
The median household income in Cudjoe Key is $87,500 and the income per person is $54,624. 8.6% of residents live below the poverty line (Florida: 12.6%).
Housing in Cudjoe Key: homes for sale and rent
- Housing units
- 1,644
- Owner-occupied
- 79.2%
- Renter-occupied
- 20.8%
- Vacant
- 35.3%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.34
35.3% of homes are vacant most of the year, a sign that Cudjoe Key has many vacation and second homes.
Cudjoe Key demographics
- Population
- 2,492
- Median age
- 54.4
- Under 18
- 13.2%
- 65 and older
- 35%
- Households
- 1,064
- Foreign-born
- 12.1%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Cudjoe Key ›
Education in Cudjoe Key
40.7% of adults 25 and older in Cudjoe Key have a bachelor's degree or higher (Florida: 34.1%), and 16.5% have a graduate or professional degree.
Jobs and commute in Cudjoe Key
- Unemployment rate
- 2.5%State: 4.8%
- Average commute
- 31 minState: 28 min
- Work from home
- 18.5%
- Drive alone
- 66.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93.8%
Cudjoe Key vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cudjoe Key | 2,492 | $87,500 | $857,400 | $1,864 |
| Big Pine Key | 4,258 | $110,134 | $637,000 | $1,724 |
| Big Coppitt Key | 3,109 | $105,139 | $534,500 | $2,420 |
| Stock Island | 4,162 | $65,515 | $517,500 | $2,013 |
| Key West | 25,720 | $87,037 | $852,400 | $2,220 |
| Marathon | 9,914 | $89,355 | $725,800 | $1,633 |
| Key Colony Beach | 511 | $94,231 | $919,800 | $1,929 |
| Duck Key | 647 | $156,719 | $1,051,000 | $2,974 |
| Layton | 118 | $149,583 | $842,400 | $1,833 |
More for people moving to Cudjoe Key
Cudjoe Key ZIP code ›Weather and climate ›Living in Cudjoe Key: FAQ
What is the median household income in Cudjoe Key, FL?
The median household income in Cudjoe Key is $87,500, 17% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cudjoe Key?
The median home value in Cudjoe Key is $857,400, compared with $359,000 in Florida.
How much is rent in Cudjoe Key?
The median gross rent in Cudjoe Key is $1,864 per month, about 35.7% of household income.
Is Cudjoe Key, FL a good place to live?
Pluses: median household income 17% higher than the Florida median; unemployment of 2.5%; a poverty rate of 8.6%. Minuses: home values 139% higher than the state median; an average commute of 31 minutes.
What is the median age in Cudjoe Key?
The median age in Cudjoe Key is 54.4 years (Florida: 42.6).
How long is the commute in Cudjoe Key?
The average commute to work in Cudjoe Key is 31 minutes; 18.5% of workers work from home.
What is the unemployment rate in Cudjoe Key?
The unemployment rate in Cudjoe Key is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cudjoe Key?
40.7% of adults in Cudjoe Key have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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