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.

Median home value

Cudjoe Key$857,400
Florida$359,000
United States$332,700

Median monthly rent

Cudjoe Key$1,864
Florida$1,669
United States$1,413

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%).

Median household income

Cudjoe Key$87,500
Florida$74,568
United States$80,734

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+

Race and ethnicity

White88.4%
Hispanic or Latino11.8%
Black0%
Asian0.6%

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.

Bachelor's degree or higher

Cudjoe Key40.7%
Florida34.1%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Cudjoe Key2,492$87,500$857,400$1,864
Big Pine Key4,258$110,134$637,000$1,724
Big Coppitt Key3,109$105,139$534,500$2,420
Stock Island4,162$65,515$517,500$2,013
Key West25,720$87,037$852,400$2,220
Marathon9,914$89,355$725,800$1,633
Key Colony Beach511$94,231$919,800$1,929
Duck Key647$156,719$1,051,000$2,974
Layton118$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.

Last updated: