Living in Longboat Key, Florida
Cost of living, income, home prices, rent and demographics of Longboat Key · Census data 2020–2024
Longboat Key has 7,539 residents with a median age of 71.2. The median household income is $158,030 (112% higher than the Florida median), the median home value is $1,022,100, the median rent is $3,501/month.
Longboat Key at a glance
- Population
- 7,539
- Median age
- 71.2State: 42.6
- Median household income
- $158,030State: $74,568
- Median home value
- $1,022,100State: $359,000
- Median rent
- $3,501/moState: $1,669
- Homeowners
- 93.6%
- Bachelor's degree or higher
- 70.3%
- Average commute
- 24 min
Is Longboat Key a good place to live?
Pros: Median household income 112% higher than the Florida median; an average commute of 24 minutes; unemployment of 1.8%; a poverty rate of 5.1%.
Cons: Home values 185% higher than the state median.
The weather is best in February–March and November–December.
Cost of living in Longboat Key
Housing is the biggest part of the cost of living. In Longboat Key the median home value is $1,022,100, 207% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 38.1% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Longboat Key median household income
The median household income in Longboat Key is $158,030 and the income per person is $155,139. 5.1% of residents live below the poverty line (Florida: 12.6%).
Housing in Longboat Key: homes for sale and rent
- Housing units
- 9,935
- Owner-occupied
- 93.6%
- Renter-occupied
- 6.4%
- Vacant
- 57.5%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 1.79
57.5% of homes are vacant most of the year, a sign that Longboat Key has many vacation and second homes.
Longboat Key demographics
- Population
- 7,539
- Median age
- 71.2
- Under 18
- 0.9%
- 65 and older
- 68.4%
- Households
- 4,222
- Foreign-born
- 13.6%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Longboat Key ›
Education in Longboat Key
70.3% of adults 25 and older in Longboat Key have a bachelor's degree or higher (Florida: 34.1%), and 36.5% have a graduate or professional degree.
Jobs and commute in Longboat Key
- Unemployment rate
- 1.8%State: 4.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 45.6%
- Drive alone
- 32.9%
- Public transit
- 3.4%
- Walk to work
- 7.7%
- Homes with broadband
- 95.5%
Longboat Key vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Longboat Key | 7,539 | $158,030 | $1,022,100 | $3,501 |
| Bayshore Gardens | 18,131 | $44,958 | $181,400 | $1,506 |
| Cortez | 5,205 | $79,895 | $392,200 | $1,894 |
| Whitfield | 4,261 | $98,348 | $470,500 | $2,113 |
| Bradenton Beach | 733 | $73,125 | $489,000 | $1,438 |
| South Bradenton | 25,990 | $48,315 | $167,200 | $1,244 |
| West Bradenton | 3,991 | $116,272 | $425,100 | $1,858 |
| West Samoset | 7,429 | $54,352 | $212,800 | $1,407 |
| Bradenton | 57,014 | $60,822 | $309,400 | $1,618 |
More for people moving to Longboat Key
Longboat Key ZIP code ›Weather and climate ›Living in Longboat Key: FAQ
What is the median household income in Longboat Key, FL?
The median household income in Longboat Key is $158,030, 112% 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 Longboat Key?
The median home value in Longboat Key is $1,022,100, compared with $359,000 in Florida.
How much is rent in Longboat Key?
The median gross rent in Longboat Key is $3,501 per month, about 38.1% of household income.
Is Longboat Key, FL a good place to live?
Pluses: median household income 112% higher than the Florida median; an average commute of 24 minutes; unemployment of 1.8%; a poverty rate of 5.1%. Minuses: home values 185% higher than the state median.
What is the median age in Longboat Key?
The median age in Longboat Key is 71.2 years (Florida: 42.6).
How long is the commute in Longboat Key?
The average commute to work in Longboat Key is 24 minutes; 45.6% of workers work from home.
What is the unemployment rate in Longboat Key?
The unemployment rate in Longboat Key is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Longboat Key?
70.3% of adults in Longboat 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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