Living in North Key Largo, Florida

Cost of living, income, home prices, rent and demographics of North Key Largo · Census data 2020–2024

North Key Largo has 1,808 residents with a median age of 67.7. The median household income is $149,605 (101% higher than the Florida median), the median home value is $2,000,001.

North Key Largo at a glance

Population
1,808
Median age
67.7State: 42.6
Median household income
$149,605State: $74,568
Median home value
$2,000,001State: $359,000
Homeowners
94.1%
Bachelor's degree or higher
56.3%
Average commute
17 min

Is North Key Largo a good place to live?

Pros: Median household income 101% higher than the Florida median; an average commute of 17 minutes; unemployment of 2.6%.

Cons: Home values 457% higher than the state median; a poverty rate of 28.1%.

The weather is best in December to March.

Cost of living in North Key Largo

Housing is the biggest part of the cost of living. In North Key Largo the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

North Key Largo$2,000,001
Florida$359,000
United States$332,700

Median monthly rent

Florida$1,669
United States$1,413

North Key Largo median household income

The median household income in North Key Largo is $149,605 and the income per person is $149,373. 28.1% of residents live below the poverty line (Florida: 12.6%).

Median household income

North Key Largo$149,605
Florida$74,568
United States$80,734

Housing in North Key Largo: homes for sale and rent

Housing units
1,797
Owner-occupied
94.1%
Renter-occupied
5.9%
Vacant
52.3%Includes seasonal homes
Median year built
1986
Average household size
2.03

52.3% of homes are vacant most of the year, a sign that North Key Largo has many vacation and second homes.

North Key Largo demographics

Population
1,808
Median age
67.7
Under 18
0%
65 and older
60%
Households
858
Foreign-born
12.1%
Veterans
14.5%Adults 18+

Race and ethnicity

White79.9%
Hispanic or Latino3.1%
Black14.8%
Asian0.4%

Hispanic or Latino can be of any race. Population history of North Key Largo ›

Education in North Key Largo

56.3% of adults 25 and older in North Key Largo have a bachelor's degree or higher (Florida: 34.1%), and 29.6% have a graduate or professional degree.

Bachelor's degree or higher

North Key Largo56.3%
Florida34.1%
United States35.7%

Jobs and commute in North Key Largo

Unemployment rate
2.6%State: 4.8%
Average commute
17 minState: 28 min
Work from home
21.5%
Drive alone
23.6%
Public transit
5.1%
Walk to work
9%
Homes with broadband
71.7%

North Key Largo vs nearby towns

TownPopulationMedian incomeHome valueRent
North Key Largo1,808$149,605$2,000,001—
Key Largo13,026$85,778$643,900$1,887
Florida City12,943$47,482$399,200$1,362
Homestead82,807$65,423$380,000$1,674
Homestead Base1,125$7,969——
Leisure City27,808$41,977$375,100$1,723
Naranja15,796$53,984$372,100$1,713
Tavernier2,413$50,256$613,700$1,966
Princeton42,625$83,426$426,900$1,647

More for people moving to North Key Largo

North Key Largo ZIP code ›Weather and climate ›

Living in North Key Largo: FAQ

What is the median household income in North Key Largo, FL?

The median household income in North Key Largo is $149,605, 101% 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 North Key Largo?

The median home value in North Key Largo is $2,000,001, compared with $359,000 in Florida.

Is North Key Largo, FL a good place to live?

Pluses: median household income 101% higher than the Florida median; an average commute of 17 minutes; unemployment of 2.6%. Minuses: home values 457% higher than the state median; a poverty rate of 28.1%.

What is the median age in North Key Largo?

The median age in North Key Largo is 67.7 years (Florida: 42.6).

How long is the commute in North Key Largo?

The average commute to work in North Key Largo is 17 minutes; 21.5% of workers work from home.

What is the unemployment rate in North Key Largo?

The unemployment rate in North Key Largo is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is North Key Largo?

56.3% of adults in North Key Largo 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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