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Key Biscayne, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
14,791
Population
$181,505
Median Income
$1,575,300
Home Value
42.2
Median Age

Demographics

Key Biscayne has a population of 14,791 with a median age of 42.2. Here is the racial and ethnic breakdown of the population:

Hispanic
70.3%
White
36.6%
Black
0.8%
Demographic Value
Total Population14,791
Median Age42.2
White36.6%
Black or African American0.8%
Asian0.1%
Hispanic or Latino70.3%
Key Biscayne, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 108.Hispanic/Latino: 65.2%White: 34.0%Other: 0.8%14,791PopulationHispanic/LatinoHispanic/Latino65.2%WhiteWhite34.0%OtherOther0.8%

Income & Economy

The median household income in Key Biscayne is $181,505, which is 125.2% above the national median of $80,610. The per capita income is $106,219. The poverty rate is 5.5%.

$181,505
Median Household Income
$106,219
Per Capita Income
5.5%
Poverty Rate

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Education

In Key Biscayne, 96.1% of residents age 25+ have a high school diploma or higher, and 77.2% hold a bachelor's degree or higher (42.2% with a graduate or professional degree).

HS Diploma+
96.1%
Bachelor's+
77.2%
Graduate+
42.2%
Education Level % of Adults (25+)
High School Diploma or Higher96.1%
Bachelor's Degree or Higher77.2%
Graduate or Professional Degree42.2%

Housing

The median home value in Key Biscayne is $1,575,300, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 66.6%.

$1,575,300
Median Home Value
$3,501/mo
Median Rent
66.6%
Homeownership Rate
Housing Metric Value
Median Home Value$1,575,300
Median Monthly Rent$3,501
Homeownership Rate66.6%
Vacancy Rate32.4%

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Frequently Asked Questions

What is the population of Key Biscayne, Florida?
The population of Key Biscayne, Florida is 14,791 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Key Biscayne, Florida?
The median household income in Key Biscayne, Florida is $181,505. This is 125.2% above the national median of $80,610.
What is the median home value in Key Biscayne, Florida?
The median home value in Key Biscayne, Florida is $1,575,300. The median monthly rent is $3,501.
What percentage of people in Key Biscayne have a college degree?
In Key Biscayne, Florida, 77.2% of adults age 25 and older hold a bachelor's degree or higher, and 96.1% have a high school diploma or higher.
Is Key Biscayne, Florida an affordable place to live?
The home price-to-income ratio in Key Biscayne, Florida is 8.7x (median home value $1,575,300 vs. median income $181,505), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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