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Key West Florida Real Estate By Jennifer Hershey

Key West Florida Real Estate

Key West, Florida, is located in Monroe County, 117 miles SW of Kendall, Florida and 396 miles S of Jacksonville, Florida. Key West has a population of 25,478.

Key West Homes

Key West properties pool is 11,017 residential properties including Key West new homes. Median age of real estate in Key West is 1959. Average Household size is 2.84 people. 9% are one bedroom homes, 46% are 2 bedroom homes, 34% are 3 bedroom homes, 8% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Key West Mortgage Statistics

Key West mortgages vs. USA median statistics

Homes Key West USA
Homes With No Mortgage 38%
30%
Homes With Mortgage 62%
70%
First Mortgage Only 47%
54%
First & Second Mortgage or HELOC 15%
16%

Key West Area Real Estate Tax

Key West Real estate Tax: Median Real Estate Taxes (2000) were $2,067 comparing to 1999 Median Family income $ 50,895. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Key West School District: Children make up 16% of Key West population. Key West has 4,072 under 18 years old residents, or 0.28 kids per one worker, or 0.37 kids per one household.

Key West Real Estate & Key West Homeownership

There are 3415.27 or 31% one person households, 4296.63 or 39% two person households, and 1652.55 or 15% three person households in Key West, Florida. Median residents age is 38.9, Senior citizens (65+) make up 2,990 or 11.7%% of Key West population.

There are 14,611 workers (over 16 years of age) in Key West. Of these, 66.68% drive to work. Approximately 1.2% of workers in Key West take public transportation. An estimated 7.98% walk to work.

Median Key West homeowner's housing expences are 23.8%

Crime in Key West (2003), crimes per 10,000 residents per year

Type of Crime Key West USA, 2003
Violent Crimes
59.66
47.5
Robberies
27.08
14.2
Aggravated Assaults
29.04
29.5
Property Crimes
737.5
358.8
Burglaries
150.72
74.0
Larceny-Thefts
524.37
241.5
Motor Vehicle Thefts
62.41
43.3

Invest in Key West Properties

When making a decision about buying real estate in Key West Florida area, you should consider following statistical data:

Category Key West USA
Near Medium City
Kendall, Florida
-
Near Large City
Jacksonville, Florida
-
Key West Zip Codes
33040
-
Key West Area Codes
305
-
White population
84.94%
75.1%
African-American population
9.28%
12.3%
Asian
1.29%
3.6%
American Indian & Alaskan
0.39%
0.9%
Hispanic (of any race)
16.54%
12.5%
Median Family Income (1999)
$ 50,895%
$42,000
Population Below Poverty Level
9.95%
12.4%

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