Key Biscayne is a medium-sized coastal village (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 14,414 people and six associated neighborhoods, Key Biscayne is the 176th largest community in Florida.
Key Biscayne home prices are not only among the most expensive in Florida, but Key Biscayne real estate also consistently ranks among the most expensive in America.
Of important note, Key Biscayne is also a village of artists. Key Biscayne has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Key Biscayne’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 31.85% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One of the nice things about Key Biscayne is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Do you like to read, write and learn? If you move to Key Biscayne, you'll likely find that many of your neighbors like to as well. Key Biscayne is one of the more educated communities in America, with a full 74.42% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Key Biscayne in 2022 was $97,329, which is wealthy relative to Florida and the nation. This equates to an annual income of $389,316 for a family of four.
Key Biscayne is an extremely ethnically-diverse village. The people who call Key Biscayne home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Key Biscayne, accounting for 72.82% of the village’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Key Biscayne residents report their race to be White, followed by Black or African-American. Important ancestries of people in Key Biscayne include Italian, German, Brazilian, English, and Irish.
In addition, Key Biscayne has a lot of people living here who were born outside of the US (58.56%).
The most common language spoken in Key Biscayne is Spanish. Other important languages spoken here include English and Portuguese.