Key Largo is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 12,447 people and five associated neighborhoods, Key Largo is the 196th largest community in Florida.

Key Largo home prices are not only among the most expensive in Florida, but Key Largo real estate also consistently ranks among the most expensive in America.

Telecommuters are a relatively large percentage of the workforce: 8.42% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

Another notable thing is that Key Largo is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Key Largo’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Key Largo is worth considering.

Key Largo is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

The population of Key Largo is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 36.61% of adults in Key Largo have a bachelor's degree or even advanced degree.

The per capita income in Key Largo in 2022 was $50,723, which is upper middle income relative to Florida, and wealthy relative to the rest of the US. This equates to an annual income of $202,892 for a family of four. However, Key Largo contains both very wealthy and poor people as well.

Key Largo is an extremely ethnically-diverse town. The people who call Key Largo home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Key Largo residents report their race to be White, followed by Black or African-American. Key Largo also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 29.76% of the town’s residents. Important ancestries of people in Key Largo include Irish, English, German, French, and Italian.

Key Largo also has a high percentage of its population that was born in another country: 22.75%.

The most common language spoken in Key Largo is English. Other important languages spoken here include Spanish and German/Yiddish.