Key Largo, FL · standard

ZIP Code 33037

Monroe County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

11,612
133/sq mi
$86,533
Median income
$683,000
Median home value
41.7%
Bachelor's or higher

National ZIP placement

Key Largo pairs an above-median household income with top-decile home values, in a rural, homeowner-dominated area.

Top 30%
household income, US ZIPs
Top 7%
home value, US ZIPs
133
people per sq mi
79%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 33037 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 33037 (Key Largo, FL) rose +7.2% from 2023 to 2024. The all-transactions index moved from 426.9 in 2023 to 457.6 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 33037 is a mid-sized community (a standard USPS delivery area) in Key Largo, Monroe County, Florida, home to 11,612 residents across 87.6 square miles, a density of 133 people per square mile, in the New York time zone.

ZIP 33037 lands in the middle-income range, with a median household income of $86,533 (12% above the average Florida ZIP), while per-capita income is $64,917. The poverty rate is 12.0%, with unemployment at 3.7%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $683,000 (82% above the average Florida ZIP), while 79.2% of occupied homes are owner-occupied and median rent is $1,899.

A solid share of residents have a four-year degree: 41.7% of adults hold a bachelor's degree or higher, the median age is 53.2, and the average commute is 26 minutes. No nearby ZIP peer set is available for this delivery area, so the Florida and national benchmarks above are the appropriate context for 33037.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

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Top industries in ZIP 33037

Top 5 sectors by establishment count in Key Largo, FL

Which industries have the most business establishments in ZIP 33037.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 33037, Key Largo, FL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

11,612

Population

87.6

Area (sq mi)

133

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 33037?

53.2

Median Age

50.4%

Male

49.6%

Female

21.0%

Foreign-Born

White 69.8%
African American 3.4%
Asian 0.2%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 18.4%
Hispanic or Latino 29.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$86,533

Median Household Income

+12% vs state ZIP avg

$64,917

Per Capita Income

12.0%

Poverty Rate

3.7%

Unemployment Rate

25.8 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 69.2%
Bachelor's Degree or Higher 41.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

10,568

Total Housing Units

6,083

Occupied Units

4,485

Vacant Units

2.41

Avg Household Size

Occupancy Type

Owner 79.2%
Renter 20.8%

$683,000

Median Home Value

+82% vs state ZIP avg

$1,899

Median Rent

1983

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.2%

YoY Change (2024)

458

HPI Index (2000 = 100)

+358%

Total Change Since 2000

Home values in ZIP 33037 have increased 7.2% over the past year (2024). Since 2000, this ZIP has seen +358% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.8% 273
2021 +16.4% 318
2022 +27.0% 403
2023 +5.8% 427
2024 +7.2% 458

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 689 business establishments in ZIP 33037, employing approximately 6,908 people with a combined annual payroll of $335,360,000.

689

Businesses

6,908

Employees

$335.4M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Retail trade 100 14.5%
Real estate and rental and leasing 90 13.1%
Accommodation and food services 90 13.1%
Construction 82 11.9%
Professional, scientific, and technical services 80 11.6%
Other services (except public administration) 60 8.7%
Health care and social assistance 41 6.0%
Administrative and support and waste management and remediation services 32 4.6%
Finance and insurance 29 4.2%
Transportation and warehousing 26 3.8%
Arts, entertainment, and recreation 23 3.3%
Manufacturing 12 1.7%
Wholesale trade 10 1.4%
Information 6 0.9%
Educational services 4 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 33037, both outside FL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (11,612 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Monroe County

Frequently Asked Questions

What county is ZIP code 33037 in?
ZIP code 33037 (Key Largo) is located in Monroe County, Florida. Monroe County contains multiple ZIP codes, see the full list at /counties/monroe-fl.
What is the population of ZIP code 33037?
ZIP code 33037 in Key Largo, FL has a population of 11,612 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 33037?
The median household income in ZIP 33037 is $86,533, which is 13% above the national average of $76,288.
What is the average home value in ZIP 33037?
The median home value in ZIP 33037 is $683,000, which is 146% above the national average of $278,155.
What is the demographic makeup of ZIP 33037?
The largest racial group in ZIP 33037 is White at 69.8%. Hispanic or Latino residents make up 29.0% of the population.
How many businesses are in ZIP code 33037?
ZIP code 33037 has 689 business establishments employing approximately 6,908 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 33037?
The top industries by establishment count in ZIP 33037 are: Retail trade (100), Real estate and rental and leasing (90), Accommodation and food services (90). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 33037?
According to the FHFA House Price Index, home values in ZIP 33037 increased by 7.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 358%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 33037?
In ZIP code 33037, 69.2% of residents aged 25+ have a high school diploma or higher, and 41.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 33037?
The mean commute time for workers in ZIP code 33037 is 25.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 33037?
In ZIP code 33037, approximately 79.2% of occupied housing units are owner-occupied and 20.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 33037?
The poverty rate in ZIP code 33037 is 12.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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Read our methodology : how this data is sourced, computed, and verified.