Key West, FL · standard
ZIP Code 33040
Monroe County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 32,891
- 686/sq mi
- $86,586
- Median income
- $819,400
- Median home value
- 38.2%
- Bachelor's or higher
National ZIP placement
Key West pairs an above-median household income with top-decile home values, in a low-density, mixed-tenure area.
- Top 30%
- household income, US ZIPs
- Top 4%
- home value, US ZIPs
- 686
- people per sq mi
- 50%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 33040 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 33040 (Key West, FL) fell -2.0% from 2023 to 2024. The all-transactions index moved from 344.8 in 2023 to 337.9 in 2024 (2000 = 100).
ZIP code 33040 is a densely settled ZIP (a standard USPS delivery area) in Key West, Monroe County, Florida, with 32,891 residents across 47.9 square miles, a density of 686 people per square mile, in the New York time zone.
ZIP 33040 lands in the middle-income range, with a median household income of $86,586 (12% above the average Florida ZIP), while per-capita income is $57,545. The poverty rate is 10.0%, with unemployment at 2.6%; those measures add context to the income figure. Median home value is $819,400 (118% above the average Florida ZIP) and median rent is $2,167; 50.2% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 38.2% of adults hold a bachelor's degree or higher, the median age is 43.8, and the average commute is 16 minutes. No nearby ZIP peer set is available for this delivery area, so the Florida and national benchmarks above are the appropriate context for 33040.
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 →
Top industries in ZIP 33040
Top 5 sectors by establishment count in Key West, FL
Which industries have the most business establishments in ZIP 33040.
- Accommodation and food services
Accommodation and food services
312 establishments
- Retail trade
Retail trade
311 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
185 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
175 establishments
- Construction
Construction
136 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 33040, Key West, 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
32,891
Population
47.9
Area (sq mi)
686
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 33040?
43.8
Median Age
51.8%
Male
48.2%
Female
23.1%
Foreign-Born
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?
$86,586
Median Household Income
+12% vs state ZIP avg
$57,545
Per Capita Income
10.0%
Poverty Rate
2.6%
Unemployment Rate
15.8 min
Mean Commute Time
How ZIP 33040 ranks nationally
Key West, FL household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$86,586 Top 30% higher than 70% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
19,404housing units
19,404
Total Housing Units
14,574
Occupied Units
4,830
Vacant Units
2.35
Avg Household Size
Occupancy Type
$819,400
Median Home Value
+118% vs state ZIP avg
$2,167
Median Rent
1974
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-2.0%
YoY Change (2024)
338
HPI Index (2000 = 100)
+238%
Total Change Since 2000
Home values in ZIP 33040 have decreased 2.0% over the past year (2024). Since 2000, this ZIP has seen +238% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.7% | 236 |
| 2021 | +12.1% | 265 |
| 2022 | +19.6% | 316 |
| 2023 | +9.0% | 345 |
| 2024 | -2.0% | 338 |
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 1,787 business establishments in ZIP 33040, employing approximately 17,382 people with a combined annual payroll of $856,803,000.
1,787
Businesses
17,382
Employees
$856.8M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 312 | 17.5% |
| Retail trade | 311 | 17.4% |
| Professional, scientific, and technical services | 185 | 10.3% |
| Real estate and rental and leasing | 175 | 9.8% |
| Construction | 136 | 7.6% |
| Other services (except public administration) | 127 | 7.1% |
| Health care and social assistance | 112 | 6.3% |
| Administrative and support and waste management and remediation services | 100 | 5.6% |
| Transportation and warehousing | 84 | 4.7% |
| Arts, entertainment, and recreation | 81 | 4.5% |
| Finance and insurance | 49 | 2.7% |
| Wholesale trade | 36 | 2.0% |
| Manufacturing | 31 | 1.7% |
| Information | 18 | 1.0% |
| Educational services | 17 | 0.9% |
| Agriculture, forestry, fishing and hunting | 9 | 0.5% |
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 33040, 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 (32,891 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.