Summerland Key, FL · standard

ZIP Code 33042

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

5,829
88/sq mi
$103,041
Median income
$856,500
Median home value
46.7%
Bachelor's or higher

National ZIP placement

Summerland Key pairs an upper-quartile household income with top-decile home values, in a rural, homeowner-dominated area.

Top 17%
household income, US ZIPs
Top 4%
home value, US ZIPs
88
people per sq mi
83%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 33042 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 33042 (Summerland Key, FL) fell -2.3% from 2023 to 2024. The all-transactions index moved from 361.4 in 2023 to 353.0 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 33042 is a mid-sized community (a standard USPS delivery area) in Summerland Key, Monroe County, Florida, home to 5,829 residents across 66.1 square miles, a density of 88 people per square mile, in the New York time zone.

ZIP 33042 lands in the middle-income range, with a median household income of $103,041 (34% above the average Florida ZIP), while per-capita income is $63,808. The poverty rate is 8.4%, with unemployment at 3.0%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $856,500 (128% above the average Florida ZIP), while 82.7% of occupied homes are owner-occupied and median rent is $2,271.

A solid share of residents have a four-year degree: 46.7% of adults hold a bachelor's degree or higher, the median age is 52.5, and the average commute is 30 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 6 more in Monroe County, so 33042 can be compared with both its immediate and county-level context.

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 33042

Top 5 sectors by establishment count in Summerland Key, FL

Which industries have the most business establishments in ZIP 33042.

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 33042, Summerland Key, 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

5,829

Population

66.1

Area (sq mi)

88

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 33042?

52.5

Median Age

52.2%

Male

47.8%

Female

9.3%

Foreign-Born

White 84.1%
African American 0.1%
Asian 0.3%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 12.7%
Hispanic or Latino 14.1%

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?

$103,041

Median Household Income

+34% vs state ZIP avg

$63,808

Per Capita Income

8.4%

Poverty Rate

3.0%

Unemployment Rate

29.6 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 68.9%
Bachelor's Degree or Higher 46.7%

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

What does housing look like?

4,757

Total Housing Units

2,820

Occupied Units

1,937

Vacant Units

2.28

Avg Household Size

Occupancy Type

Owner 82.7%
Renter 17.3%

$856,500

Median Home Value

+128% vs state ZIP avg

$2,271

Median Rent

1990

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

-2.3%

YoY Change (2024)

353

HPI Index (2000 = 100)

+253%

Total Change Since 2000

Home values in ZIP 33042 have decreased 2.3% over the past year (2024). Since 2000, this ZIP has seen +253% cumulative appreciation.

Year Annual Change HPI Index
2020 -0.3% 228
2021 +15.3% 263
2022 +27.4% 335
2023 +7.9% 361
2024 -2.3% 353

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 215 business establishments in ZIP 33042, employing approximately 1,259 people with a combined annual payroll of $59,299,000.

215

Businesses

1,259

Employees

$59.3M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Construction 36 16.7%
Professional, scientific, and technical services 34 15.8%
Real estate and rental and leasing 28 13.0%
Administrative and support and waste management and remediation services 17 7.9%
Accommodation and food services 17 7.9%
Retail trade 15 7.0%
Other services (except public administration) 15 7.0%
Transportation and warehousing 11 5.1%
Arts, entertainment, and recreation 9 4.2%
Wholesale trade 7 3.3%
Finance and insurance 6 2.8%
Health care and social assistance 6 2.8%
Manufacturing 4 1.9%
Information 4 1.9%
Educational services 4 1.9%

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

Nearby ZIP Codes

Want a side-by-side? Compare 33042 vs 33043 →

ZIP Code City Population Distance
33043 Big Pine Key, FL 4,313 9.2 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 33042, 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 (5,829 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 33042 in?
ZIP code 33042 (Summerland Key) 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 33042?
ZIP code 33042 in Summerland Key, FL has a population of 5,829 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 33042?
The median household income in ZIP 33042 is $103,041, which is 35% above the national average of $76,288.
What is the average home value in ZIP 33042?
The median home value in ZIP 33042 is $856,500, which is 208% above the national average of $278,155.
What is the demographic makeup of ZIP 33042?
The largest racial group in ZIP 33042 is White at 84.1%. Hispanic or Latino residents make up 14.1% of the population.
How many businesses are in ZIP code 33042?
ZIP code 33042 has 215 business establishments employing approximately 1,259 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 33042?
The top industries by establishment count in ZIP 33042 are: Construction (36), Professional, scientific, and technical services (34), Real estate and rental and leasing (28). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 33042?
According to the FHFA House Price Index, home values in ZIP 33042 decreased by 2.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 253%. 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 33042?
In ZIP code 33042, 68.9% of residents aged 25+ have a high school diploma or higher, and 46.7% 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 33042?
The mean commute time for workers in ZIP code 33042 is 29.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 33042?
In ZIP code 33042, approximately 82.7% of occupied housing units are owner-occupied and 17.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 33042?
The poverty rate in ZIP code 33042 is 8.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Related

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