Key Biscayne is a somewhat small coastal village (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 12,846 people and four constituent 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.
Key Biscayne is a decidedly white-collar village, with fully 97.41% of the workforce employed in white-collar jobs, well above the national average. Overall, Key Biscayne is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Key Biscayne who work in management occupations (28.08%), sales jobs (20.18%), and business and financial occupations (8.31%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.43% 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.
Another notable thing is that Key Biscayne is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the village experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller village.
Key Biscayne 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.
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 73.54% 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 2018 was $78,678, which is wealthy relative to Florida and the nation. This equates to an annual income of $314,712 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 69.06% 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 Asian. Important ancestries of people in Key Biscayne include Italian, German, French, Irish, and English.
Foreign born people are also an important part of Key Biscayne's cultural character, accounting for 51.25% of the village’s population.
The most common language spoken in Key Biscayne is Spanish. Other important languages spoken here include English and Portuguese.