Key Colony Beach is a tiny coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 845 people and just one neighborhood, Key Colony Beach is the 424th largest community in Florida.
Real Estate Prices
Key Colony Beach home prices are not only among the most expensive in Florida, but Key Colony Beach real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Key Colony Beach is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Key Colony Beach is a city of sales and office workers, service providers and construction workers and builders. There are especially a lot of people living in Key Colony Beach who work in sales jobs (25.13%), maintenance occupations (13.57%) and office and administrative support (10.55%).
Setting & Lifestyle
Another notable thing is that Key Colony Beach is a major vacation destination. Much of the city’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 Colony Beach’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
In addition, Key Colony Beach is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
One of the nice things about Key Colony Beach is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 10.61 minutes getting to work every day.