Longboat Key is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 7,505 people and three constituent neighborhoods, Longboat Key is the 235th largest community in Florida.
Longboat Key home prices are not only among the most expensive in Florida, but Longboat Key real estate also consistently ranks among the most expensive in America.
Longboat Key is a decidedly white-collar town, with fully 91.97% of the workforce employed in white-collar jobs, well above the national average. Overall, Longboat Key is a town of managers, sales and office workers, and professionals. There are especially a lot of people living in Longboat Key who work in management occupations (28.65%), office and administrative support (12.37%), and business and financial occupations (11.65%).
Telecommuters are a relatively large percentage of the workforce: 37.36% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 Longboat Key is a major vacation destination. Much of the town’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, Longboat Key’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
In addition, Longboat Key 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 Longboat Key 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.
In Longboat Key, a lot of people use taxis to get to work every day though Longboat Key is a relatively small town. Those that ride taxis are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Longboat Key is a pretty powerful place. 65.43% of the adults in Longboat Key have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Longboat Key in 2018 was $101,176, which is wealthy relative to Florida and the nation. This equates to an annual income of $404,704 for a family of four.
The people who call Longboat Key home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Longboat Key residents report their race to be White, followed by Asian. Important ancestries of people in Longboat Key include German, English, Irish, Italian, and Russian.
Foreign born people are also an important part of Longboat Key's cultural character, accounting for 15.73% of the town’s population.
The most common language spoken in Longboat Key is English. Other important languages spoken here include French and Slavic languages.