Most Expensive Longboat Key Neighborhoods
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 7,143 people and four constituent neighborhoods, Longboat Key is the 239th 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 95.24% of the workforce employed in white-collar jobs, well above the national average. Overall, Longboat Key is a town of managers, professionals and sales and office workers. There are especially a lot of people living in Longboat Key who work in management occupations (23.79%), sales jobs (16.26%) and business and financial occupations (11.37%).
Of important note, Longboat Key is also a town of artists. Longboat Key has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Longboat Key’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.89% 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 Longboat Key is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially 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.
Longboat Key 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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
If knowledge is power, Longboat Key is a pretty powerful place. 60.45% 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 2010 was $93,276, which is wealthy relative to Florida and the nation. This equates to an annual income of $373,104 for a family of four. However, Longboat Key contains both very wealthy and poor people as well.
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, Russian and Polish.
The most common language spoken in Longboat Key is English. Some people also speak Spanish.
|LONGBOAT KEY INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||3,851|
|LONGBOAT KEY HOME OWNERSHIP|
|% OWNER OCCUPIED||90.68%|
|% RENTER OCCUPIED||9.32%|
|TYPE OF LONGBOAT KEY HOMES|
|SINGLE FAMILY DETACHED||23.91%|
|ROWHOUSES AND ATTACHED HOMES||4.67%|
|SMALL APARTMENT BUILDINGS||3.75%|
|COMPLEXES OR HIGH RISE APARTMENTS||64.31%|
|SIZE OF LONGBOAT KEY HOMES|
|5 OR MORE BEDROOMS||1.41%|
|AGE OF LONGBOAT KEY HOMES|
|NEWER HOMES (2000 OR LATER)||3.85%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||79.12%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||16.39%|
|HISTORIC (1939 OR BEFORE)||0.65%|
|LONGBOAT KEY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$901,688|
|MEDIAN RENTAL PRICE||$2,398|
|HOME VALUE RANGE|
|$0 - $74,000||2.49%|
|$74,001 - $149,000||1.80%|
|$149,001 - $298,000||8.53%|
|$298,001 - $447,000||7.79%|
|$447,001 - $596,000||12.63%|
|$596,001 - $744,000||9.45%|
|$744,001 - $1,117,000||19.67%|
|$1,117,001 - $1,489,000||16.27%|
|PEOPLE OF LONGBOAT KEY||DETAILS|
|UNDER 5 YEARS||0.94%|
|5 TO 17||2.33%|
|18 TO 24||1.20%|
|25 TO 34||2.00%|
|35 TO 54||9.64%|
|55 TO 64||18.65%|
|65 YEARS AND OVER||65.24%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.77%|
|MEDIAN HOUSEHOLD INCOME||$84,403|
|PER CAPITA INCOME||$93,276|
|INDIVIDUALS BELOW POVERTY LEVEL||8.13%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (15.66%)
Professional, scientific, and technical services (11.90%)
Real estate (7.07%)
Information Technology (2.31%)
|BLACK OR AFRICAN AMERICAN||0.00%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.50%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.11%|
|SOME OTHER RACE ALONE||0.00%|
|TWO OR MORE RACES||2.54%|
|HISPANIC OR LATINO (OF ANY RACE)||3.28%|
|ETHNICITIES PRESENT||German (17.19%)
|LANGUAGES SPOKEN||English (90.18%)
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