US ZIP Code
33040

Key West, FL

Monroe County  ·  Florida

● Active
👥 36,091 Population ↑ 5% since 2019
💰 $79,038 Median HH Income
≈ Avg ↑ 13% since 2019
🎂 44.4 Median Age ↑ 9% since 2019
🏠 $766,400 Median Home Value
▲ 175% above avg ↑ 38% since 2019
🎓 47.0% College Grads
▲ 21% above avg
📊 2.6% Unemployment
▼ 48% below avg ↓ 11% since 2019
ZIP Code Details
ZIP Code33040
CityKey West
StateFlorida (FL)
CountyMonroe County
Area Code305/645
Latitude24.54461
Longitude-81.921737
TimezoneNew York (DST)
FIPS12087
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 52.3% (18,865) Female 47.7% (17,226) ♀

Race & Ethnicity

White: 55.7%Hispanic: 26.1%Black: 12.3%Asian: 1.8%Other: 3.1%Race
White55.7%
Hispanic26.1%
Black12.3%
Asian1.8%
Other3.1%

Age Breakdown

Under 5
5%
5–17
11%
18–24
6%
25–44
28%
45–64
30%
65+
9%

Key Indicators

Median Age44.4 yrs ↑ 9% since 2019
Avg Household Size2.32
Below Poverty10.6% ≈ Avg
College Grads47.0% ▲ 21% above avg
Unemployment2.6% ▼ 48% below avg
No HS Diploma337 (1.3%)
HS Graduate7,617 (28.7%)
Some College1,989 (7.5%)
Associates4,130 (15.5%)
Bachelors2,171 (8.2%)
Graduate Degree10,327 (38.9%)

Education

No HS: 1.3%HS Grad: 28.7%Some College: 7.5%Associates: 15.5%Bachelors: 8.2%Graduate: 38.9%Edu
No HS1.3%
HS Grad28.7%
Some College7.5%
Associates15.5%
Bachelors8.2%
Graduate38.9%
Housing & Income

Housing Tenure

Owner: 48.4%Renter: 51.7%Tenure
Owner48.4%
Renter51.7%

Home Value Distribution

Under $50k
2%
$50k–100k
1%
$100k–150k
0%
$150k–200k
1%
$200k–300k
4%
$300k–500k
12%
Over $500k
79%

Financials

Median HH Income$79,038 ≈ Avg ↑ 13% since 2019
Median Home Value$766,400 ▲ 175% above avg ↑ 38% since 2019
Home/Income Ratio9.7x (nat avg ~3.5x)
Median Rent$2,079/mo ↑ 19% since 2019
Total Units19,001
Vacant Units3,952
Avg HH Size2.32

Income Distribution

Under $25k
13%
$25k–50k
12%
$50k–75k
20%
$75k–100k
12%
$100k–150k
18%
$150k–200k
9%
Over $200k
15%
Employment & Commute

How People Get to Work

Drove Alone
83%
Public Transit
0%
Walked
5%
Work From Home
12%

Commute Time

Under 15 min
45%
15–30 min
47%
30–45 min
7%
Over 45 min
2%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
17%
1960s–1970s
11%
1980s–1990s
12%
2000+
58%

Summary

Total Units19,001
Vacant3,952
Owner Occupied48.4%
Renter Occupied51.7%
Avg HH Size2.32
Frequently Asked Questions
ZIP code 33040 is in Key West, FL, in Monroe County.
ZIP code 33040 is located in Florida (FL).
ZIP code 33040 is in Monroe County, FL.
ZIP 33040 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 33040 is 36,091 people (ACS 2023).
The median household income in ZIP code 33040 is $79,038 (ACS 2023).
The median home value in ZIP 33040 is $766,400 (ACS 2023).
About ZIP Code 33040

ZIP code 33040 is located in Key West, Florida, within Monroe County. With a population of 36,091, this is a highly populated ZIP code with a middle-aged community — the median age is 44.4 years. Economically, 33040 is a middle-income ZIP code: the median household income of $79,038 is near the national average.

Real estate in ZIP code 33040 represents a premium housing market. The median home value of $766,400 is more than double the national average. Renters can expect to pay around $2,079 per month in median rent. The area has a relatively balanced mix of owners (48.4%) and renters (51.7%). Median home values have increased by 38% since 2019.

The population of 33040 is majority White (55.71%). Residents are well-educated — 47.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 10.6%. Household income has grown by 13% since 2019.

The unemployment rate in 33040 stands at 2.6%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 62%.

Overall, ZIP code 33040 in Key West, FL is characterized as middle-income, well-educated, and a middle-aged community. With 36,091 residents, a median household income of $79,038, and a median home value of $766,400, it offers a clear picture of life in this part of Florida.