Everything You Should Know Before Moving to Key Biscayne, FL
Thinking of moving to Key Biscayne, FL? With a friendly community of 14,800 residents and a median home price of $1,320,000, this sunny island offers upscale living and a laid-back vibe. Expect warm weather year-round, top-rated schools, and a crime rate far below national averages. Though the cost of living is high, residents enjoy excellent local schools, easy access to Miami, and a vibrant, multilingual atmosphere—perfect for families and professionals seeking a coastal lifestyle.
Demographics - Key Biscayne, FL
Demographics - Key Biscayne, FL
Key Biscayne is home to about 14,800 residents, characterized by a predominantly White population and a median age of 44, offering a mature, established community. The area is notably diverse, with over 41% of residents speaking a language other than English at home, reflecting its vibrant multicultural atmosphere. With a population density of 4,700 per square mile, the village provides a lively yet exclusive environment.
Population:
14,809
Density:
4,700 per sq mi
Median Age:
44.2
Gender Ratio:
92 males per 100 females
Non-English Speakers Percentage:
41.3%
Ethnic Composition
White:
91.1%
Black:
1.1%
Asian:
1.6%
Others:
6.2%
Cost Of Living
What is the average cost of living in Key Biscayne, FL?
Living in Key Biscayne comes with a high price tag, as reflected by its cost of living index of 178 and a median home value of $1,320,000. Housing costs are the largest factor, with average rent near $3,800 per month, but Florida's lack of state income tax offers some financial relief. Utilities and groceries are moderately above national averages, making the area attractive to those seeking an upscale coastal lifestyle.
Median House Value:
$1,320,000
Gross Rent:
$3,800
Monthly Electricity Charges:
$140
Auto Insurance:
$2,850
House Owner Cost With Mortgage:
$4,300
House Owner Cost Without Mortgage:
$1,350
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
178.0
Grocery:
120.5
Housing:
295.0
Utilities:
101.2
Transportation:
110.8
Health Care:
100.5
Miscellaneous:
102.0
Crime
Is Key Biscayne, FL a safe place to live?
Key Biscayne boasts a very low crime rate, with violent crime significantly below the national average and a 1 in 1,785 chance of being affected. Property crime is also relatively rare, offering residents peace of mind in a safe, family-friendly environment. The overall crime index highlights the village as one of the safer communities in the Miami area.
Violent Crimes Per 100k:
56
Property Crimes Per 100k:
1,046
Crime Index:
1,102
Chance Of Violent Crime:
1 in 1,785
Chance Of Property Crime:
1 in 96
Weather
What is the weather like in Key Biscayne, FL year-round?
Residents enjoy a tropical climate with warm temperatures year-round, ranging from winter lows of 62°F to summer highs near 89°F. The area receives about 56 inches of annual rainfall and sees sunshine roughly 72% of the year, making it ideal for outdoor activities and beach living. Mild winters and abundant sunshine define Key Biscayne's signature weather.
Winter
Min:
62°F
Max:
75°F
Spring
Min:
68°F
Max:
82°F
Summer
Min:
76°F
Max:
89°F
Fall
Min:
71°F
Max:
84°F
Average Rainfall Inches:
56.0 inches
Sunny Days Percentage:
72%
Neighbors
Households in Key Biscayne benefit from high incomes, with a median household income of $160,000 and a low poverty rate of 6.5%. The community is highly educated—over 97% have finished high school and nearly 70% hold a bachelor's degree or higher. Commute times average around 30 minutes, and the area maintains low unemployment and a strong sense of community.
Median Income:
$60,000
Household Income:
$160,000
Family Income:
$204,000
Per Capita Income:
$92,500
Income Male:
$120,000
Income Female:
$86,000
Poverty Rate:
6.5%
Non English Speakers:
41.3%
Rent:
$3,800
Unemployment Rate:
3.1%
Public Transport Usage:
2.2%
Commute Time:
30.5 minutes
Education
High School or Higher:
97.1%
Bachelors or More:
69.2%
Education
How are the schools in Key Biscayne, FL?
Key Biscayne offers strong educational opportunities with highly regarded public and private schools, such as the Key Biscayne K-8 Center and St. Agnes Academy. The community's focus on education is evident, with excellent student-to-teacher ratios and proximity to major colleges like Miami Dade College and the University of Miami. Families benefit from a supportive learning environment and access to higher education.
Public Schools
Name:
Key Biscayne K-8 Center
Street:
150 W McIntyre St
Phone:
305-361-5418
Students:
1,020
Student Teacher Ratio:
15.3
Private Schools
Name:
St. Agnes Academy
Street:
122 Harbor Dr
Phone:
305-361-3245
Students:
430
Colleges
Name:
Miami Dade College
City:
Miami
State:
FL
Distance:
8 miles
Students:
57,000
Name:
University of Miami
City:
Coral Gables
State:
FL
Distance:
14 miles
Students:
17,000
Healthcare
Key Biscayne residents have convenient access to major hospitals like Baptist Health South Miami and Jackson Memorial, both offering comprehensive emergency services. The local healthcare sector is robust, with 91.5% of residents covered by health insurance and 3.2 physicians per 1,000 people. Overall, the area provides reliable medical care and a strong healthcare infrastructure.
Major Hospitals
Name:
Baptist Health South Miami Hospital
Address:
6200 SW 73rd St, South Miami, FL 33143
Phone:
(786) 662-4000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Jackson Memorial Hospital
Address:
1611 NW 12th Ave, Miami, FL 33136
Phone:
(305) 585-1111
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.2
Health Insurance Coverage:
91.5%
Health Care Index:
78.0
Housing Market
What is the housing market like in Key Biscayne, FL?
The housing market in Key Biscayne is competitive, with a median home price of $1,320,000 and a high owner-occupancy rate of nearly 74%. Home values have appreciated by over 7% in the past year, indicating strong demand, while rental options remain available with an average two-bedroom rent of $3,800. Low foreclosure and vacancy rates reflect a stable and desirable market.
Median Home Price:
$1,320,000
Average Rent For 2 Bedroom:
$3,800
Owner Occupied Rate:
73.9%
Rental Vacancy Rate:
7.0%
Home Appreciation Rate (1yr):
7.2%
New Construction Rate:
1.6%
Foreclosure Rate:
0.3%
DMV Information
Vehicle services for Key Biscayne residents are managed by the Florida Department of Highway Safety and Motor Vehicles, located in nearby Miami. Residents can access driver's licensing, vehicle registration, and other services both in person and online at the state DMV website. The process is streamlined for convenience and accessibility.
State:
Florida
Department:
Florida Department of Highway Safety and Motor Vehicles
Address:
1515 NW 167th St, Miami, FL 33169
Phone:
1-850-617-2000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.