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Islamorada, Florida Demographics & Population 2026

Expensive MarketHome value to income ratio of 10.5x indicates a costly housing market

During the 2020–2024 ACS period, Islamorada, Florida had a total population of 7,068, the 413th largest community in Florida, with a median household income of $87,222, which is 17% higher than the state average. The poverty rate is 6.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Islamorada Quick Facts

Population 7,068
Median Household Income $87,222
Median Home Value $919,600
Poverty Rate 6.9%
Unemployment Rate 0.0%
Median Age 56.1 years
Homeownership Rate 84.5%
Affordability Ratio 10.5x
Bachelor's Degree or Higher 40.5%
High School Graduation Rate 96.4%
Diversity Index 37/100
Population 7,068 413th of 955
Median Income $87,222 above average
Poverty Rate 6.9% 45% lower than national
Median Home Value $919,600 top 10%

How Islamorada Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,0427,068+0.4%
Median household income$95,212$87,222-8.4%
Median home value$880,200$919,600+4.5%

How Islamorada Compares

Economy & Housing

Household Income Distribution

Under $25K 11.8%
$25K-$50K 16.4%
$50K-$100K 25.9%
$100K+ 45.9%
Detailed income brackets
Under $10K
2.5%
$10K-$15K
2.2%
$15K-$20K
1.2%
$20K-$25K
5.8%
$25K-$30K
0.9%
$30K-$35K
2.4%
$35K-$40K
1.2%
$40K-$45K
4.3%
$45K-$50K
7.6%
$50K-$60K
3.3%
$60K-$75K
8.6%
$75K-$100K
14.0%
$100K-$125K
12.6%
$125K-$150K
7.0%
$150K-$200K
7.4%
$200K+
18.9%

Employment

0.0% Unemployment Rate State: 4.8%|National: 5.2%
51.1% Labor Force Participation

Housing Overview

Owner 84.5%
Renter 15.4%
Affordability Index Very Expensive
10.5x home value to income ratio
Median gross rent $1,882/mo 25.9% of median household income annually

People & Demographics

Diversity Index

37out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Islamorada Rankings in Florida

#413 Population of 955
#282 Median Income of 911
#264 Education of 955
#39 Home Value of 901

Other Cities in Monroe County

CityPopulationMedian IncomePovertyHome Value
Key West 25,720 $87,037 10.9% $852,400
Key Largo 13,026 $85,778 9.9% $643,900
Marathon 9,914 $89,355 13.4% $725,800
Big Pine Key 4,258 $110,134 10.7% $637,000
Stock Island 4,162 $65,515 11.5% $517,500
Big Coppitt Key 3,109 $105,139 4.7% $534,500
Cudjoe Key 2,492 $87,500 8.6% $857,400
Tavernier 2,413 $50,256 17.6% $613,700
North Key Largo 1,808 $149,605 28.1% $2,000,000+
Duck Key 647 $156,719 13.0% $1,051,000

Cities Similar to Islamorada

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
South Patrick Shores7,030$85,660$443,60047.5%3.3%
Ormond-by-the-Sea7,146$79,120$392,30035.3%10.0%
Treasure Island6,553$87,107$621,60049.9%6.7%
Freeport6,689$91,985$407,80032.7%7.4%
Broadview Park7,119$73,786$365,00018.2%18.8%

Population Overview

Islamorada is a small city located in Florida, within Monroe County. The total population is 7,068. It ranks as the 413th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Islamorada is 56.1 years. This is 32% higher than the state median of 42.6 years. 10.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Islamorada is $87,222. This is 17% higher than the state median of $74,568. It is also 8% higher than the national median of $80,734. The poverty rate stands at 6.9%. This is 45% lower than the state poverty rate of 12.6%. The survey records no unemployed residents in Islamorada, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $919,600. Housing costs are 156% higher than the state median of $359,000. The home-value-to-income ratio of 10.5x suggests that housing affordability is a significant concern for many residents. 84.5% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Islamorada is White (non-Hispanic), making up 77.3% of the population. Hispanic or Latino residents account for 17.9%. The White (non-Hispanic) population is significantly higher than the state average (77.3% vs 50.4%). The Black or African American population (0.2%) is well below the state average of 14.6%. The Asian population (0.2%) is well below the state average of 2.9%.

Education

40.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%. Notably, 15.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Islamorada, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Islamorada, Florida?

Islamorada, Florida has a population of 7,068 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Islamorada, FL?

The median household income in Islamorada is $87,222, which is 8% higher than the national median of $80,734.

What is the poverty rate in Islamorada, FL?

The poverty rate in Islamorada is 6.9%. This means approximately 477 residents live below the federal poverty line.

What is the racial makeup of Islamorada, Florida?

Islamorada's population is 77.3% White, 0.2% Black, 17.9% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Islamorada, FL?

The median home value in Islamorada is $919,600. The home-value-to-income ratio is 10.5x.

How educated is Islamorada, Florida?

40.5% of adults (25+) in Islamorada hold a bachelor's degree or higher, and 15.9% hold a graduate or professional degree.