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Key West City, Florida Economic Analysis

   (County: Monroe County)

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Economic Analysis

People and the communities they live in depend on money. The people of Key West City, Florida need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Florida

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.66 5.08 6.83 0.00 7.04
  Total Electric Industry 7.77 6.66 5.08 6.83 0.00 7.04
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.91 6.77 5.19 6.85 0.00 7.16
  Total Electric Industry 7.91 6.77 5.19 6.85 0.00 7.16
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.75 6.58 5.02 6.81 0.00 6.99
  Total Electric Industry 7.75 6.58 5.02 6.81 0.00 6.99
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.69 5.26 6.96 0.00 7.20
  Total Electric Industry 7.99 6.69 5.26 6.96 0.00 7.20
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.78 6.35 5.13 6.72 0.00 6.96
  Total Electric Industry 7.78 6.35 5.13 6.72 0.00 6.96
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.82 6.39 5.16 6.69 0.00 7.01
  Total Electric Industry 7.82 6.39 5.16 6.69 0.00 7.01
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.63 5.11 6.80 0.00 7.18
  Total Electric Industry 7.99 6.63 5.11 6.80 0.00 7.18
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.08 6.62 5.04 6.80 0.00 7.19
  Total Electric Industry 8.08 6.62 5.04 6.80 0.00 7.19
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.89 6.38 4.81 6.64 0.00 7.01
  Total Electric Industry 7.89 6.38 4.81 6.64 0.00 7.01
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 6.22 4.77 6.61 0.00 6.85
  Total Electric Industry 7.73 6.22 4.77 6.61 0.00 6.85
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.25 4.84 6.96 0.00 6.91
  Total Electric Industry 7.77 6.25 4.84 6.96 0.00 6.91
2001              
  Full-Service Providers 8.59 7.08 5.18 7.60 0.00 7.67
  Total Electric Industry 8.59 7.08 5.18 7.60 0.00 7.67
2002              
  Full-Service Providers 8.16 6.64 5.23 7.43 0.00 7.31
  Total Electric Industry 8.16 6.64 5.23 7.43 0.00 7.31
2003              
  Full-Service Providers 8.55 7.13 5.41 0.00 7.21 7.72
  Total Electric Industry 8.55 7.13 5.41 0.00 7.21 7.72
2004              
  Full-Service Providers 8.99 7.61 5.84 0.00 7.45 8.16
  Total Electric Industry 8.99 7.61 5.84 0.00 7.45 8.16
2005              
  Full-Service Providers 9.62 8.16 6.46 0.00 8.03 8.76
  Total Electric Industry 9.62 8.16 6.46 0.00 8.03 8.76
2006              
  Full-Service Providers 11.33 9.91 7.71 0.00 10.32 10.45
  Total Electric Industry 11.33 9.91 7.71 0.00 10.32 10.45

(updated 2006)



Time Leaving to Work in Key West City, Florida

12:00 A.M. TO 4:59 A.M.   : 130   (0.9%)
5:00 A.M. TO 5:29 A.M.   : 184   (1.3%)
5:30 A.M. TO 5:59 A.M.   : 339   (2.5%)
6:00 A.M. TO 6:29 A.M.   : 807   (5.9%)
6:30 A.M. TO 6:59 A.M.   : 1,139   (8.3%)
7:00 A.M. TO 7:29 A.M.   : 1,634   (11.9%)
7:30 A.M. TO 7:59 A.M.   : 2,474   (18.0%)
8:00 A.M. TO 8:29 A.M.   : 1,771   (12.9%)
8:30 A.M. TO 8:59 A.M.   : 964   (7.0%)
9:00 A.M. TO 9:59 A.M.   : 1,341   (9.7%)
10:00 A.M. TO 10:59 A.M.   : 443   (3.2%)
11:00 A.M. TO 11:59 A.M.   : 303   (2.2%)
12:00 P.M. TO 3:59 P.M.   : 936   (6.8%)
4:00 P.M. TO 11:59 P.M.   : 1,307   (9.5%)


(updated 2010)



Household Size By Vehicles Available
(Key West City, Florida)

1-person household:

No vehicle available : 975

1 vehicle available : 2,232

2 vehicles available : 128

3 vehicles available : 7

4 or more vehicles available : 19

2-person household:

No vehicle available : 390

1 vehicle available : 1,391

2 vehicles available : 1,697

3 vehicles available : 207

4 or more vehicles available : 22

3-person household:

No vehicle available : 66

1 vehicle available : 220

2 vehicles available : 380

3 vehicles available : 103

4 or more vehicles available : 34

4-or-more-person household:

No vehicle available : 0

1 vehicle available : 348

2 vehicles available : 677

3 vehicles available : 151

4 or more vehicles available : 97


(updated 2013)



Household Size By Number Of Workers In Household
(Key West City, Florida)

1-person household:

No workers : 1,425

1 worker : 1,936

2-person household:

No workers : 623

1 worker : 1,417

2 workers : 1,667

3-person household:

No workers : 170

1 worker : 132

2 workers : 388

3 workers : 113

4-or-more-person household:

No workers : 82

1 worker : 465

2 workers : 538

3 or more workers : 188


(updated 2013)



Means of Transportation To Work
(Key West City, Florida)

Car, truck, or van:

Drove alone : 6,917

Carpooled:

In 2-person carpool : 438

In 3-person carpool : 126

In 4-person carpool : 0

In 5- or 6-person carpool : 28

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 431

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 248

Motorcycle : 334

Bicycle : 2,469

Walked : 920

Other means : 558

Worked at home : 679


(updated 2013)



Travel Time To Work
(Key West City, Florida)

Less than 5 minutes : 445

5 to 9 minutes : 3,188

10 to 14 minutes : 3,498

15 to 19 minutes : 2,355

20 to 24 minutes : 1,153

25 to 29 minutes : 506

30 to 34 minutes : 535

35 to 39 minutes : 249

40 to 44 minutes : 130

45 to 59 minutes : 112

60 to 89 minutes : 143

90 or more minutes : 155


(updated 2013)



AM Radio Stations Near Key West City, Florida

  • WKIZ (1500 AM; 0.25 kW; Key West, FL; Owner: Seattle Streaming Radio, Llc)
  • WKWF (1600 AM; 0.5 kW; East Rockland Key, FL; Owner: Spottswood Partners Ii, Ltd.)
  • WKWF (1600 AM; 0.5 kW; East Rockland Key, FL; Owner: Spottswood Partners Ii, Ltd.)

FM Radio Stations Near Key West City, Florida

  • WKYZ (101.7 FM; Big Pine Key, FL; Owner: Keys Media Company, Inc.)
  • WWUS (104.1 FM; Big Pine Key, FL; Owner: Vox Communications Group Llc)
  • WIIS (107.1 FM; Key West, FL; Owner: Keyed Up Communications Company)
  • WAZQ (88.3 FM; Big Pine Key, FL; Owner: Educational Public Radio, Inc.)
  • WAZQ (88.3 FM; Key West, FL; Owner: Educational Public Radio, Inc.)
  • WKWR (90.1 FM; Key West, FL; Owner: Broadcasting For The Challenged, Inc.)
  • WJIR (90.9 FM; Key West, FL; Owner: Key West Educational Broadcast Foundation Inc.)
  • WKWM (91.5 FM; Big Pine Key, FL; Owner: The School Board Of Miami - Dade County, Fl)
  • NEW (91.9 FM; Key West, FL; Owner: Call Communications Group, Inc.)
  • NEW (91.9 FM; Key West, FL; Owner: Calvary Chapel Of Twin Falls, Inc.)
  • NEW (91.9 FM; Key West, FL; Owner: Clean Air Broadcasting Corporation)
  • NEW (91.9 FM; Key West, FL; Owner: Cultural Renewal Radio, Ua)
  • NEW (91.9 FM; Key West, FL; Owner: Educational Public Radio, Inc.)
  • NEW (91.9 FM; Key West, FL; Owner: Serendipity Educational Broadcasting, Inc.)
  • NEW (91.9 FM; Key West, FL; Owner: St. Paul Cultural Broadcasting, Inc.)
  • NEW (91.9 FM; Key West, FL; Owner: Tillandsia Radio Outreach, Inc)
  • WKEY-FM (93.5 FM; East Rockland Key, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)
  • NEW (96.7 FM; Key West, FL; Owner: Adolphus-warfield, Inc.)
  • WAVK (97.7 FM; Big Pine Key, FL; Owner: Vox Communications Group Llc)
  • WCNK (98.7 FM; Big Pine Key, FL; Owner: Vox Communications Group Llc)

TV Broadcast Stations Near Key West City, Florida

  • WSBS-TV (Channel 22; Key West, FL; Owner: Wsbs Licensing, Inc.)
  • WGEN-TV (Channel 8; Key West, FL; Owner: Mapale Llc)

(updated 2008)



Occupations in Key West City, Florida

Male:


  • Management, Professional, And Related Occupations: 2,163  (27.7%)
  • Service Occupations: 2,119  (27.2%)
  • Sales And Office Occupations: 1,393  (17.9%)
  • Farming, Fishing, And Forestry Occupations 256  (3.3%)
  • Construction, Extraction, And Maintenance Occupations: 1,224  (15.7%)

Female:


  • Management, Professional, And Related Occupations: 1,945  (32.5%)
  • Service Occupations: 1,556  (26.0%)
  • Sales And Office Occupations: 2,217  (37.1%)
  • Farming, Fishing, And Forestry Occupations 45  (0.8%)
  • Construction, Extraction, And Maintenance Occupations: 36  (0.6%)


(updated 2010)





There are 0 Farms In Key West City, Florida


(updated 2008)



Banks In Key West City, Florida

First State Bank Of The Florida Keys - 5 Branches


    Bank Assets: $3.9m
    Industry Specialization: Commercial Lending
    Total Offices: 12

Centennial Bank - 3 Branches


    Bank Assets: $19.9m
    Industry Specialization: Commercial Lending
    Total Offices: 166

Iberiabank - 2 Branches


    Bank Assets: $30.4m
    Industry Specialization: Commercial Lending
    Total Offices: 183

Bank Of America, National Association - 2 Branches


    Bank Assets: $2.9b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Capital Bank, National Association - 2 Branches


    Bank Assets: $13.2m
    Industry Specialization: Commercial Lending
    Total Offices: 167

Branch Banking And Trust Company - 1 Branches


    Bank Assets: $183.6m
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

(updated 2014)







Airports Near Key West City, Florida

  • Key West International


    (about 1.6 miles in Key West, Florida; Airport Code: EYW)

  • Key West NAS


    (about 6.1 miles in East Rockland Key, Florida; Airport Code: NQX)

  • The Florida Keys Marathon


    (about 47.4 miles in Conch Key, Florida; Airport Code: MTH)


(updated 2015)



Modes of Transportation in Key West City, Florida

Car, Truck, Or Van:

 

Drove Alone

55.77%

Carpooled

10.91%

Public Transportation:

 

Bus Or Trolley Bus

0.43%

Streetcar Or Trolley Car

0.18%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.04%

Taxicab

0.55%

Motorcycle

3.94%

Bicycle

12.70%

Walked

7.98%

Other Means

1.77%

Worked At Home

5.74%



(updated 2010)





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