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North Key Largo Cdp, 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 North Key Largo Cdp, 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 North Key Largo Cdp, Florida

12:00 A.M. TO 4:59 A.M.   : 6   (3.5%)
5:00 A.M. TO 5:29 A.M.   : 0   (0.0%)
5:30 A.M. TO 5:59 A.M.   : 0   (0.0%)
6:00 A.M. TO 6:29 A.M.   : 0   (0.0%)
6:30 A.M. TO 6:59 A.M.   : 0   (0.0%)
7:00 A.M. TO 7:29 A.M.   : 0   (0.0%)
7:30 A.M. TO 7:59 A.M.   : 28   (16.2%)
8:00 A.M. TO 8:29 A.M.   : 20   (11.6%)
8:30 A.M. TO 8:59 A.M.   : 34   (19.7%)
9:00 A.M. TO 9:59 A.M.   : 29   (16.8%)
10:00 A.M. TO 10:59 A.M.   : 0   (0.0%)
11:00 A.M. TO 11:59 A.M.   : 6   (3.5%)
12:00 P.M. TO 3:59 P.M.   : 45   (26.0%)
4:00 P.M. TO 11:59 P.M.   : 5   (2.9%)


(updated 2010)



Means Of Transportation
(North Key Largo Cdp, Florida)

Car, truck, or van:

Drove alone : 284

Carpooled:

In 2-person carpool : 0

In 3-person carpool : 0

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 16

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 0

Other means : 24

Worked at home : 103


(updated 2009)



Travel Time To Work
(North Key Largo Cdp, Florida)

Less than 5 minutes : 26

5 to 9 minutes : 79

10 to 14 minutes : 10

15 to 19 minutes : 87

20 to 24 minutes : 61

25 to 29 minutes : 34

30 to 34 minutes : 0

35 to 39 minutes : 0

40 to 44 minutes : 10

45 to 59 minutes : 0

60 to 89 minutes : 0

90 or more minutes : 17


(updated 2009)



Social Security Income In The Past 12 Months For Households
(North Key Largo Cdp, Florida)

With Social Security income : 270

No Social Security income : 336


(updated 2009)



Retirement Income In The Past 12 Months For Households
(North Key Largo Cdp, Florida)

With retirement income : 124

No retirement income : 482


(updated 2009)



Family Income (Annual)
(North Key Largo Cdp, Florida)

Less than $10,000 : 42

$10,000 to $14,999 : 0

$15,000 to $19,999 : 12

$20,000 to $24,999 : 26

$25,000 to $29,999 : 0

$30,000 to $34,999 : 0

$35,000 to $39,999 : 0

$40,000 to $44,999 : 0

$45,000 to $49,999 : 0

$50,000 to $59,999 : 24

$60,000 to $74,999 : 40

$75,000 to $99,999 : 8

$100,000 to $124,999 : 38

$125,000 to $149,999 : 26

$150,000 to $199,999 : 77

$200,000 or more : 183


(updated 2009)



Median Family Income (Annual)
(North Key Largo Cdp, Florida)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $157,115


(updated 2009)



AM Radio Stations Near North Key Largo Cdp, Florida

  • WOIR (1430 AM; 5.0 kW; Homestead, FL; Owner: Amanecer Christian Network, Inc.)

FM Radio Stations Near North Key Largo Cdp, Florida

  • WCTH (100.3 FM; Tavernier, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)
  • WKLG (102.1 FM; Tavernier, FL; Owner: Wklg, Inc.)
  • WFKZ (103.1 FM; Tavernier, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)
  • WFKZ (103.1 FM; Tavernier, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)
  • WWWK (105.5 FM; Tavernier, FL; Owner: Lsm Radio Partners Llc)
  • WRAZ-FM (106.3 FM; Key Largo, FL; Owner: South Broadcasting System, Inc.)
  • WRAZ-FM (106.3 FM; Tavernier, FL; Owner: South Broadcasting System, Inc.)
  • NEW (88.1 FM; Tavernier, FL; Owner: Calvary Fellowship, Inc.)
  • NEW (88.1 FM; Tavernier, FL; Owner: Cultural Renewal Radio, Ua)
  • NEW (88.1 FM; Tavernier, FL; Owner: Educational Public Radio, Inc.)
  • NEW (88.1 FM; Tavernier, FL; Owner: Nc Friends Broadcasting, Inc.)
  • NEW (88.1 FM; Tavernier, FL; Owner: Templo Apostoles Y Profetas Bethel)
  • WMFL (88.5 FM; Key Largo, FL; Owner: Family Stations, Inc.)
  • NEW (90.5 FM; Tavernier, FL; Owner: Call Communications Group, Inc.)
  • WGES-FM (90.9 FM; Key Largo, FL; Owner: Genesis License Subsidiary)
  • WGES-FM (90.9 FM; Homestead, FL; Owner: Genesis License Subsidiary)
  • NEW (91.7 FM; Key Largo, FL; Owner: Call Communications Group, Inc.)
  • WMKL (91.7 FM; Key Largo, FL; Owner: Call Communications Group, Inc.)
  • WMKL (91.9 FM; Key Largo, FL; Owner: Call Communications Group, Inc.)
  • WGMX (94.3 FM; Tavernier, FL; Owner: The Great Marathon Radio Company)
  • WKEZ-FM (96.9 FM; Tavernier, FL; Owner: Clear Channel Broadcasting Licenses, Inc.)

(updated 2008)



Occupations in North Key Largo Cdp, Florida

Male:


  • Management, Professional, And Related Occupations: 142  (61.5%)
  • Service Occupations: 33  (14.3%)
  • Sales And Office Occupations: 15  (6.5%)
  • Farming, Fishing, And Forestry Occupations 7  (3.0%)
  • Construction, Extraction, And Maintenance Occupations: 34  (14.7%)

Female:


  • Management, Professional, And Related Occupations: 21  (38.2%)
  • Service Occupations: 0  (0.0%)
  • Sales And Office Occupations: 34  (61.8%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)



Most Common Industries in North Key Largo Cdp, Florida

Male:

 

Agriculture, Forestry, Fishing And Hunting, And Mining:

 

Agriculture, Forestry, Fishing And Hunting

8.04%

Mining

0.0%

Construction

8.74%

Manufacturing

6.29%

Wholesale Trade

3.15%

Retail Trade

6.64%

Transportation And Warehousing, And Utilities:

 

Transportation And Warehousing

0.0%

Utilities

3.50%

Information

0.0%

Finance, Insurance, Real Estate And Rental And Leasing:

 

Finance And Insurance

7.34%

Real Estate And Rental And Leasing

0.0%

Professional, Scientific, Management, Administrative, And Waste Management Services:

 

Professional, Scientific, And Technical Services

19.23%

Management Of Companies And Enterprises

0.0%

Administrative And Support And Waste Management Services

2.10%

Educational, Health And Social Services:

 

Educational Services

0.0%

Health Care And Social Assistance

0.0%

Arts, Entertainment, Recreation, Accommodation And Food Services:

 

Arts, Entertainment, And Recreation

2.45%

Accommodation And Food Services

13.29%

Other Services (except Public Administration)

0.0%

Public Administration

0.0%

Female:

 

Agriculture, Forestry, Fishing And Hunting, And Mining:

 

Agriculture, Forestry, Fishing And Hunting

0.0%

Mining

0.0%

Construction

0.0%

Manufacturing

0.0%

Wholesale Trade

4.55%

Retail Trade

0.0%

Transportation And Warehousing, And Utilities:

 

Transportation And Warehousing

2.10%

Utilities

0.0%

Information

0.0%

Finance, Insurance, Real Estate And Rental And Leasing:

 

Finance And Insurance

0.0%

Real Estate And Rental And Leasing

9.09%

Professional, Scientific, Management, Administrative, And Waste Management Services:

 

Professional, Scientific, And Technical Services

0.0%

Management Of Companies And Enterprises

0.0%

Administrative And Support And Waste Management Services

0.0%

Educational, Health And Social Services:

 

Educational Services

3.50%

Health Care And Social Assistance

0.0%

Arts, Entertainment, Recreation, Accommodation And Food Services:

 

Arts, Entertainment, And Recreation

0.0%

Accommodation And Food Services

0.0%

Other Services (except Public Administration)

0.0%

Public Administration

0.0%


(updated 2010)



There are 13 Farms In North Key Largo Cdp, Florida


(updated 2008)



Banks In North Key Largo Cdp, Florida

Bank Of America, National Association - 2 Branches


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

First State Bank Of The Florida Keys - 2 Branches


    Bank Assets: $1.5m
    Industry Specialization: Commercial Lending
    Total Offices: 12

Capital Bank, National Association - 2 Branches


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

Wells Fargo Bank, National Association - 1 Branches


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

Centennial Bank - 1 Branches


    Bank Assets: $6.6m
    Industry Specialization: Commercial Lending
    Total Offices: 166

Gibraltar Private Bank & Trust Co. - 1 Branches


    Bank Assets: $1.5m
    Industry Specialization: Mortgage Lending
    Total Offices: 8

Community Bank Of Florida, Inc. - 1 Branches


    Bank Assets: $487.7k
    Industry Specialization: Commercial Lending
    Total Offices: 11

(updated 2014)



Salary Income in North Key Largo Cdp, Florida (1999)

With Wage Or Salary Income

38.17%

No Wage Or Salary Income

61.83%

(updated 2010)



Self-Employment Income in North Key Largo Cdp, Florida (1999)

With Self-employment Income

13.08%

No Self-employment Income

86.92%

(updated 2010)



Airports Near North Key Largo Cdp, Florida

  • Ocean Reef Club


    (about 3.0 miles in Key Largo, Florida; Airport Code: KEZ)

  • Ocean Reef Club


    (about 3.2 miles in Key Largo, Florida; Airport Code: OCA)

  • Homestead AFB


    (about 14.5 miles in Homestead, Florida; Airport Code: HST)

  • Homestead ARB


    (about 14.6 miles in Homestead, Florida; Airport Code: HST)

  • Tamiami


    (about 25.8 miles in Miami, Florida; Airport Code: TMB)

  • Kendall-Tamiami Executive


    (about 26.0 miles in Miami, Florida; Airport Code: TMB)

  • Miami Downtown Heliport


    (about 33.8 miles in Miami, Florida; Airport Code: JDM)

  • Miami International


    (about 34.8 miles in Miami, Florida; Airport Code: MIA)

  • Watson Island International


    (about 34.8 miles in Miami, Florida; Airport Code: MPB)

  • Opa-locka Executive


    (about 42.7 miles in Miami Gardens, Florida; Airport Code: OPF)


(updated 2015)



Modes of Transportation in North Key Largo Cdp, Florida

Car, Truck, Or Van:

 

Drove Alone

36.08%

Carpooled

8.24%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

2.35%

Walked

13.33%

Other Means

7.84%

Worked At Home

32.16%



(updated 2010)



Most Common Occupations in North Key Largo Cdp, Florida

Male:

 

Management, Professional, And Related Occupations:

 

Management, Business, And Financial Operations Occupations:

 

Management Occupations, Except Farmers And Farm Managers

20.28%

Farmers And Farm Managers

2.80%

Business And Financial Operations Occupations:

 

Business Operations Specialists

2.80%

Financial Specialists

10.49%

Professional And Related Occupations:

 

Computer And Mathematical Occupations

0.0%

Architecture And Engineering Occupations:

 

Architects, Surveyors, Cartographers, And Engineers

0.0%

Drafters, Engineering, And Mapping Technicians

0.0%

Life, Physical, And Social Science Occupations

5.94%

Community And Social Services Occupations

0.0%

Legal Occupations

5.59%

Education, Training, And Library Occupations

0.0%

Arts, Design, Entertainment, Sports, And Media Occupations

1.75%

Healthcare Practitioners And Technical Occupations:

 

Health Diagnosing And Treating Practitioners And Technical Occupations

0.0%

Health Technologists And Technicians

0.0%

Service Occupations:

 

Healthcare Support Occupations

0.0%

Protective Service Occupations:

 

Fire Fighting, Prevention, And Law Enforcement Workers, Including Supervisors

0.0%

Other Protective Service Workers, Including Supervisors

2.10%

Food Preparation And Serving Related Occupations

2.10%

Building And Grounds Cleaning And Maintenance Occupations

0.0%

Personal Care And Service Occupations

7.34%

Sales And Office Occupations:

 

Sales And Related Occupations

5.24%

Office And Administrative Support Occupations

0.0%

Farming, Fishing, And Forestry Occupations

2.45%

Construction, Extraction, And Maintenance Occupations:

 

Construction And Extraction Occupations:

 

Supervisors, Construction And Extraction Workers

0.0%

Construction Trades Workers

8.39%

Extraction Workers

0.0%

Installation, Maintenance, And Repair Occupations

3.50%

Production, Transportation, And Material Moving Occupations:

 

Production Occupations

0.0%

Transportation And Material Moving Occupations:

 

Supervisors, Transportation And Material Moving Workers

0.0%

Aircraft And Traffic Control Occupations

0.0%

Motor Vehicle Operators

0.0%

Rail, Water And Other Transportation Occupations

0.0%

Material Moving Workers

0.0%

Female:

 

Management, Professional, And Related Occupations:

 

Management, Business, And Financial Operations Occupations:

 

Management Occupations, Except Farmers And Farm Managers

2.10%

Farmers And Farm Managers

0.0%

Business And Financial Operations Occupations:

 

Business Operations Specialists

1.75%

Financial Specialists

0.0%

Professional And Related Occupations:

 

Computer And Mathematical Occupations

0.0%

Architecture And Engineering Occupations:

 

Architects, Surveyors, Cartographers, And Engineers

0.0%

Drafters, Engineering, And Mapping Technicians

0.0%

Life, Physical, And Social Science Occupations

0.0%

Community And Social Services Occupations

0.0%

Legal Occupations

0.0%

Education, Training, And Library Occupations

3.50%

Arts, Design, Entertainment, Sports, And Media Occupations

0.0%

Healthcare Practitioners And Technical Occupations:

 

Health Diagnosing And Treating Practitioners And Technical Occupations

0.0%

Health Technologists And Technicians

0.0%

Service Occupations:

 

Healthcare Support Occupations

0.0%

Protective Service Occupations:

 

Fire Fighting, Prevention, And Law Enforcement Workers, Including Supervisors

0.0%

Other Protective Service Workers, Including Supervisors

0.0%

Food Preparation And Serving Related Occupations

0.0%

Building And Grounds Cleaning And Maintenance Occupations

0.0%

Personal Care And Service Occupations

0.0%

Sales And Office Occupations:

 

Sales And Related Occupations

9.79%

Office And Administrative Support Occupations

2.10%

Farming, Fishing, And Forestry Occupations

0.0%

Construction, Extraction, And Maintenance Occupations:

 

Construction And Extraction Occupations:

 

Supervisors, Construction And Extraction Workers

0.0%

Construction Trades Workers

0.0%

Extraction Workers

0.0%

Installation, Maintenance, And Repair Occupations

0.0%

Production, Transportation, And Material Moving Occupations:

 

Production Occupations

0.0%

Transportation And Material Moving Occupations:

 

Supervisors, Transportation And Material Moving Workers

0.0%

Aircraft And Traffic Control Occupations

0.0%

Motor Vehicle Operators

0.0%

Rail, Water And Other Transportation Occupations

0.0%

Material Moving Workers

0.0%


(updated 2010)



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