What percentage of people rent in Cudjoe Key, FL?
20.8% (±7.6 points) of the occupied homes in Cudjoe Key, FL are rented (2020–2024 American Community Survey).
That is 221 renting households against 843 that own their home.
In Cudjoe Key, the share of households that rent went from 23.1% in 2015–2019 to 20.8% in 2020–2024 (−2.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.8% (±7.6 points)
- Renting households
- 221 (±84)
- Median renter income
- $73,894 (±$12,718)
Who rents and who owns in Cudjoe Key
| Cudjoe Key | Monroe County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.8% (±7.6 points) | 34.2% (±1.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 221 (±84) | 11,769 (±636) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 843 (±136) | 22,636 (±735) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.6 (±0.5) | 2.5 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.3) | 2.3 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $73,894 (±$12,718) | $64,941 (±$5,432) | $53,617 (±$353) | $52,966 |
| Median owner household income | $104,583 (±$23,609) | $108,690 (±$6,289) | $88,144 (±$469) | $100,009 |
In Cudjoe Key, the renter share is lower than in Monroe County (34.2%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Monroe County, Cudjoe Key ranks 8 of 12 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 547 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cudjoe Key has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.1% (±7.1 points) | 20.8% (±7.6 points) | −2.3 percentage points | Not a measurable change |
| Median gross rent | $2,144 (±$326) | $1,864 (±$165) | −13.1% | Down after inflation |
| Median household income | $81,786 (±$9,054) | $87,500 (±$13,698) | +7.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Cudjoe Key
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cudjoe Key | — | 20.8% (±7.6 points) | — |
| Big Pine Key | 8.6 mi | 11.7% (±4.3 points) | Lower |
| Big Coppitt Key | 12 mi | 37.1% (±10.4 points) | Higher |
| Stock Island | 17 mi | 72.4% (±9.1 points) | Higher |
| Key West | 19 mi | 50.8% (±3.6 points) | Higher |
| Marathon | 30 mi | 39.8% (±4.5 points) | Higher |
| Key Colony Beach | 30 mi | 31.9% (±17.2 points) | Not measurably different |
| Layton | 44 mi | 28.1% (±19.4 points) | Not measurably different |
| Islamorada | 64 mi | 15.5% (±5.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Big Pine Key, FL (11.7%).
Nearby places with a measurably higher figure: Big Coppitt Key, FL (37.1%), Stock Island, FL (72.4%), Key West, FL (50.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Monroe County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 | Key West | 50.8% (±3.6 points) |
| 3 | Marathon | 39.8% (±4.5 points) |
| 4 | Big Coppitt Key | 37.1% (±10.4 points) |
| 5 | Key Colony Beach | 31.9% (±17.2 points) |
| 6 | Layton | 28.1% (±19.4 points) |
| 7 | Key Largo | 23.8% (±4.2 points) |
| 8 | Cudjoe Key | 20.8% (±7.6 points) |
| 9 | Tavernier | 19.8% (±8.8 points) |
| 10 | Islamorada | 15.5% (±5.0 points) |
| 11 | Big Pine Key | 11.7% (±4.3 points) |
| 12 | North Key Largo | 5.9% (±5.3 points) |
Showing 11 of 12 places in Monroe County, ranked from highest to lowest.
Cudjoe Key is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cudjoe Key
How many renters are there in Cudjoe Key?
Cudjoe Key has an estimated 221 (±84) renting households, 20.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cudjoe Key?
In Cudjoe Key, the share of households that rent went from 23.1% in 2015–2019 to 20.8% in 2020–2024 (−2.3 percentage points), not a measurable change.
How big are renting households in Cudjoe Key?
A renting household in Cudjoe Key has 2.6 people on average, against 2.3 in an owned home.
How much do renters earn in Cudjoe Key?
The median renting household in Cudjoe Key, FL has an income of $73,894 (±$12,718) a year, against $104,583 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cudjoe Key CDP, Florida (place:15862, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Types of homes in Cudjoe Key
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- Population growth in Cudjoe Key
- How long people stay in Cudjoe Key
- Florida landlord and tenant rules
- Housing across Monroe County
- Florida places ranked by share of renters
- Housing data for every place in Florida