What percentage of people rent in Islamorada, FL?
15.5% (±5.0 points) of the occupied homes in Islamorada, FL are rented (2020–2024 American Community Survey).
That is 487 renting households against 2,665 that own their home.
In Islamorada, the share of households that rent went from 23.2% in 2015–2019 to 15.5% in 2020–2024 (−7.7 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 15.5% (±5.0 points)
- Renting households
- 487 (±168)
- Median renter income
- $67,297 (±$31,460)
Who rents and who owns in Islamorada
| Islamorada | Monroe County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.5% (±5.0 points) | 34.2% (±1.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 487 (±168) | 11,769 (±636) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 2,665 (±251) | 22,636 (±735) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 2.5 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.2) | 2.3 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $67,297 (±$31,460) | $64,941 (±$5,432) | $53,617 (±$353) | $52,966 |
| Median owner household income | $96,563 (±$22,739) | $108,690 (±$6,289) | $88,144 (±$469) | $100,009 |
In Islamorada, 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, Islamorada ranks 10 of 12 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 641 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Islamorada has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.2% (±4.6 points) | 15.5% (±5.0 points) | −7.7 percentage points | Measurable decrease |
| Median gross rent | $1,646 (±$120) | $1,882 (±$263) | +14.3% | No measurable change after inflation |
| Median household income | $82,500 (±$5,858) | $87,222 (±$22,200) | +5.7% | 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 Islamorada
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Islamorada | — | 15.5% (±5.0 points) | — |
| Tavernier | 4.0 mi | 19.8% (±8.8 points) | Not measurably different |
| Key Largo | 13 mi | 23.8% (±4.2 points) | Higher |
| Layton | 20 mi | 28.1% (±19.4 points) | Not measurably different |
| North Key Largo | 24 mi | 5.9% (±5.3 points) | Lower |
| Florida City | 32 mi | 68.8% (±6.4 points) | Higher |
| Homestead | 34 mi | 51.7% (±3.3 points) | Higher |
| Marathon | 35 mi | 39.8% (±4.5 points) | Higher |
| Key Colony Beach | 35 mi | 31.9% (±17.2 points) | Not measurably different |
Nearby places with a measurably lower figure: North Key Largo, FL (5.9%).
Nearby places with a measurably higher figure: Key Largo, FL (23.8%), Florida City, FL (68.8%), Homestead, FL (51.7%).
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 |
|---|---|---|
| 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 9 of 12 places in Monroe County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Islamorada
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Questions about Islamorada
How many renters are there in Islamorada?
Islamorada has an estimated 487 (±168) renting households, 15.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Islamorada?
In Islamorada, the share of households that rent went from 23.2% in 2015–2019 to 15.5% in 2020–2024 (−7.7 percentage points), a measurable decrease.
How big are renting households in Islamorada?
A renting household in Islamorada has 2.0 people on average, against 2.2 in an owned home.
How much do renters earn in Islamorada?
The median renting household in Islamorada, FL has an income of $67,297 (±$31,460) a year, against $96,563 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Islamorada, Village of Islands village, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Islamorada, Village of Islands village, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Islamorada, Village of Islands village, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Islamorada, Village of Islands village, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Islamorada, Village of Islands village, 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 Islamorada, Village of Islands village, Florida (place:34132, 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
- Housing in Islamorada at a glance
- Median rent in Islamorada
- Rent by bedrooms in Islamorada
- Rent burden in Islamorada
- Income and affordability in Islamorada
- Home values in Islamorada
- Homeowner costs in Islamorada
- Property taxes in Islamorada
- Types of homes in Islamorada
- Bedrooms in Islamorada
- Age of homes in Islamorada
- Heating fuel in Islamorada
- Commute and cars in Islamorada
- Population growth in Islamorada
- How long people stay in Islamorada
- Florida landlord and tenant rules
- Housing across Monroe County
- Florida places ranked by share of renters
- Housing data for every place in Florida