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

Tenure, estimate (90% margin of error)
IslamoradaMonroe CountyFloridaUnited States
Renter-occupied share15.5% (±5.0 points)34.2% (±1.7 points)32.4% (±0.2 points)34.8%
Renting households487 (±168)11,769 (±636)2,834,163 (±17,461)45,017,354
Owning households2,665 (±251)22,636 (±735)5,918,647 (±31,594)84,210,142
Average renter household size2.0 (±0.4)2.5 (±0.1)2.5 (±0.0)2.3
Average owner household size2.2 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent23.2% (±4.6 points)15.5% (±5.0 points)−7.7 percentage pointsMeasurable 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

Nearest places with a published estimate, compared with Islamorada
PlaceDistanceHouseholds that rentCompared with this place
Islamorada—15.5% (±5.0 points)—
Tavernier4.0 mi19.8% (±8.8 points)Not measurably different
Key Largo13 mi23.8% (±4.2 points)Higher
Layton20 mi28.1% (±19.4 points)Not measurably different
North Key Largo24 mi5.9% (±5.3 points)Lower
Florida City32 mi68.8% (±6.4 points)Higher
Homestead34 mi51.7% (±3.3 points)Higher
Marathon35 mi39.8% (±4.5 points)Higher
Key Colony Beach35 mi31.9% (±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

RankPlaceHouseholds that rent
4Big Coppitt Key37.1% (±10.4 points)
5Key Colony Beach31.9% (±17.2 points)
6Layton28.1% (±19.4 points)
7Key Largo23.8% (±4.2 points)
8Cudjoe Key20.8% (±7.6 points)
9Tavernier19.8% (±8.8 points)
10Islamorada15.5% (±5.0 points)
11Big Pine Key11.7% (±4.3 points)
12North Key Largo5.9% (±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.

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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

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.

Request a Census API 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 .

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