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Living In Longboat Key, FL
Longboat Key, Florida is a small town with just over 7,000 residents. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (68%) here than they do nationally (14%), while young adults figure less prominently in the demographics. Overall, the town's residents, at an average age of just over 68, are notably older than most cities in Florida, ranking as the eighth-oldest municipality in the state. Renters tend to be in the minority in the area, and 92% of residents own their homes. The average rent for Longboat Key is $483/month more than the state average.
Averaging about 33 minutes, the commute time for Longboat Key residents is longer than the state average of about 29 minutes. Driving is the most common means of commuting to work, opted for by 12% of workers, while public transportation isn't used much. Walking isn't a common way to get to work.
Seven percent of the population in Longboat Key works in management, making it the most popular career path. Longboat Key workers earn an average annual income of just under $119K, around $52,000 more than those elsewhere in Florida. Longboat Key's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Longboat Key has a large number of residents over the age of 25 with advanced degrees, as 22% possess a Master's or a Doctoral degree. Furthermore, 31% have earned a Bachelor's degree, which also outpaces the national average.
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