Chapter 5 - The Economy


Economy in Key West, Florida

Fishing and tourism are important to its economy



Economy
Key West, FL
United States
6.40%
8.60%
0.79%
0.35%
35.18%
32.10%
7.50%
5.00%
0.00%
4.70%
$32,958
$26,154
$53,237
$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME


11.09%
12.37%
8.67%
10.53%
10.46%
10.88%
16.44%
15.37%
21.94%
20.14%
12.92%
12.41%
10.88%
11.27%
5.32%
5.01%
2.09%
1.86%
0.18%
0.16%
POPULATION BY OCCUPATION


14.81%
14.04%
15.11%
20.61%
26.55%
14.45%
26.09%
26.75%
2.31%
0.70%
9.14%
9.42%
6.00%
14.05%



The unemployment rate in Key West, FL, is 6.40%, with job growth of 0.79%. Future job growth over the next ten years is predicted to be 35.18%.
Key West, FL Taxes
Key West, FL,sales tax rate is 7.50%. Income tax is 0.00%.
Key West, FL Income and Salaries
The income per capita is $32,958, which includes all adults and children. The median household income is $53,237.
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 The City of Key West is one of the world's most remarkable urban environments. Its historic streets capes, unique culture, and beautiful environment are a magnet for residents and visitors. Maintaining and improving the fabric of the City is one of the Planning Department's most important tasks. The Department works with the community to craft policy documents, such as the adopted Comprehensive Plan, which guides future actions. We also work to create regulations to implement policy directives through our adopted Land Development Regulations. On a day to day basis, our staff meets with the public to help interpret regulations, explain development approval processes, and discuss specific projects.

                                                                    Source: http://www.keywestcity.com/department/?fDD=11-0

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