| Statistic | Key West | Florida | National |
| Population | 25,464 | 21,997,150 | 336,919,644 |
| Population density (sq mi) | 4,547 | 410 | 91 |
| Median age | 42.1 | 41.6 | 37.7 |
| Male/Female ratio | 1.2:1 | 1.0:1 | 1.0:1 |
| Married (15yrs & older) | 52% | 54% | 55% |
| Families w/ Kids under 18 | 37% | 38% | 43% |
| Speak English | 76% | 72% | 79% |
| Speak Spanish | 17% | 21% | 13% |

The population of Key West is 25,464, with a population density of 4,547 people per square mile, diverging from the national average of 91. The median age is 42.1 and 52% of individuals aged 15 or older are married, while 37% have children under 18. As far as income equality in Key West goes, 13% of households have a median income below $25,000, whereas 24% report an income exceeding $150,000. The Key West demographics data can provide indispensable insights into the composition, dynamics and needs of cities, towns or even villages, empowering planners, developers and policymakers to devise strategies that foster prosperity, equity and well-being for all residents.
The Key West racial demographics and ethnicity breakdown could be indispensable tools for recognizing and rectifying systemic inequities, fostering social justice and inclusion and cultivating resilient communities. In Key West, the racial breakdown reveals 78.5% White, 13.4% Black or African American, 1.8% Asian, 0.2% American Indian and 0.1% Native Hawaiian, with 24.5% of the population identifying as Hispanic or Latino. Of all households, 76.3% reported speaking English only, while 17% reported speaking Spanish only. Moreover, 22.1% of residents were classified as foreign-born.
The Key West population density comes in at 4,547 people per square mile, which makes it one of the most densely populated areas in the country, far surpassing the national average of 91. Areas characterized by high population density often boast an abundance of amenities and services within close proximity, providing residents with convenient access to healthcare, education, cultural attractions, dining establishments, retail outlets and transportation options. This accessibility could potentially enhance residents' overall quality of life and well-being.
Urban Development: Urban planners could use Key West demographic data to design and create areas that accommodate the needs of residents, including housing, transportation and public services, while promoting sustainability and quality of life. Demographic shifts can contribute to gentrification and neighborhood change in urban or rural areas. As neighborhoods attract new residents with different income levels and lifestyle preferences, property values may rise, leading to displacement of long-time residents and changes in the character and identity of the neighborhood. Understanding population density, age distribution, household size and income levels helps inform decisions related to zoning, transportation infrastructure, housing development and public amenities. Lastly, using Key West demographics for planning and development of affordable housing can help prevent displacement.
Policy Planning: At various levels of government and within organizations and businesses, demographic data and statistics serve as essential tools for guiding policy and decision-making processes. Through the examination and interpretation of Key West demographic stats and data, policymakers, government officials, and organizational leaders can pinpoint areas requiring attention, allocate resources judiciously and design policies and initiatives tailored to the specific needs and preferences of distinct demographic segments. The utilization of Key West demographic data plays a pivotal role in policy formulation by informing resource allocation, facilitating evidence-based decision-making, identifying key priorities, predicting future trends, assessing policy effectiveness, and advancing principles of equity and inclusivity. Through effective utilization of this data, policymakers can craft policies that are targeted, efficient, and responsive to the diverse needs of communities.
Social Cohesion: The analysis and understanding of demographics are essential for promoting social cohesion and fostering appreciation among diverse communities. By embracing and acknowledging differences in Key West demographics, societies can promote inclusivity, diversity and social harmony while addressing social inequalities and advocating for equal opportunities. Racial demographics can reflect the diversity within a population and are instrumental in fostering inclusive and welcoming communities. Embracing ethnic diversity strengthens social connections, promotes cultural understanding and enriches society by celebrating the contributions of individuals from diverse racial and ethnic backgrounds.
| Race | Key West | Florida | National |
| White | 78.55% | 75.90% | 73.35% |
| Black | 13.38% | 16.14% | 12.63% |
| Asian | 1.76% | 2.61% | 5.22% |
| American Indian | 0.22% | 0.27% | 0.82% |
| Native Hawaiian | 0.09% | 0.06% | 0.18% |
| Mixed race | 2.60% | 2.48% | 3.06% |
| Other race | 3.40% | 2.54% | 4.75% |