Street EconomicsData for Economic DevelopmentStreet Economics® · LocalFlare, a page for every Florida place, and the data behind it

Florida / Monroe County / Islamorada, Village of Islands

LocalFlare

Islamorada, Village of Islands

Village, Monroe County. Population 7,379 (2025), +0.5% on the prior year, +3.8% since 2020 Last updated 2026-10-04.

PDF report Excel JSON

Islamorada, Village of Islands

Boundary: US Census Bureau TIGER/Line, simplified for drawing. 6.45 square miles of land.

Population

2025
Population7,379Population, April 1, 1998 to 202519987.6k high2025
Change since the prior year+0.5%2024 to 2025
Change since 2020+3.8%2020 to 2025
Census 20207,1072020

University of Florida Bureau of Economic and Business Research, Florida Estimates of Population, retrieved 2026-10-01 | Population estimates

More
Basis of the latest figureestimate2025

Population by year

April 1 of each year. Basis is census in a census year, otherwise BEBR's estimate.

YearPopulationBasisChange
20257,379estimate+0.5%
20247,342estimate+0.5%
20237,307estimate+0.5%
20227,272estimate+2.2%
20217,116estimate+0.1%
20207,107census+14.4%
20196,211estimate+3.7%
20185,990estimate-5.3%
20176,326estimate+2.0%
20166,202estimate0.0%
20156,199estimate-0.2%
20146,212estimate+0.3%
20136,193estimate+0.5%
20126,165estimate+0.3%
20116,147estimate+0.5%
20106,119census-14.1%
20097,120estimate+0.1%
20087,113estimate-0.5%
20077,149estimate+1.3%
20067,057estimate+0.3%
20057,033estimate+0.6%
20046,993estimate+0.3%
20036,970estimate-1.4%
20027,067estimate+1.7%
20016,950estimate+1.5%
20006,846census-10.4%
19997,639estimate+0.1%
19987,632estimaten/a

Labor force (county figures)

Aug 2026

County figures, no city estimate published by FloridaCommerce

Unemployment rate (Monroe County)3.3%Unemployment rate, not seasonally adjusted, Aug 2016 to Aug 2026Aug 201621.0% highAug 2026
Labor force (Monroe County)48,925Aug 2026
Employment (Monroe County)47,330Aug 2026
Unemployed (Monroe County)1,595Aug 2026
Rate a year earlier3.0%Aug 2025
Labor force, change on a year earlier-0.4%Aug 2026

US Bureau of Labor Statistics, Local Area Unemployment Statistics, retrieved 2026-10-01 | Labor force page

More
Latest month is preliminaryyesAug 2026

Monthly, last three years

Not seasonally adjusted. The latest month may be preliminary.

MonthLabor forceEmployedUnemployedRate
Aug 202648,92547,3301,5953.3%
Jul 202648,72847,1461,5823.2%
Jun 202649,28047,7041,5763.2%
May 202649,42347,9331,4903.0%
Apr 202649,70248,1301,5723.2%
Mar 202650,10848,5601,5483.1%
Feb 202649,97548,2401,7353.5%
Jan 202649,31347,5321,7813.6%
Dec 202549,13047,5761,5543.2%
Nov 202548,96247,2041,7583.6%
Sep 202547,91746,4041,5133.2%
Aug 202549,14447,6591,4853.0%
Jul 202549,40047,9961,4042.8%
Jun 202549,41548,1141,3012.6%
May 202549,88248,6871,1952.4%
Apr 202550,16949,0181,1512.3%
Mar 202550,42849,2641,1642.3%
Feb 202550,06548,8371,2282.5%
Jan 202549,95048,6831,2672.5%
Dec 202449,68748,6311,0562.1%
Nov 202449,00947,8381,1712.4%
Oct 202448,82147,6531,1682.4%
Sep 202448,47847,2921,1862.4%
Aug 202449,40248,1801,2222.5%
Jul 202449,63848,3561,2822.6%
Jun 202449,62748,4941,1332.3%
May 202449,89548,8921,0032.0%
Apr 202449,96649,0209461.9%
Mar 202450,18549,1821,0032.0%
Feb 202449,56948,5111,0582.1%
Jan 202449,16448,0821,0822.2%
Dec 202348,88347,9439401.9%
Nov 202348,64047,6181,0222.1%
Oct 202348,27447,2101,0642.2%
Sep 202348,07646,9571,1192.3%
Aug 202348,57347,4451,1282.3%

Annual averages

YearLabor forceEmployedUnemployedRate
202549,49648,1311,3652.8%
202449,45348,3441,1092.2%
202348,55847,5649942.0%
202247,30246,3011,0012.1%
202144,66643,1811,4853.3%
202043,39739,7043,6938.5%
201945,16244,1131,0492.3%
201843,73842,4851,2532.9%
201744,27342,6881,5853.6%
201645,09643,5551,5413.4%
201545,72244,1141,6083.5%
201444,74042,8241,9164.3%
201344,00441,7732,2315.1%
201243,53740,9692,5685.9%
201142,62439,5933,0317.1%

Business base

Aug 2026
Licensed food service, lodging and alcohol businesses357New licenses by month, Sep 2016 to Aug 2026Sep 20166 highAug 2026
Food service licenses92Aug 2026
Lodging licenses187Aug 2026
Alcoholic beverage licenses78Aug 2026
New licenses, last 12 months14Aug 2026
New business filings, last 12 months (postal city)156Sep 2026
Change on the 12 months before+13.0%Sep 2026
New filings, latest month6Sep 2026

Florida DBPR active licensure base files: public food service, public lodging and retail alcoholic beverage licenses, retrieved 2026-10-01; Florida Division of Corporations (Sunbiz) bulk corporate data files, new entity filings by month, retrieved 2026-10-01 | Licenses Business formations

Licenses are placed inside the city limits by their geocoded address.

Business formations are by postal city: Islamorada, which is not the city limits.

No ZIP code has its Census internal point inside this place, so ZIP Code Business Patterns are not shown.

More

Licenses by type

Counted licenses in DBPR's food service, lodging and alcoholic beverage files, placed by geocoded address.

License typeFileActive
2007-DWEL-SNGLlodging79
2010-SEATfood64
2006-CNDO-SNGLlodging39
2002-MOTLlodging30
2COPalcohol30
2014-MFDVfood21
2007-DWEL-CLCTlodging17
2APSalcohol13
5COP-SFSalcohol11
5COPalcohol10
2003-NAPTlodging7
2007-DWEL-GRPlodging6
2010-NOSTfood5
2006-CNDO-CLCTlodging5
1APSalcohol4
11Calcohol3
13CTalcohol2
5COP-Salcohol2
2013-CATRfood2
2001-HOTLlodging2
1COPalcohol1
3APSalcohol1
5COP-SPXalcohol1
2003-TAPTlodging1
2006-CNDO-GRPlodging1

Filings by entity type, last 12 months

Sunbiz new entity filings by the ZIP code of the principal address, grouped to the USPS postal city (postal city: Islamorada)

Entity typeLast 12 months12 months before
Florida limited liability companies140114
Florida profit corporations1018
Florida non-profit corporations33
Out of state entities registering in Florida22
Partnerships, trusts and other filings11

Building permits

Aug 2026
Housing units permitted, last 12 months24Housing units permitted by month, Sep 2016 to Aug 2026Sep 201619 highAug 2026
Change on the 12 months before-14.3%Aug 2026
Permit valuation, last 12 months$28.2MAug 2026
Units, latest month3Aug 2026
Single family units, last 12 months24Aug 2026
Units in buildings of 5 or more, last 12 months0Aug 2026
Units, latest annual table272025

US Census Bureau, Building Permits Survey, place and county residential permits, retrieved 2026-10-01 | Building permits

More

Monthly, last three years

Residential permits as the Bureau publishes them; imputed months are the Bureau's imputations.

MonthUnits1 unit5 or moreValuation
Aug 2026330$1.45M
Jul 2026440$6.72M
Jun 2026220$1.2M
May 2026220$3.76M
Apr 2026110$562K
Mar 2026330$2.16M
Feb 2026000$0
Jan 2026220$3.93M
Dec 2025110$1.2M
Nov 2025110$1.5M
Oct 2025330$2.06M
Sep 2025220$3.7M
Aug 2025440$2.71M
Jul 2025110$950K
Jun 2025000$0
May 2025220$6.5M
Apr 2025220$2.5M
Mar 2025550$1.9M
Feb 2025110$1.79M
Jan 2025550$5.19M
Dec 2024330$2.88M
Nov 2024220$4.17M
Oct 2024330$2.57M
Sep 2024000$0
Aug 2024330$3.32M
Jul 2024220$1.81M
Jun 2024000$0
May 2024110$772K
Apr 2024440$4M
Mar 2024220$2.36M
Feb 2024440$3.98M
Jan 2024440$2.75M
Dec 2023550$3.8M
Nov 2023550$5.87M
Oct 2023550$4.92M
Sep 2023330$3.93M

Annual table

YearUnits1 unit5 or moreValuation
202527270$30M
202428280$28.6M
202371710$50.9M
202254540$45.3M
202171540$34.7M
202052520$22.7M
201956560$22.3M
2018724812$30.5M
201726240$9.66M
201645370$15.1M
201535350$11.7M
201453170$16.8M
201351150$16.1M
201225250$12M
201119190$12.3M

Property roll

2026 preliminary
Total just value$6.19B
Total taxable value (non school)$4.71B2026 preliminary
Total taxable value (school)$5.3B2026 preliminary
Just value, change on the prior roll+3.4%2025 final roll to 2026 preliminary
Taxable value (non school), change on the prior roll+7.7%2025 final roll to 2026 preliminary
Total just value, prior roll$5.99B2025 final roll
New construction value$35.6M2026 preliminary
Parcels4,3892026 preliminary

Florida Department of Revenue, NAL tax roll (name, address, legal), 2026 preliminary and final as posted, retrieved 2026-10-03

Parcels are placed by Census block group through the Census Bureau's block assignment file; a parcel in a block group that straddles the limits is apportioned. Census 2020 block groups; 70% of the county's just value lies in a place. Medians are over the parcels whose block group lies mostly in the place. Qualified sales: the roll's own sale fields, qualification codes 01 and 02, improved, single parcel.

More
Median single family just value$1.28M2026 preliminary
Qualified sales, last 12 months165Jun 2025 to May 2026
Median qualified sale price$1.25MJun 2025 to May 2026
Just value, residential$5.12B2026 preliminary
Just value, commercial$696M2026 preliminary
Just value, industrial$17.1M2026 preliminary
Just value, vacant$239M2026 preliminary
Just value, institutional$39.9M2026 preliminary
Just value, government$73.1M2026 preliminary
Just value, other$4.99M2026 preliminary

Just value by use group

Department of Revenue land use codes grouped: residential 001 to 009, commercial 011 to 039, industrial 041 to 049, agricultural 050 to 069, vacant 000, 010, 040 and 070, institutional 071 to 079, government 080 to 089, other 090 to 099. Taxable is the non school taxable value. Just value change compares with the 2025 final roll, summed the same way.

Use groupParcelsJust valueTaxable (non school)New constructionResidential unitsJust value change
Residential3,366$5.12B$3.93B$32.8M3,620+3.4%
Commercial350$696M$578M$106Kn/a+4.5%
Industrial10$17.1M$13.4M$0n/a+6.6%
Vacant382$239M$167M$880Kn/a+2.7%
Institutional17$39.9M$9.64M$1.55Mn/a-0.2%
Government135$73.1M$1.11M$195Kn/a+0.3%
Other130$4.99M$3.93M$0n/a-7.6%

Housing

2020 to 2024 ACS
Housing units6,000Homeownership rate, 2000 to 2024200085.0% high2024
Occupied units3,1522020 to 2024 ACS
Vacant units2,8482020 to 2024 ACS
Owner occupied households2,6652020-2024 5-Year
Renter occupied households4872020-2024 5-Year
Homeownership rate84.5%2020 to 2024 ACS
Cost burdened households, all tenures (over 30% of income)43.5%2025
Cost burdened renter households48.6%2025

Shimberg Center for Housing Studies, Florida Housing Data Clearinghouse, retrieved 2026-10-01 | Housing data

More
Severely cost burdened renters (over 50%)30.6%2025
Assisted housing developments1Assisted Housing Inventory
Assisted units36Assisted Housing Inventory
Median gross rent$1.88K2020 to 2024 ACS
Median single family sale price$1.65M2024

Cost burden by income, 2025

Households by the share of income spent on housing, Shimberg Center estimates for 2025.

TenureIncome (share of area median)30% or less30.1 to 50%Over 50%
All households30% AMI or less046196
All households30.01-50% AMI79128241
All households50.01-80% AMI211125298
All households80.01-120% AMI10614286
All householdsGreater than 120% AMI1,53421610
Renters30% AMI or less0074
Renters30.01-50% AMI340135
Renters50.01-80% AMI689568
Renters80.01-120% AMI1900
RentersGreater than 120% AMI345680
Owners30% AMI or less046122
Owners30.01-50% AMI45128106
Owners50.01-80% AMI14330230
Owners80.01-120% AMI8714286
OwnersGreater than 120% AMI1,18914810

Single family sales by year

YearMedian priceSales
1996$225K163
1997$230K193
1998$250K205
1999$294K217
2000$318K222
2001$321K216
2002$395K211
2003$505K225
2004$725K240
2005$935K205
2006$1.07M125
2007$775K109
2008$760K93
2009$600K98
2010$513K112
2011$475K137
2012$589K147
2013$705K127
2014$615K153
2015$720K160

Assisted housing developments

Shimberg Center Assisted Housing Inventory.

DevelopmentAddressCityUnitsAssisted
Wet-Net Villas81101 Overseas HighwayIslamorada, Village of Islands3636

Fiscal

Sep 2026
Half-cent sales tax, latest month$135KHalf-cent sales tax distributions by month, Oct 2016 to Sep 2026Oct 2016$196K highSep 2026
Half-cent sales tax, fiscal year to date$1.68MFY2026 to Sep 2026
Half-cent sales tax, last 12 months$1.68MSep 2026
Half-cent sales tax, change on the 12 months before-0.8%Sep 2026
State revenue sharing, latest month$38.8KSep 2026
State revenue sharing, fiscal year to date$470KFY2026 to Sep 2026
State revenue sharing, last 12 months$470KSep 2026
State revenue sharing, change on the 12 months before+2.2%Sep 2026

Florida Office of Economic and Demographic Research, Expenditures and Revenues Reported by Florida's County and Municipal Governments, retrieved 2026-10-01; Florida Department of Revenue, Revenue Confirmation Online, distributions to local governments, retrieved 2026-10-01; Florida Department of Financial Services, LOGERx local government Annual Financial Report data, long-term debt outstanding, retrieved 2026-10-04 | Distributions Annual financial report

More
Total revenues$51.6MFY2024
Revenues, change on the year before+11.2%FY2024
Total expenditures$56.6MFY2024
Expenditures, change on the year before+34.5%FY2024
Revenues per resident$7.02KFY2024
Long-term debt outstanding at year end$44.5MFY2025
Long-term debt, change on the year before-8.0%FY2025

Half-cent sales tax, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$135K
Aug 2026$133K
Jul 2026$140K
Jun 2026$164K
May 2026$189K
Apr 2026$169K
Mar 2026$163K
Feb 2026$158K
Jan 2026$121K
Dec 2025$107K
Nov 2025$86.5K
Oct 2025$117K
Sep 2025$144K
Aug 2025$135K
Jul 2025$139K
Jun 2025$169K
May 2025$184K
Apr 2025$170K
Mar 2025$152K
Feb 2025$152K
Jan 2025$129K
Dec 2024$105K
Nov 2024$91.3K
Oct 2024$124K
Sep 2024$134K
Aug 2024$134K
Jul 2024$141K
Jun 2024$155K
May 2024$196K
Apr 2024$171K
Mar 2024$160K
Feb 2024$155K
Jan 2024$130K
Dec 2023$114K
Nov 2023$94.3K
Oct 2023$124K

State revenue sharing, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$38.8K
Aug 2026$38.8K
Jul 2026$38.8K
Jun 2026$38.4K
May 2026$38.4K
Apr 2026$38.4K
Mar 2026$38.4K
Feb 2026$38.4K
Jan 2026$38.4K
Dec 2025$41K
Nov 2025$41K
Oct 2025$41K
Sep 2025$42.2K
Aug 2025$42.2K
Jul 2025$42.2K
Jun 2025$36.3K
May 2025$36.3K
Apr 2025$36.3K
Mar 2025$36.3K
Feb 2025$36.3K
Jan 2025$36.3K
Dec 2024$36.3K
Nov 2024$39.8K
Oct 2024$39.8K
Sep 2024$39.8K
Aug 2024$39.8K
Jul 2024$39.8K
Jun 2024$41.7K
May 2024$41.7K
Apr 2024$41.7K
Mar 2024$41.7K
Feb 2024$41.7K
Jan 2024$41.7K
Dec 2023$41.7K
Nov 2023$41.7K
Oct 2023$41.7K

Long-term debt by fiscal year

Total long-term debt outstanding at fiscal year end, all funds, as the government reported it to the Department of Financial Services in its Annual Financial Report.

Fiscal yearDebt outstandingChange
FY2025$44.5M-8.0%
FY2024$48.3M-9.1%
FY2023$53.2M-8.2%
FY2022$57.9M-14.1%
FY2021$67.4M-9.6%
FY2020$74.6M-6.4%
FY2019$79.8M-9.6%
FY2018$88.3M-6.5%
FY2017$94.4M-5.7%
FY2016$100M-2.0%
FY2015$102M+41.7%
FY2014$72.1M+95.7%
FY2013$36.8Mn/a

Revenues by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Taxes$20.1M$19.2M+4.8%
Permits, Fees, and Special Assessments$6.44M$6.52M-1.3%
Intergovernmental Revenues$7.83M$6.07M+28.9%
Charges for Services$9.49M$9.57M-0.8%
Judgments, Fines, and Forfeits$133K$144K-7.3%
Miscellaneous Revenues$3.96M$3.17M+24.8%
Other Sources$3.63M$1.73M+109.5%
Taxesn/an/an/a
Intergovernmental Revenuen/an/an/a
Permits and Franchise Feesn/an/an/a

Expenditures by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Services (Not Court-Related)$14.5M$8.72M+66.4%
Public Safety$14.9M$12.2M+22.6%
Physical Environment$12.9M$12.2M+5.2%
Transportation$4.19M$2.81M+49.1%
Economic Environment$13.6K$77.2K-82.4%
Culture / Recreation$4.98M$4.34M+14.9%
Other Uses and Non-Operating$5.08M$1.72M+195.0%
Other Usesn/an/an/a

Bank deposits

June 30, 2026
Deposits (offices reporting this city)$177MDeposits, June 30 each year, 1994 to 20261994$198M high2026
Change on a year earlier-10.5%June 30, 2026
Change, real-13.3%June 30, 2026
Branches3June 30, 2026
Institutions3June 30, 2026
Branches opened since the survey a year earlier0June 30, 2026
Branches closed since the survey a year earlier0June 30, 2026

FDIC Summary of Deposits, Florida offices, every June 30 since 1994, retrieved 2026-10-01 | Bank deposits

Offices whose reported city is Islamorada.

More

Offices, June 30, 2026

Deposits as each office reports them to the FDIC; the city is the one the bank reports, not a municipal boundary.

InstitutionBranchAddressCityDeposits
Centennial BankIslamorada Key Branch81541 Old HwyIslamorada$73.1M
First Horizon BankIslamorada Branch80900 Overseas HwyIslamorada$63.5M
First State BankIslamorada Branch81621 Old HwyIslamorada$40.2M

Sources on this page

Cards not shown

Every figure on this page is read from the place file below, which carries each figure with its value, period, source, source URL and retrieval date.

Downloads

PDF report Excel workbook JSON

The PDF carries the same figures and source lines as this page. The workbook has one sheet per card. The JSON is the place file every page, export and feed reads, at a stable public path: /data/localflare/places/1234132.json. The index of every place is at /data/localflare/index.json.