In 1994 the municipality Reykjanesbær was created through the merger of Keflavík, Njarðvík and Hafnir. The municipality is the fifth largest in Iceland with population of about 17.500 people and is located on the Reykjanes peninsula in southwestern Iceland. Keflavík is the largest town of the municipality and is best known for it’s location next to the Keflavík International Airport. 

From 1951-2006 Keflavík was the home of the NATO military base which has now been closed down and renamed Ásbrú. Today the university of Keilir is located at Ásbrú as well as other businesses and the area is known as the center of innovation in Iceland.

The main occupations of the town are commerce, service and industry but many people work at the Keflavík airport as well as in the fishing industry. The town offers good public service including a church, hospital, grocery store, bank, post office and other service. There are many restaurants and shops in town as well as good accommodation. For those who like the nature there are many interesting hiking trails in the unique nature of the Reykjanes. There are many interesting museums in Reykjanesbær including the Viking World, the home of the Viking Ship Íslendingur (the icelander), located in Njarðvík. For families with children Waterworld is fun place with heated pool, outdoor pool, hot tubs and water slides.