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CITY · 2020 ACS

Cedar Key

Florida · 687 residents · 1.026 sq mi
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The short version

Cedar Key has roughly average household income, with a median household income of $65,455. Population has declined 13% since 2000. Median home value has more than doubled since 2000, reaching $265,700. With a median age of 64.4, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 64.4
US median: 38.8
More educated
39% hold a bachelor's degree
US average: 33%
Less affordable
home values up 33%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
687
−13%since 2000
from 790 in 2000
1990 – 2025
Population density
670 / sq mi
−13%since 2000
from 770 / sq mi in 2000
US average: 280
Median age
64.4
+19%since 2000
from 54.1 in 2000
US average: 38.8
Population, 1990 – 2024
4705987278559831990201020202024Cedar Key
2024875
1990201020202024
Section 02

Income & economy

Median household income
$65,455
+35%inflation adjusted, since 2000
from $32,232 in 2000
US average: $66,278
1990 – 2024
Per capita income
$35,749
+58%since 2000
from $22,568 in 2000
US average: $35,364
Households earning $100K+
44.3%
+15.6 ptssince 2009
from 28.7% in 2009
US average: 43.9%
Poverty rate
12.4%
+1.2 ptssince 2000
from 11.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade22.4%
US avg: 6.7%
Other services10.6%
US avg: 6.6%
Transportation & warehousing5.4%
US avg: 2.5%
Information5.4%
US avg: 11.1%
Retail trade3.3%
US avg: 10%
Agriculture, forestry, fishing2.7%
US avg: 1.7%
Construction2.7%
US avg: 1.2%
Public administration2.1%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$265,700
+33%inflation adjusted, since 2000
from $132,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$880
+13%inflation adjusted, since 2000
from $516 in 2000
US average: $1,124
Owner-occupied
78.2%
+1.1 ptssince 2000
from 77.1% in 2000
21.8% rent
Afford Score
4.1
−2%since 2000
from 4.1 in 2000
1990 – 2024
RELATED:See current rent listings in Cedar Key on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.5%(762)
Black0.1%(1)
Hispanic / Latino1.5%(12)
Asian0.3%(2)
Other0%
Diversity Score4.7%(38)
2020
White, non-Hispanic90%(618)
Black1.9%(13)
Hispanic / Latino4.4%(30)
Asian0%(0)
Other1.2%(8)
Diversity Score18.1%(124)
Diversity Score
18
+281%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
39.2%
+4.8 ptssince 2000
from 34.4% in 2000
US average: 32.9%
High school or higher
96.1%
+9.0 ptssince 2000
from 87.1% in 2000
US average: 88.5%
Graduate degree
23.3%
+7.5 ptssince 2000
from 15.7% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
13.5 min
−30%since 2000
from 19.4 min in 2000
US average: 26.9
Drive alone to work
74.3%
+17.8 ptssince 2009
from 56.6% in 2009
US average: 75.1%
No vehicle available
0.0%
−9.1 ptssince 2009
from 9.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.3%
−11.2 ptssince 2011
from 15.5% in 2011
US average: 5.4%
Labor force participation
46.6%
+4.7 ptssince 2011
from 41.9% in 2011
US average: 63.4%
Management & professional
42.6%
−25.4 ptssince 2009
from 68.0% in 2009
US average: 39.3%
Section 08

People & community

Male
52.5%
+7.1 ptssince 2009
from 45.4% in 2009
Female
47.5%
−7.1 ptssince 2009
from 54.6% in 2009
Foreign born
0.4%
−3.7 ptssince 2009
from 4.1% in 2009
US average: 13.5%
Uninsured
15.1%
−72.1 ptssince 2013
from 87.2% in 2013
US average: 8.8%
Drill deeper

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Compare Cedar Key to nearby cities

CEDAR KEY VS
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Income$68,011+4%
Home value$240,000−10%
Population12,215+1542%
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CEDAR KEY VS
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Income$71,014+8%
Home value$384,800+45%
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CEDAR KEY VS
Homosassa Springs
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Home value$158,200−40%
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CEDAR KEY VS
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Income$46,488−29%
Home value$164,500−38%
Population9,650+1197%
SEE FULL COMPARISON →
Frequently asked

How many people live in Cedar Key, Florida?

Cedar Key, Florida has about 687 residents according to the 2020 American Community Survey.

What is the median household income in Cedar Key, Florida?

The typical household in Cedar Key, Florida earns about $65,455 a year. Half of households make more than that, and half make less.

Is Cedar Key, Florida expensive?

In Cedar Key, Florida, the median home is worth about $265,700, and the typical rent is about $880 a month.

How educated are people in Cedar Key, Florida?

About 39.2% of adults age 25 and over in Cedar Key, Florida hold a bachelor's degree or higher.

What is the poverty rate in Cedar Key, Florida?

About 12.4% of people in Cedar Key, Florida live below the federal poverty line.

Has Cedar Key, Florida grown since 1990?

Yes, Cedar Key, Florida has grown since 1990. The population has added about 5 residents, a change of about 1 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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