At a Glance
Median Income
$69,226
$45,866 per capita
Home Value
$331,100
Zillow: $319,698
Median Rent
$918/mo
51.0% of income on rent
Bachelor's Degree+
49.7%
98.3% high school+
Unemployment
4.2%
15.4% poverty rate
Obesity Rate
32.1%
17.2% smoking rate
How Cedar Key Compares to the U.S. Average
Each bar shows Cedar Key's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Cedar Key a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Cedar Key residents earn a median household income of $69,226 , which is 8% below the national average of $75,149.
Per capita income is $45,866. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). 15.4% of residents live below the poverty line. The area is home to 284 business establishments, including 23 restaurants.
Housing & Cost of Living
The median home value in Cedar Key is $331,100 , 17% above the national median of $281,900.
Zillow estimates the typical home at $319,698. Median rent is $918/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1977.
Education
49.7% of adults in Cedar Key hold a bachelor's degree or higher
(47% above the national average).
98.3% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Cedar Key has an average annual temperature of 69°F (21°C).
Winters average 55°F in January while summers reach 81°F in July. Annual precipitation totals 57.1 inches.
Data Overview
People
Population756
Median Age68.4 yrs
Density734/mi²
Male / Female45% / 55%
Foreign Born3.7%
Veterans19.3%
Economy
B+
Median Income$69,226
Per Capita$45,866
Unemployment4.2%
Poverty15.4%
County GDP$426M
Avg Weekly Wage$878
Housing
B+
Home Value$331,100
Rent$918
Ownership85.4%
Zillow$319,698
Housing Units814
Rent Burden51.0%
Health
Obesity32.1%
Diabetes10.6%
Smoking17.2%
Heart Disease6.4%
Premature Death12,583/100K
Climate
Avg Temp69°F
Rain57.1 in/yr
Elevation-2 ft
Education
A+
Bachelor's+49.7%
High School+98.3%
Graduate+24.0%
School Score5.5/10
Community
2024 VoteR 85% / D 15%
Commute20 min
Broadband92.7%
Internet Speed28 Mbps
EV Stations1
Libraries3
Did You Know?
The median home in Cedar Key was built in 1977.
25.7% work from home.
The nearest airport is Ocala International-Jim Taylor Field (49 miles).
The Gini coefficient (income inequality) is 0.427 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
27.0% of the population has a disability.
The county recorded 9 fatal vehicle crashes.