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US City Data

Cedar Key, FL

Population 756 · Florida

Population
756
Median Income
$69,226
Median Home Value
$331,100
Median Rent
$918/mo

About Cedar Key, FL

Cedar Key is a small community in Florida with a population of 756 residents. The median household income is $69,226 per year, which is near the national average. The median age in Cedar Key is 68.4 years.

Housing in Cedar Key has a median home value of $331,100 and median monthly rent of $918. Of the 819 total housing units, the majority are owner-occupied, with 315 owner-occupied and 54 renter-occupied units.

The unemployment rate in Cedar Key is 4.2% and the poverty rate is 17.9%. 49.7% of residents hold a bachelor's degree or higher. The average commute time is 20.1 minutes.

Cost of Living in Cedar Key, FL

Compared to national averages, Cedar Key has a median household income of $69,226 (8% below the national median of $75,149). Home values average $331,100, which is 35% above the national median. Monthly rent at $918 is 21% below the US average of $1,163. Within Florida, Cedar Key's income is 9% below the state average of $75,893, and home values are 6% below the state median of $353,675.

Income vs National
$69,226
National: $75,149
Florida: $75,893
Home Value vs National
$331,100
National: $244,900
Florida: $353,675
Rent vs National
$918
National: $1,163
Florida: $1,511
Unemployment vs National
4.2%
National: 3.7%
Florida: 5.8%

Why Live in Cedar Key, FL?

Cedar Key offers rent that’s lower than the national average at $918/month, and a well-educated community where 49.7% of residents hold a bachelor’s degree or higher, and short commute times averaging just 20.1 minutes.

Potential considerations include median household income ($69,226) that falls below the national average. However, Cedar Key’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Cedar Key has a population of 756 with a median age of 68.4 years. Compare Cedar Key with other cities to see how it stacks up, or explore all cities in Florida.

Similar Cities Near Cedar Key

Cities in Florida with a similar population size.

CityPopulationMedian IncomeHome Value
Duck Key755$135,000$989,900Compare
Melbourne Village753$93,846$348,600Compare
Heritage Bay752$105,972$558,800Compare
Paisley762$64,291$182,300Compare
Gulf Stream766$196,806$2,000,001Compare
Marco Shores-Hammock Bay746$80,795$526,500Compare
Hosford769$68,636$121,000Compare
Desoto Acres770$77,102$502,800Compare

Demographics

68.4
Median Age
339
Male
417
Female
3.7%
Foreign Born

Racial & Ethnic Composition

White0Hispanic/Latino0.5Black2.8Asian0.8Two or More5.2

Economy & Education

4.2%
Unemployment Rate
17.9%
Poverty Rate
49.7%
Bachelor's Degree+
20.1 min
Avg Commute

Housing

819
Total Housing Units
315
Owner Occupied
54
Renter Occupied

Other Cities in Florida

Big Coppitt KeyBig Pine KeyCedar GroveCudjoe KeyDuck KeyFlorida City

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Cedar Key With Other Cities

Cedar Key vs Big Coppitt KeyCedar Key vs Big Pine KeyCedar Key vs Cedar GroveCedar Key vs Cudjoe Key

Frequently Asked Questions about Cedar Key

What is the population of Cedar Key, FL?

The population of Cedar Key, FL is 756 according to the latest Census data.

What is the median household income in Cedar Key?

The median household income in Cedar Key, FL is $69,226 per year.

What is the median home value in Cedar Key?

The median home value in Cedar Key, FL is $331,100.

What is the average rent in Cedar Key?

The median monthly rent in Cedar Key, FL is $918.

What is the unemployment rate in Cedar Key?

The unemployment rate in Cedar Key, FL is 4.2%.

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