Cedar Key, FL
Population 756 · Florida
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.
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.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Duck Key | 755 | $135,000 | $989,900 | Compare |
| Melbourne Village | 753 | $93,846 | $348,600 | Compare |
| Heritage Bay | 752 | $105,972 | $558,800 | Compare |
| Paisley | 762 | $64,291 | $182,300 | Compare |
| Gulf Stream | 766 | $196,806 | $2,000,001 | Compare |
| Marco Shores-Hammock Bay | 746 | $80,795 | $526,500 | Compare |
| Hosford | 769 | $68,636 | $121,000 | Compare |
| Desoto Acres | 770 | $77,102 | $502,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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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%.