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The total population of Cedar Key is estimated to be 940 with 448 males (47.66%) and 492 females (52.34%). There are 44 more females than males in Cedar Key.
The median household income in Cedar Key was $67,868 in 2021, which marked an a decrease of 6,302(8.50%) from $74,170 in 2020. This income is 90.97% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cedar Key sees its highest median household income among householders in the age group of 45 to 64 years old, at $122,233. Overall, the median household income for the city of Cedar Key stands at $67,868.
In Cedar Key, the median income for all workers aged 15 years and older, regardless of work hours, was $43,293 for males and $25,201 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,249 for males and $56,297 for females.
In Cedar Key, population is primarily represented by White households, reporting a median income of $76,545.
In 2022, the population of Cedar Key was 720, a 2.27% increase year-by-year from 2021. Previously, in 2021, Cedar Key's population was 704, an increase of 2.33% compared to a population of 688 in 2020.
The median age in Cedar Key, FL is 54.2, as per 2021 ACS 5-Year Estimates. Of the total population, 8.81% were under the age of 15, 23.86% aged 15 to 29, 28.99% aged 30 to 64, 36.90% aged 65 to 84, and 1.45% were 85 years of age and older.
Racial distribution of Cedar Key population: 87.29% are White, 10.14% are Black or African American and 2.56% are multiracial.