2026 Compare Cities Economy:
Inverness, FL vs Cedar Key, FL

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Highlights
- Household income in Cedar Key, is 59% more than it is in Inverness and is 10% below the National Average.
- Inverness unemployment rate is 6.4%.
- Cedar Key unemployment rate is 5.0%.
 Inverness, FLCedar Key, FLUnited States
 Unemployment Rate  Unlock5.0%6.0%
 Recent Job Growth  Unlock1.0%1.6%
 Future Job Growth29.0%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$24,585  Unlock$37,638
 Household Income  Unlock$62,788$69,021
 Family Median Income$58,385  Unlock$85,028
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 Est. Households By Income
 Inverness, FLCedar Key, FLUnited States
 Income Less Than 15K  Unlock19.2%9.4%
 Income between 15K and 20K7.9%  Unlock3.8%
 Income between 20K and 30K  Unlock14.8%8.1%
 Income between 30K and 40K15.8%  Unlock8.0%
 Income between 40K and 50K  Unlock0.8%7.6%
 Income between 50K and 60K9.4%  Unlock7.2%
 Income between 60K and 75K  Unlock17.9%9.6%
 Income between 75K and 100K10.9%  Unlock12.8%
 Income between 100K and 150K  Unlock11.3%16.3%
 Income between 150K and 200K0.8%  Unlock7.8%
 Income greater than 200K  Unlock12.0%9.5%
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 Population By Occupation
 Inverness, FLCedar Key, FLUnited States
 Management, business, finance15.3%  Unlock16.4%
 Engineering, computers, science  Unlock5.3%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock4.3%1.2%
 Education, library4.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock7.2%2.0%
 Healthcare practitioners and technology8.1%  Unlock6.2%
 Healthcare support  Unlock3.6%3.3%
 Firefighters, law enforcement0.3%  Unlock2.1%
 Food preparation, serving  Unlock4.6%5.4%
 Building maintenance4.7%  Unlock3.6%
 Personal care  Unlock0.0%2.6%
 Sales, office, administrative support21.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair10.2%  Unlock8.1%
 Production, transportation, material moving  Unlock0.0%13.1%
Reviews for Inverness    11 Reviews

I moved here from St Petersburg last spring. I came here because it’s quiet with very little crime. True there isn’t many stores and restaurants but property is  More

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I've lived here for 18 years. Housing is expensive, extra gas tax, no shopping, no nice restaurants, nothing to do, low wages, nepotism is rampant (unless you're a good  More

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Over 8 years ago

We are looking at Inverness to decide if that is were we went to move. Any information  More

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Reviews for Cedar Key    1 Reviews

Over 18 years ago

We live in a small, friendly little fishing town. The friendliness of the people is it's best quality. The best place to meet everyone is at the post office about 11AM  More

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