2025 Compare Cities Economy:
Lake Placid, FL vs Cedar Key, FL

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Highlights
- Household income in Cedar Key, is 51% more than it is in Lake Placid and is 10% below the National Average.
- Lake Placid unemployment rate is 6.2%.
- Cedar Key unemployment rate is 5.0%.
 Lake Placid, FLCedar Key, FLUnited States
 Unemployment Rate  Unlock5.0%6.0%
 Recent Job Growth  Unlock1.0%1.6%
 Future Job Growth30.4%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$21,336  Unlock$37,638
 Household Income  Unlock$62,788$69,021
 Family Median Income$42,625  Unlock$85,028
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 Est. Households By Income
 Lake Placid, FLCedar Key, FLUnited States
 Income Less Than 15K  Unlock19.2%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock14.8%8.1%
 Income between 30K and 40K5.8%  Unlock8.0%
 Income between 40K and 50K  Unlock0.8%7.6%
 Income between 50K and 60K7.5%  Unlock7.2%
 Income between 60K and 75K  Unlock17.9%9.6%
 Income between 75K and 100K5.1%  Unlock12.8%
 Income between 100K and 150K  Unlock11.3%16.3%
 Income between 150K and 200K1.2%  Unlock7.8%
 Income greater than 200K  Unlock12.0%9.5%
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 Population By Occupation
 Lake Placid, FLCedar Key, FLUnited States
 Management, business, finance6.5%  Unlock16.4%
 Engineering, computers, science  Unlock5.3%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock4.3%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock7.2%2.0%
 Healthcare practitioners and technology0.0%  Unlock6.2%
 Healthcare support  Unlock3.6%3.3%
 Firefighters, law enforcement6.4%  Unlock2.1%
 Food preparation, serving  Unlock4.6%5.4%
 Building maintenance12.5%  Unlock3.6%
 Personal care  Unlock0.0%2.6%
 Sales, office, administrative support20.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair9.7%  Unlock8.1%
 Production, transportation, material moving  Unlock0.0%13.1%
Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 10 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

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Reviews for Cedar Key    1 Reviews

Over 17 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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