Cedar Key, FL is a small city located in Levy County. It has a population of around 700 people and is known for its tranquil atmosphere and beautiful scenery. The average 2 bedroom rent in Cedar Key is $930, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Cedar Key is 100, which is the same as the US average.
Cedar Key offers plenty of local businesses like Good Times Coffee Shop & Cafe, Beach Front Motel & RV Park, and Island Hotel & Restaurant to its residents. With these affordable costs of living combined with its pleasant environment and welcoming community, it's no wonder why many choose to call Cedar Key home.
Cedar Key (zip 32625) has an unemployment rate of 5.0%. The US average is 6.0%.
Cedar Key (zip 32625) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Cedar Key (zip 32625)
- The Sales Tax Rate for Cedar Key (zip 32625) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar Key (zip 32625) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cedar Key (zip 32625)
- The average income of a Cedar Key (zip 32625) resident is $33,815 a year. The US average is $37,638 a year.
- The Median household income of a Cedar Key (zip 32625) resident is $51,447 a year. The US average is $69,021 a year.