Cedar Key, FL Real Estate
According to census data in the year 2000 there were 693 housing units in Cedar Key.
This represents a 44.7% growth from 479 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 693 were located in what is classified as a rural area.
Homeownership rate in Cedar Key is about 81.3%.
Cedar Key's vacancy rate, including seasonal lodging, is about 42%.
Average household size is 1.93 people.
The majority of houses, apartments or condos in Cedar Key were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 19.50% |
| Two Bedrooms | 47.90% |
| Three Bedrooms | 23.20% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $135,900 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2% |
| Second Mortgage | 0.80% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 35% |
| Debt Free | 56.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
