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Cedar Grove, Florida Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Cedar Grove, Florida had a total population of 3,802, the 545th largest community in Florida, with a median household income of $74,625, which is about the same as the state average. The poverty rate is 17.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Cedar Grove Quick Facts

Population 3,802
Median Household Income $74,625
Median Home Value $176,100
Poverty Rate 17.5%
Unemployment Rate 6.3%
Median Age 37.3 years
Homeownership Rate 66.6%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 16.4%
High School Graduation Rate 84.6%
Diversity Index 54/100
Population 3,802 545th of 955
Median Income $74,625 average
Poverty Rate 17.5% 41% higher than national
Median Home Value $176,100 bottom 20%

How Cedar Grove Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,9113,802+30.6%
Median household income$44,202$74,625+68.8%
Median home value$147,400$176,100+19.5%

How Cedar Grove Compares

Economy & Housing

Household Income Distribution

Under $25K 16.4%
$25K-$50K 20.2%
$50K-$100K 31.0%
$100K+ 32.4%
Detailed income brackets
Under $10K
1.8%
$10K-$15K
4.4%
$15K-$20K
7.6%
$20K-$25K
2.5%
$25K-$30K
7.0%
$30K-$35K
4.8%
$35K-$40K
4.9%
$40K-$45K
1.7%
$45K-$50K
1.8%
$50K-$60K
5.7%
$60K-$75K
8.1%
$75K-$100K
17.2%
$100K-$125K
12.0%
$125K-$150K
13.3%
$150K-$200K
4.3%
$200K+
2.9%

Employment

6.3% Unemployment Rate State: 4.8%|National: 5.2%
63.2% Labor Force Participation

Housing Overview

Owner 66.6%
Renter 33.4%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $1,420/mo 22.8% of median household income annually

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Cedar Grove Rankings in Florida

#545 Population of 955
#409 Median Income of 911
#728 Education of 955
#770 Home Value of 901

Other Cities in Bay County

CityPopulationMedian IncomePovertyHome Value
Panama City 34,979 $62,265 17.6% $268,900
Lynn Haven 20,081 $80,973 6.5% $320,000
Panama City Beach 18,971 $80,941 10.0% $441,300
Upper Grand Lagoon 17,232 $82,157 8.1% $373,200
Callaway 13,496 $65,609 9.6% $250,300
Springfield 8,230 $54,462 22.3% $188,600
Parker 4,509 $69,657 6.8% $224,200
Lower Grand Lagoon 4,287 $74,044 15.3% $397,200
Laguna Beach 3,830 $76,607 5.5% $438,100
Pretty Bayou 2,906 $85,208 5.8% $298,900

Cities Similar to Cedar Grove

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Laguna Beach3,830$76,607$438,10038.7%5.5%
Lely3,804$69,846$326,10035.1%7.8%
Umatilla3,854$71,077$227,60016.1%11.0%
Madeira Beach3,953$75,781$722,80049.3%5.5%
Eagle Lake3,893$70,523$256,30018.5%9.5%

Population Overview

Cedar Grove is a small community located in Florida, within Bay County. The total population is 3,802. It ranks as the 545th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Cedar Grove is 37.3 years. This is 12% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Cedar Grove is $74,625. This is about the same as the state median of $74,568. It is also 8% lower than the national median of $80,734. The poverty rate stands at 17.5%. This is 39% higher than the state poverty rate of 12.6%. The unemployment rate is 6.3%. This is 30% higher than the state rate of 4.8%. The median home value is $176,100. Housing costs are 51% lower than the state median of $359,000. With a home-value-to-income ratio of just 2.4x, Cedar Grove is one of the most affordable housing markets in the area. 66.6% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Cedar Grove is White (non-Hispanic), making up 64.2% of the population. Black or African American residents account for 15.5%.

Education

16.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 52% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.6%.

Data Sources & Methodology

All demographic data for Cedar Grove, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Cedar Grove, Florida?

Cedar Grove, Florida has a population of 3,802 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cedar Grove, FL?

The median household income in Cedar Grove is $74,625, which is 8% lower than the national median of $80,734.

What is the poverty rate in Cedar Grove, FL?

The poverty rate in Cedar Grove is 17.5%. This means approximately 666 residents live below the federal poverty line.

What is the racial makeup of Cedar Grove, Florida?

Cedar Grove's population is 64.2% White, 15.5% Black, 13.9% Hispanic/Latino, and 3.4% Asian.

What is the median home value in Cedar Grove, FL?

The median home value in Cedar Grove is $176,100. The home-value-to-income ratio is 2.4x.

How educated is Cedar Grove, Florida?

16.4% of adults (25+) in Cedar Grove hold a bachelor's degree or higher, and 8.3% hold a graduate or professional degree.