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The town of Rosewood was destroyed, in what contemporary news reports characterized as a race riot.
Two black families in Rosewood named Goins and Carrier were the most powerful.
In 1993, the Florida Legislature commissioned a report on the incident.
As a result of the findings, Florida became the first U. state to compensate survivors and their descendants for damages incurred because of racial violence.
Most of the local economy drew on the timber industry; the name Rosewood refers to the reddish color of cut cedar wood.
Two pencil mills were founded nearby in Cedar Key; local residents also worked in several turpentine mills and a sawmill three miles (4.8 km) away in Sumner, in addition to farming of citrus and cotton.