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Merritt Island, FL

Full City Profile · Florida · Brevard County County

3.6 /5.0
B+ Good
34,718 Population 2,046/sq mi density
$91,020 Median Income $52,695 per capita
$379,700 Home Value $422,387 Zillow
$1,348 Median Rent 30.4% income on rent
73°F Avg Temperature 314 sunny days/yr
846 Violent Crime/100K 5,543 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$91,020 median income, 2.3% unemployment
A
Affordability
4.3 / 5.0
$379,700 home value, $1,348/mo rent
F
Safety
1.0 / 5.0
846 violent crimes/100K (123% above avg)
A
Education
4.3 / 5.0
41.8% bachelor's degree or higher

Income Overview

Median Household Income
$91,020
21% above
US avg: $75,149
Per Capita Income
$52,695
35% above
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
5.9%
52% below
US avg: 12.4%

Income Comparison: Merritt Island vs. U.S. Average

Each bar shows Merritt Island’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$91,020
121%
Per Capita
US: $39,052
$52,695
135%
IRS Avg AGI
US: $72,000
$81,586
113%
Avg Weekly Wage
US: $1,432
$1,309
91%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,309
9% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
17.4%
14% above US avg (15.2%)
Drive Alone
75.3%
3% above US avg (73.2%)
Public Transit
0.2%
96% below US avg (5.0%)
County GDP
$43,482M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.3%
Public Transit 0.2%
Work From Home 17.4%
Other 7.1%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
18,850
Restaurants
1,318
Healthcare
1,814
Retail
2,025
Manufacturing
466

Tax & Financial

IRS Avg Adjusted Gross Income
$81,586
13% above US avg ($72,000)
Avg Property Tax
$6,090
74% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$91,020
Per Capita Income$52,695
IRS Avg Adjusted Gross Income$81,586
Avg Weekly Wage$1,309
County GDP$43,482M

Hardship Indicators

Unemployment Rate2.3%
Poverty Rate5.9%
Gini Coefficient0.452
Cost of Living Index103.4

Commute

Mean Commute25 minutes
Drive Alone75.3%
Public Transit0.2%
Work From Home17.4%

Businesses

Total Establishments18,850
Restaurants1,318
Healthcare1,814
Retail2,025
Manufacturing466

Tax

IRS Avg AGI$81,586
Avg Property Tax$6,090