What is the median household income in Merritt Island, FL?

Name: Income and affordability in Merritt Island, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Merritt Island, FL is $94,012 (±$8,215) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,441 a month would take about $57,600 a year at the common guideline of spending no more than 30% of income on rent.

In Merritt Island, the median household income went from $64,865 in 2015–2019 to $94,012 in 2020–2024 (+44.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median household income: $94,012 (±$8,215)
Median renter income: $54,913 (±$12,052)
Income to afford median rent: about $57,600

Income in Merritt Island against Brevard County, its state and the nation

Income, estimate (90% margin of error)
	Merritt Island	Brevard County	Florida	United States
Median household income	$94,012 (±$8,215)	$78,476 (±$1,054)	$74,568 (±$284)	$80,734
Median renter household income	$54,913 (±$12,052)	$52,625 (±$1,865)	$53,617 (±$353)	$52,966
Median owner household income	$107,963 (±$7,928)	$87,671 (±$1,614)	$88,144 (±$469)	$100,009
Median gross rent	$1,441 (±$77)	$1,556 (±$27)	$1,669 (±$5)	$1,413

In Merritt Island, median household income is higher than in Brevard County ($78,476).

It is also higher than in Florida ($74,568).

It is higher than the national figure ($80,734).

In Brevard County, Merritt Island ranks 10 of 29 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 201 of 846.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Merritt Island

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,441 a month ($17,292 a year) needs an income of about $57,600 a year.

The median renting household in Merritt Island earns $54,913 a year, less than that.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median household income	$64,865 (±$2,981)	$94,012 (±$8,215)	+44.9%	Up after inflation
Median gross rent	$1,019 (±$60)	$1,441 (±$77)	+41.4%	Up after inflation
Median home value	$264,600 (±$11,133)	$402,900 (±$16,436)	+52.3%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Merritt Island

Nearest places with a published estimate, compared with Merritt Island
Place	Distance	Median household income	Compared with this place
Merritt Island	—	$94,012 (±$8,215)	—
Cocoa Beach	3.3 mi	$87,990 (±$9,906)	Not measurably different
Rockledge	3.9 mi	$84,255 (±$6,855)	Not measurably different
Viera East	4.0 mi	$92,467 (±$13,769)	Not measurably different
Tropical Park	5.3 mi	$35,732 (±$18,522)	Lower
Viera West	5.9 mi	$109,170 (±$12,895)	Not measurably different
Patrick AFB	6.7 mi	$76,250 (±$26,404)	Not measurably different
Cocoa West	6.7 mi	$34,126 (±$11,025)	Lower
Cocoa	7.1 mi	$63,105 (±$10,431)	Lower

Nearby places with a measurably lower figure: Tropical Park, FL ($35,732), Cocoa West, FL ($34,126), Cocoa, FL ($63,105).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Brevard County, place by place

Rank	Place	Median household income
4	Viera West	$109,170 (±$12,895)
5	North Merritt Island	$104,878 (±$17,962)
6	Indialantic	$104,184 (±$32,815)
7	Melbourne Beach	$102,857 (±$21,772)
8	Melbourne Village	$100,000 (±$5,349)
9	Indian Harbour Beach	$97,254 (±$16,396)
10	Merritt Island	$94,012 (±$8,215)
11	West Melbourne	$92,986 (±$5,312)
12	Viera East	$92,467 (±$13,769)
13	June Park	$88,243 (±$17,289)
14	Cocoa Beach	$87,990 (±$9,906)
15	Port St. John	$87,736 (±$8,802)
16	South Patrick Shores	$85,660 (±$12,249)

Showing 13 of 29 places in Brevard County, ranked from highest to lowest.

Merritt Island is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Merritt Island

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Merritt Island beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Merritt Island, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Merritt Island, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Merritt Island

What is the median household income in Merritt Island?

The median household income in Merritt Island is $94,012 (±$8,215) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Merritt Island?

About $57,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,441 a month.

Have incomes in Merritt Island kept up with inflation?

In Merritt Island, the median household income went from $64,865 in 2015–2019 to $94,012 in 2020–2024 (+44.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

What do renters earn in Merritt Island?

The median renting household in Merritt Island, FL earns $54,913 (±$12,052) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Merritt Island CDP, Florida (place:44275, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.