How much are property taxes in Merritt Island, FL?

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

Homeowners in Merritt Island, FL pay a median of $2,557 (±$135) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $2,655.

Homes without a mortgage pay a median of $2,457.

That is about 0.6% of the median home value of $402,900.

In Merritt Island, the median real estate tax went from $2,145 in 2015–2019 to $2,557 in 2020–2024 (+19.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median real estate taxes: $2,557 (±$135)
With a mortgage: $2,655
Without a mortgage: $2,457
Share of median value: 0.6%

Real estate taxes in Merritt Island against Brevard County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
	Merritt Island	Brevard County	Florida	United States
Median real estate taxes	$2,557 (±$135)	$2,311 (±$40)	$2,730 (±$10)	$3,119
Homes with a mortgage	$2,655 (±$184)	$2,499 (±$42)	$2,993 (±$15)	$3,489
Homes without a mortgage	$2,457 (±$204)	$2,015 (±$73)	$2,319 (±$16)	$2,576
Median home value	$402,900 (±$16,436)	$339,600 (±$3,715)	$359,000 (±$930)	$332,700

In Merritt Island, the median real estate tax is higher than in Brevard County ($2,311).

It is also lower than in Florida ($2,730).

It is lower than the national figure ($3,119).

In Brevard County, Merritt Island ranks 13 of 27 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 370 of 825.

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

Taxes as a share of home value in Merritt Island

The median tax ($2,557) is 0.6% of the median home value ($402,900).

Across Brevard County the same ratio is 0.7%.

Across Florida it is 0.8%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Merritt Island have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median real estate taxes	$2,145 (±$107)	$2,557 (±$135)	+19.2%	No measurable change after inflation
Median home value	$264,600 (±$11,133)	$402,900 (±$16,436)	+52.3%	Up after inflation
Median owner cost with a mortgage	$1,635 (±$60)	$2,070 (±$145)	+26.6%	No measurable change 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 real estate taxes in places near Merritt Island

Nearest places with a published estimate, compared with Merritt Island
Place	Distance	Median real estate taxes	Compared with this place
Merritt Island	—	$2,557 (±$135)	—
Cocoa Beach	3.3 mi	$3,481 (±$302)	Higher
Rockledge	3.9 mi	$2,088 (±$177)	Lower
Viera East	4.0 mi	$2,877 (±$225)	Higher
Viera West	5.9 mi	$4,384 (±$284)	Higher
Cocoa West	6.7 mi	$1,239 (±$344)	Lower
Cocoa	7.1 mi	$1,645 (±$240)	Lower
Cape Canaveral	7.2 mi	$2,398 (±$467)	Not measurably different
Palm Shores	8.2 mi	$1,939 (±$500)	Lower

Nearby places with a measurably lower figure: Rockledge, FL ($2,088), Cocoa West, FL ($1,239), Cocoa, FL ($1,645).

Nearby places with a measurably higher figure: Cocoa Beach, FL ($3,481), Viera East, FL ($2,877), Viera West, FL ($4,384).

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

Median real estate taxes across Brevard County, place by place

Rank	Place	Median real estate taxes
7	Indian Harbour Beach	$3,183 (±$517)
8	North Merritt Island	$3,150 (±$329)
9	South Patrick Shores	$3,023 (±$281)
10	Viera East	$2,877 (±$225)
11	Melbourne Village	$2,826 (±$474)
12	Malabar	$2,567 (±$337)
13	Merritt Island	$2,557 (±$135)
14	West Melbourne	$2,488 (±$185)
15	Cape Canaveral	$2,398 (±$467)
16	June Park	$2,363 (±$301)
17	Rockledge	$2,088 (±$177)
18	Melbourne	$2,075 (±$140)
19	Palm Shores	$1,939 (±$500)

Showing 13 of 27 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.

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Questions about Merritt Island

How much are property taxes in Merritt Island?

The median real estate tax paid by homeowners in Merritt Island, FL is $2,557 (±$135) a year (2020–2024 American Community Survey).

What is the property tax rate in Merritt Island?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.6% of the median home value in Merritt Island, and the actual rate is set by the town, county and school district.

Have property taxes in Merritt Island gone up?

In Merritt Island, the median real estate tax went from $2,145 in 2015–2019 to $2,557 in 2020–2024 (+19.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Merritt Island higher than in Brevard County?

In Merritt Island, the median real estate tax is higher than in Brevard County ($2,311).

It is also lower than in Florida ($2,730).

It is lower than the national figure ($3,119).

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 B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

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.