How much do homeowners pay a month in North Merritt Island, FL?

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

Homeowners with a mortgage in North Merritt Island, FL pay a median of $2,591 (±$186) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $745 (±$100).

59.2% of owned homes carry a mortgage.

Figures last updated on November 12, 2026.

With a mortgage: $2,591 (±$186)
Without a mortgage: $745 (±$100)
Owned with a mortgage: 59.2%

Monthly owner costs in North Merritt Island

Median selected monthly owner costs, estimate (90% margin of error)
	North Merritt Island	Brevard County	Florida	United States
With a mortgage	$2,591 (±$186)	$1,805 (±$21)	$1,959 (±$5)	$1,963
Without a mortgage	$745 (±$100)	$608 (±$15)	$673 (±$3)	$638
Owned homes with a mortgage	59.2% (±6.7 points)	56.3% (±1.0 points)	56.3% (±0.2 points)	60.6%
Median real estate taxes (a year)	$3,150 (±$329)	$2,311 (±$40)	$2,730 (±$10)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In North Merritt Island, the median cost with a mortgage is higher than in Brevard County ($1,805).

It is also higher than in Florida ($1,959).

It is higher than the national figure ($1,963).

In Brevard County, North Merritt Island ranks 3 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 147 of 830.

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

Median monthly cost with a mortgage in places near North Merritt Island

Nearest places with a published estimate, compared with North Merritt Island
Place	Distance	Median monthly cost with a mortgage	Compared with this place
North Merritt Island	—	$2,591 (±$186)	—
Sharpes	3.2 mi	$1,676 (±$154)	Lower
Tropical Park	5.6 mi	$1,608 (±$481)	Lower
Port St. John	6.0 mi	$1,592 (±$80)	Lower
Cocoa	6.6 mi	$1,424 (±$86)	Lower
Cocoa West	7.9 mi	$1,407 (±$352)	Lower
Cape Canaveral	8.1 mi	$1,759 (±$216)	Lower
Rockledge	9.8 mi	$1,749 (±$118)	Lower
Titusville	10 mi	$1,628 (±$92)	Lower

Nearby places with a measurably lower figure: Sharpes, FL ($1,676), Tropical Park, FL ($1,608), Port St. John, FL ($1,592).

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

Median monthly cost with a mortgage across Brevard County, place by place

Rank	Place	Median monthly cost with a mortgage
1	Melbourne Beach	$2,812 (±$137)
2	Grant-Valkaria	$2,678 (±$502)
3	North Merritt Island	$2,591 (±$186)
4	Indialantic	$2,548 (±$371)
5	Viera West	$2,497 (±$183)
6	Satellite Beach	$2,336 (±$138)
7	South Patrick Shores	$2,325 (±$307)
8	Malabar	$2,316 (±$296)
9	Cocoa Beach	$2,312 (±$168)

Showing 9 of 28 places in Brevard County, ranked from highest to lowest.

North 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 North Merritt Island

What is the average mortgage payment in North Merritt Island?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in North Merritt Island, FL is $2,591 (±$186) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in North Merritt Island?

Owners without a mortgage in North Merritt Island pay a median of $745 (±$100) a month in taxes, insurance, utilities and fees.

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 North Merritt Island CDP, Florida (place:49435, in state:12).

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

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

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.