What is the median household income in North Merritt Island, FL?
The median household income in North Merritt Island, FL is $104,878 (±$17,962) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,274 a month would take about $51,000 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $104,878 (±$17,962)
- Median renter income
- $47,057 (±$26,909)
- Income to afford median rent
- about $51,000
Income in North Merritt Island against Brevard County, its state and the nation
| North Merritt Island | Brevard County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $104,878 (±$17,962) | $78,476 (±$1,054) | $74,568 (±$284) | $80,734 |
| Median renter household income | $47,057 (±$26,909) | $52,625 (±$1,865) | $53,617 (±$353) | $52,966 |
| Median owner household income | $131,379 (±$30,871) | $87,671 (±$1,614) | $88,144 (±$469) | $100,009 |
| Median gross rent | $1,274 (±$246) | $1,556 (±$27) | $1,669 (±$5) | $1,413 |
In North 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, North Merritt Island ranks 5 of 29 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 131 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 North 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 $1,274 a month ($15,288 a year) needs an income of about $51,000 a year.
The median renting household in North Merritt Island earns $47,057 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.
Median household income in places near North Merritt Island
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| North Merritt Island | — | $104,878 (±$17,962) | — |
| Sharpes | 3.2 mi | $69,531 (±$13,263) | Lower |
| Tropical Park | 5.6 mi | $35,732 (±$18,522) | Lower |
| Port St. John | 6.0 mi | $87,736 (±$8,802) | Not measurably different |
| Cocoa | 6.6 mi | $63,105 (±$10,431) | Lower |
| Cocoa West | 7.9 mi | $34,126 (±$11,025) | Lower |
| Cape Canaveral | 8.1 mi | $67,276 (±$11,228) | Lower |
| Rockledge | 9.8 mi | $84,255 (±$6,855) | Lower |
| Titusville | 10 mi | $66,192 (±$5,283) | Lower |
Nearby places with a measurably lower figure: Sharpes, FL ($69,531), Tropical Park, FL ($35,732), 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 |
|---|---|---|
| 1 | Malabar | $128,698 (±$46,983) |
| 2 | Grant-Valkaria | $119,583 (±$26,721) |
| 3 | Satellite Beach | $119,134 (±$11,267) |
| 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) |
Showing 11 of 29 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.
What you can do on Seayora in North Merritt Island
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Questions about North Merritt Island
What is the median household income in North Merritt Island?
The median household income in North Merritt Island is $104,878 (±$17,962) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in North Merritt Island?
About $51,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,274 a month.
What do renters earn in North Merritt Island?
The median renting household in North Merritt Island, FL earns $47,057 (±$26,909) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — North Merritt Island CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — North Merritt Island CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Merritt Island CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — North Merritt Island CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Merritt Island CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Merritt Island CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free 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.
Figures last updated on .
Related
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- Fair Market Rent in North Merritt Island
- Florida landlord and tenant rules
- Housing across Brevard County
- Florida places ranked by median household income
- Housing data for every place in Florida