What to know when moving to Merritt Island, FL
Merritt Island at a Glance
- The Vibe:
- A community where 45.3% of residents hold a bachelor's degree and only 14.7% are renters.
- The Major Draw:
- Median household income is $98,651, providing a solid financial base for residents.
- The Reality Check:
- With only 0.2% commuting via public transit, it is primarily a car-dependent area.
- Top Tip:
- Budget for a median rent of $1,353 monthly.
The 'Vibe' Check: Who Thrives Here?
Merritt Island showcases a population of 21,354, with a notable emphasis on education as 45.3% of residents have a bachelor's degree or higher. The median household income of $98,651 indicates a strong economic position, while the low renter percentage of 14.7% suggests a predominantly owner-occupied housing market. Expect minimal public transit usage, as only 0.2% of the population relies on it for commuting.
Probably not your spot if: you prefer a vibrant public transit system, as the area is very car-dependent.
Your Money: Housing & Cost Snapshot
- Median rent stands at $1,353, which is practical for budgeting in the area.
- The median owner-occupied home value is $404,000, indicating a stable housing market.
- With 45.3% of residents holding a bachelor's degree, the community emphasizes education and professional employment.
- The poverty rate is a low 6.0%, reflecting economic stability.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Schools & Higher Ed
The education landscape in the area includes two postsecondary institutions, enhancing local access to higher education.
- Academy of Cosmetology in Merritt Island
- Eastern Florida State College in nearby Melbourne
Source: NCES Postsecondary School Locations, U.S. Dept. of Education College Scorecard.
Weather & Getting Outside
Brevard County experiences an annual precipitation of 58.5 inches, with about 141 rainy days each year. This means it's wise to have rain gear handy. Outdoor enthusiasts can enjoy a variety of parks and recreational areas.
- Jetty Park Campground (4.5 stars, 4,243 reviews)
- Cocoa Beach Catamaran (5 stars, 3,503 reviews)
- Cocoa Riverfront Park (4.7 stars, 3,500 reviews)
- Pelican Beach Park (4.6 stars, 2,725 reviews)
Source: NOAA Climate Data Online, Google Places.
Jobs & the Local Economy
Brevard County's economy is robust with a total employment of 290,781. The unemployment rate stands at 4.8%, indicating a healthy job market.
- Unemployment rate: 4.8% as of December 2025
- Labor force: 305,547 individuals
Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.