Last updated: 2024 BLS data · Page refreshed:
Merritt Island has a population of 34,992 with a median age of 50.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 34,992 |
| Median Age | 50.2 |
| White | 85.4% |
| Black or African American | 2.7% |
| Asian | 3.2% |
| Hispanic or Latino | 6.6% |
| Other / Two or More Races | 2.1% |
The median household income in Merritt Island is $94,012, which is 16.6% above the national median of $80,610. The per capita income is $56,114. The poverty rate is 7.4%.
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In Merritt Island, 95.2% of residents age 25+ have a high school diploma or higher, and 41.0% hold a bachelor's degree or higher (17.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.2% |
| Bachelor's Degree or Higher | 41.0% |
| Graduate or Professional Degree | 17.3% |
The median home value in Merritt Island is $402,900, above the national median of $303,400. The median monthly rent is $1,441. The homeownership rate is 80.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $402,900 |
| Median Monthly Rent | $1,441 |
| Homeownership Rate | 80.0% |
| Vacancy Rate | 16.7% |
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