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Florida · Census place 49435

North Merritt Island CDP, FL

Quick answer

North Merritt Island CDP has 8,903 residents, ranking #361 of 955 places in Florida. Median household income is $113,897, the median home is worth $495,400 and median gross rent runs $1,328 a month.

Population
8,903North Merritt Island CDP residents
Median household income
$113,897Past 12 months, inflation adjusted
Median home value
$495,400Owner-occupied units
Median gross rent
$1,328Rent plus utilities, monthly
Median age
52.4 yrsAll residents
Homeownership rate
86.2%Owner-occupied households

What the numbers mean in North Merritt Island CDP

Housing cost measured against local earnings.

A household earning the North Merritt Island CDP median would spend about 14% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.8% of residents and 86.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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