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Merritt Island, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Merritt Island, Florida had a total population of 34,992, the 124th largest community in Florida, with a median household income of $94,012, which is 26% higher than the state average. The poverty rate is 7.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Merritt Island Quick Facts

Population 34,992
Median Household Income $94,012
Median Home Value $402,900
Poverty Rate 7.4%
Unemployment Rate 4.1%
Median Age 50.2 years
Homeownership Rate 80.0%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 41.0%
High School Graduation Rate 95.2%
Diversity Index 31/100
Population 34,992 124th of 955
Median Income $94,012 top 30%
Poverty Rate 7.4% 41% lower than national
Median Home Value $402,900 above average

How Merritt Island Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population34,71834,992+0.8%
Median household income$91,020$94,012+3.3%
Median home value$379,700$402,900+6.1%

How Merritt Island Compares

Economy & Housing

Household Income Distribution

Under $25K 10.7%
$25K-$50K 13.4%
$50K-$100K 27.6%
$100K+ 48.2%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
2.5%
$15K-$20K
2.3%
$20K-$25K
2.6%
$25K-$30K
2.4%
$30K-$35K
3.1%
$35K-$40K
2.0%
$40K-$45K
3.1%
$45K-$50K
2.8%
$50K-$60K
6.5%
$60K-$75K
9.0%
$75K-$100K
12.1%
$100K-$125K
12.8%
$125K-$150K
6.5%
$150K-$200K
11.2%
$200K+
17.7%

Employment

4.1% Unemployment Rate State: 4.8%|National: 5.2%
52.8% Labor Force Participation

Housing Overview

Owner 80.0%
Renter 20.0%
Affordability Index Moderate
4.3x home value to income ratio
Median gross rent $1,441/mo 18.4% of median household income annually

People & Demographics

Diversity Index

31out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Merritt Island Rankings in Florida

#124 Population of 955
#222 Median Income of 911
#255 Education of 955
#296 Home Value of 901

Other Cities in Brevard County

CityPopulationMedian IncomePovertyHome Value
Palm Bay 130,132 $72,614 11.7% $283,200
Melbourne 86,576 $66,991 15.8% $306,400
Titusville 49,385 $66,192 11.3% $266,600
Rockledge 29,133 $84,255 9.0% $338,100
West Melbourne 28,795 $92,986 7.3% $377,100
Port St. John 25,120 $87,736 9.9% $281,300
Cocoa 19,554 $63,105 13.1% $246,100
Viera West 17,984 $109,170 3.2% $546,600
Viera East 12,570 $92,467 3.5% $396,700
Cocoa Beach 11,377 $87,990 9.6% $503,200

Cities Similar to Merritt Island

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Richmond West35,593$101,970$489,10033.0%10.5%
East Lake33,283$99,333$488,00049.4%6.2%
Winter Springs38,951$92,574$378,70048.9%6.8%
Carrollwood36,725$81,959$384,60044.0%8.4%
Estero37,858$104,102$461,90050.8%7.7%

Population Overview

Merritt Island is a mid-sized community located in Florida, within Brevard County. The total population is 34,992. It ranks as the 124th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Merritt Island is 50.2 years. This is 18% higher than the state median of 42.6 years. 13.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Merritt Island is $94,012. This is 26% higher than the state median of $74,568. It is also 16% higher than the national median of $80,734. The poverty rate stands at 7.4%. This is 41% lower than the state poverty rate of 12.6%. The unemployment rate is 4.1%. This is 14% lower than the state rate of 4.8%. The median home value is $402,900. Housing costs are 12% higher than the state median of $359,000. The home-value-to-income ratio is 4.3x. 80.0% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Merritt Island is White (non-Hispanic), making up 82.7% of the population. Hispanic or Latino residents account for 6.6%. The White (non-Hispanic) population is significantly higher than the state average (82.7% vs 50.4%). The Black or African American population (2.6%) is well below the state average of 14.6%. The Hispanic or Latino population (6.6%) is well below the state average of 27.4%.

Education

41.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 20% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%. Notably, 17.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Merritt Island, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Merritt Island, Florida?

Merritt Island, Florida has a population of 34,992 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Merritt Island, FL?

The median household income in Merritt Island is $94,012, which is 16% higher than the national median of $80,734.

What is the poverty rate in Merritt Island, FL?

The poverty rate in Merritt Island is 7.4%. This means approximately 2,560 residents live below the federal poverty line.

What is the racial makeup of Merritt Island, Florida?

Merritt Island's population is 82.7% White, 2.6% Black, 6.6% Hispanic/Latino, and 3.2% Asian.

What is the median home value in Merritt Island, FL?

The median home value in Merritt Island is $402,900. The home-value-to-income ratio is 4.3x.

How educated is Merritt Island, Florida?

41.0% of adults (25+) in Merritt Island hold a bachelor's degree or higher, and 17.3% hold a graduate or professional degree.