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Merritt Island, Florida   Add Favorite    5 Reviews | Review This Place




Find your Best Mortgage in Merritt Island: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Climate
-Water recreation
-Cost of living

Cons

-Violent crime rate
-Rising living costs
-Arts and culture


What Bert Has To Say About Palm Bay-Melbourne-Titusville Metro Area


Palm Bay, Melbourne, and Titusville anchor a large and complex area of barrier islands, beach and coastal communities comprising what is known as the “Space Coast.” Cape Canaveral and the John F. Kennedy Space Center are located on the northernmost large barrier islands, adding considerable interest and economic benefit to the area. There are fine beaches on these islands, while the coast cities tend to carry most of the commercial, residential, and agricultural activity. Driven in part by the NASA facilities, there are a number of high tech firms in the area. The more family-oriented Palm Bay is the most populous of the three.


Bert Suggests test-driving a neighborhood in Merritt Island with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Merritt Island


    ECONOMY
    The unemployment rate in Merritt Island is 5.20 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Merritt Island jobs have Increased by 0.86 percent.
    COST OF LIVING
    Compared to the rest of the country, Merritt Island's cost of living is 8.60% Higher than the U.S. average.
    POPULATION
    As of 2014, Merritt Island's population is 35,063 people. Since 2000, it has had a population growth of 6.62 percent.
    TRANSPORTATION
    Average Commute time is 24 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Merritt Island is $234,600. Home appreciation the last 10 years has been -22.52%.
    SCHOOLS
    Merritt Island public schools spend $8,466 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Merritt Island.

Merritt Island Ranked & Rated



Merritt Island Housing Market


It's a good time to buy in Merritt Island. Home Appreciation is up 17.4% in the last 12 months. Browse Merritt Island Real Estate.
The median home price in Merritt Island is $234,600. Browse Homes in this Range.
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Reviews for Merritt Island, Florida


Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  4/3/2014
Generally pretty good

It can get hot in the summer, but you get a breeze off the ocean most afternoons. If you live on the waterways, it seems to be a little cooler. Winters are... (Read More)

 102

 124

  4/26/2011
Florida livng

New to the area, but soon to know more. Florida is a sunshine state... (Read More)

 86

 112

  9/8/2008
ARCHITECTURE

Coming from Virginia, the Merritt Island architecture leaves a lot to be desired. Hurricane season (June - November) causes me a lot of... (Read More)

 102

 115

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