Economy in Merritt Island, Florida
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Economy
| Unemployment Rate | 11.10% | 9.10% |
| Recent Job Growth | -1.09% | -0.12% |
| Future Job Growth | 26.72% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $30,874 | $27,067 |
| Household Income | $55,160 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.01% | 12.10% |
| Income between 15K and 25K | 9.83% | 10.18% |
| Income between 25K and 35K | 11.94% | 10.56% |
| Income between 35K and 50K | 14.32% | 14.98% |
| Income between 50K and 75K | 18.02% | 19.53% |
| Income between 75K and 100K | 13.10% | 12.52% |
| Income between 100K and 150K | 14.17% | 12.14% |
| Income between 150K and 250K | 4.67% | 3.91% |
| Income between 250K and 500K | 3.40% | 3.34% |
| Income greater than 500K | 0.54% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.58% | 13.81% |
| Professional and Related Occupations | 27.73% | 22.68% |
| Service | 15.79% | 14.51% |
| Sales and Office | 24.15% | 25.22% |
| Farming, Fishing, and Forestry | 0.34% | 0.68% |
| Construction, Extraction, and Maintenance | 8.64% | 9.37% |
| Production, Transportation, and Material Moving | 11.16% | 15.86% |
The unemployment rate in Merritt Island, FL, is 11.10%, with job growth of -1.09%. Future job growth over the next ten years is predicted to be 26.72%.
Merritt Island, FL Taxes
Merritt Island, FL,sales tax rate is 6.00%. Income tax is 0.00%.
Merritt Island, FL Income and Salaries
The income per capita is $30,874, which includes all adults and children. The median household income is $55,160.
Merritt Island Economy SperlingViews
Florida livng: New to the area, but soon to know more. Florida is a sunshine state... (read more)Where Launch Begins: Merritt Island is like summer year round. Few days below freezing... (read more)It Has It's Benefits, But Is Not For Everyone...: Merritt Island is a small town bordered by the Indian & Banana Rivers. People are friendly. The attitude is laid back and slow. Weather is typical Florida...pretty... (read more)Have an opinion about Merritt Island? Leave a commentTo See All SperlingViews for Merritt Island Click Here
