Brevard County, FL Economy


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Brevard County, Florida is a great place to live and work. With two bedroom rent being $1,380 on average and the grocery cost index at 101 compared to the US average of 100, living expenses are much lower than the national average. Brevard County is home to many large companies such as Harris Corporation, Lockheed Martin, Embraer Aircrafts Corporation and Northrop Grumman. There are also many smaller businesses that have added to the growth of Brevard County including Space Coast Credit Union, Florida Tech University, and Space Coast Stadium. It's clear that Brevard County has something for everyone, from huge corporations to locally run businesses.

Brevard County has an unemployment rate of 4.5%. The US average is 6.0%.

Brevard County has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Brevard County
- The Sales Tax Rate for Brevard County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brevard County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Brevard County
- The average income of a Brevard County resident is $27,360 a year. The US average is $28,555 a year.
- The Median household income of a Brevard County resident is $63,632 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrevard, FloridaUnited States
  4.56
  -4.2%-6.2%
  42.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $36,278$37,638
  $63,632$69,021
  $78,736$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  7.0%6.8%
  11.8%10.0%
  1.7%2.5%
  12.1%11.0%
  3.6%4.8%
  0.6%0.8%
  1.3%1.9%
  3.4%4.7%
  2.2%1.9%
  8.9%7.6%
  0.3%0.1%
  4.8%4.2%
  7.3%9.3%
  13.9%14.0%
  2.3%2.1%
  7.9%7.0%
  4.8%4.8%
  5.5%4.7%
Health