2025 Compare Cities Economy:
Merritt Island, FL vs Key West, FL

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Highlights
- Household income in Key West, is 3% less than it is in Merritt Island and is 9% above the National Average.
- Merritt Island unemployment rate is 4.5%.
- Key West unemployment rate is 3.2%.
 Merritt Island, FLKey West, FLUnited States
 Unemployment Rate  Unlock3.2%6.0%
 Recent Job Growth  Unlock-7.2%1.6%
 Future Job Growth42.2%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$45,083  Unlock$37,638
 Household Income  Unlock$75,638$69,021
 Family Median Income$102,570  Unlock$85,028
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 Est. Households By Income
 Merritt Island, FLKey West, FLUnited States
 Income Less Than 15K  Unlock6.7%9.4%
 Income between 15K and 20K4.4%  Unlock3.8%
 Income between 20K and 30K  Unlock6.5%8.1%
 Income between 30K and 40K5.9%  Unlock8.0%
 Income between 40K and 50K  Unlock6.6%7.6%
 Income between 50K and 60K7.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K13.2%  Unlock12.8%
 Income between 100K and 150K  Unlock14.7%16.3%
 Income between 150K and 200K8.6%  Unlock7.8%
 Income greater than 200K  Unlock13.0%9.5%
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 Population By Occupation
 Merritt Island, FLKey West, FLUnited States
 Management, business, finance17.3%  Unlock16.4%
 Engineering, computers, science  Unlock2.8%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library6.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.0%2.0%
 Healthcare practitioners and technology7.7%  Unlock6.2%
 Healthcare support  Unlock2.4%3.3%
 Firefighters, law enforcement2.6%  Unlock2.1%
 Food preparation, serving  Unlock12.4%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock4.2%2.6%
 Sales, office, administrative support19.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.5%0.6%
 Construction, extraction, maintenance/repair7.3%  Unlock8.1%
 Production, transportation, material moving  Unlock6.7%13.1%
Reviews for Merritt Island    5 Reviews

Over 11 years ago

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  More

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Over 14 years ago

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

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Over 17 years ago

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

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Reviews for Key West    7 Reviews

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

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Over 9 years ago

Like the  More

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I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays  More

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