Zip 32922 (Cocoa, FL) Economy


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Cocoa, FL (32922) is an ideal place to live for people looking for good value rent prices. According to the current data, two-bedroom rents are only $1,090 compared to the US average of $1,430. Grocery cost index in Cocoa is 95 compared to 100 in the US. Local companies located in Cocoa include Brevard County Public Schools, Florida Department of Transportation, DRS Technologies Inc., Northrop Grumman Systems Corporation and NISSHO Electronics USA Inc. These companies represent a diverse range of industries such as education, engineering, defense and technology and offer great employment opportunities for local residents.

Cocoa (zip 32922) has an unemployment rate of 4.5%. The US average is 6.0%.

Cocoa (zip 32922) 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 Cocoa (zip 32922)
- The Sales Tax Rate for Cocoa (zip 32922) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cocoa (zip 32922) 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 Cocoa (zip 32922)
- The average income of a Cocoa (zip 32922) resident is $17,651 a year. The US average is $28,555 a year.
- The Median household income of a Cocoa (zip 32922) resident is $40,359 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCocoa, FloridaUnited States
  4.56
  -4.2%-6.2%
  42.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $26,420$37,638
  $40,359$69,021
  $47,627$85,028
  Population by Occupation
  0.5%1.2%
  0.2%0.5%
  8.6%6.8%
  9.6%10.0%
  2.4%2.5%
  15.1%11.0%
  3.9%4.8%
  0.1%0.8%
  1.0%1.9%
  5.4%4.7%
  2.1%1.9%
  4.4%7.6%
  0.0%0.1%
  3.6%4.2%
  7.9%9.3%
  13.1%14.0%
  3.1%2.1%
  10.1%7.0%
  4.3%4.8%
  4.5%4.7%
Reviews for Cocoa
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Cocoa Florida is divided into luxury riverside homes and condos, and the 'other' side of town, the lower income housing. The riverfront property is beautiful with  More

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