Cocoa Beach, FL is an attractive coastal town located in Brevard County with a population of 11,566. With a two bedroom rental rate of $1,540 per month, Cocoa Beach offers an affordable alternative to living on the Florida mainland. The Grocery Cost Index for the area is 104 versus 100 in the US, indicating that groceries are slightly more expensive than average. Local businesses such as Ron Jon Surf Shop and Karina’s Mexican Restaurant provide residents with ample shopping and dining options. Cocoa Beach may be slightly pricier than other locations in terms of groceries but its low rent rates make up for it so it is still a great place to live.
Cocoa Beach (zip 32931) has an unemployment rate of 4.5%. The US average is 6.0%.
Cocoa Beach (zip 32931) has seen the job market decrease by -4.2% 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 Beach (zip 32931)
- The Sales Tax Rate for Cocoa Beach (zip 32931) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cocoa Beach (zip 32931) 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 Beach (zip 32931)
- The average income of a Cocoa Beach (zip 32931) resident is $55,918 a year. The US average is $37,638 a year.
- The Median household income of a Cocoa Beach (zip 32931) resident is $75,126 a year. The US average is $69,021 a year.