Merritt Island, FL (32952) is a great place to call home. The average two bedroom rent in the area is $1,400 compared to the national average of $1,430. Grocery cost index is also lower than the national average at 103 versus 100. There are many local companies in Merritt Island such as Brevard County Fire Rescue, Harris Corporation, Northrop Grumman, and Space Coast Credit Union. These businesses offer residents a variety of employment and career opportunities, as well as well-paying salaries and benefits packages. Additionally, there are plenty of recreational options in the area such as parks, beaches, and wildlife preserves for locals and visitors alike to explore.
Merritt Island (zip 32952) has an unemployment rate of 4.5%. The US average is 6.0%.
Merritt Island (zip 32952) 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 Merritt Island (zip 32952)
- The Sales Tax Rate for Merritt Island (zip 32952) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Merritt Island (zip 32952) 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 Merritt Island (zip 32952)
- The average income of a Merritt Island (zip 32952) resident is $38,199 a year. The US average is $28,555 a year.
- The Median household income of a Merritt Island (zip 32952) resident is $85,120 a year. The US average is $69,021 a year.