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FL area data

Merritt island, FL

Aggregated across 2 ZIP codes in Merritt island.

Population: 46,372 (Census ACS)

The median home value in Merritt island, FL is $433,704 — up 0.0% over the past year. Homes sell for a median $284,950 after a median 87 days on market. Typical rent runs $2,282/month. 9 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with hurricane, lightning, inlandflooding the top-rated hazards. Cost of living is 1.0% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$433,704

Median home value

0.0%

1-year change

87

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$433,704
1-year appreciation
0.0%
3-year appreciation
-3.5%
5-year appreciation
+19.4%
10-year appreciation
+81.8%
All-time peak (2024-04)
$456,779
House Price Index (state)
542.2 (-2.6% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$284,950
Median list price
$235,398
Median price per sqft
$226
1-year sale-price change
-0.3%
Median days on market
87 days
Homes sold (recent period)
10
For-sale inventory
308
Sale-to-list ratio
96.0%
Active listings
16
1-year forecast
+0.2%
Days to pending
76 days
New listings (monthly)
79

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,282/mo
1-year rent change
+5.1%
Studio fair-market rent
$1,170/mo
1BR fair-market rent
$1,360/mo
2BR fair-market rent
$1,575/mo
3BR fair-market rent
$2,145/mo
4BR fair-market rent
$2,435/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
101.0 (100 = US avg)
Electricity rate (state-level)
15.2¢/kWh
Natural gas rate (state-level)
$25.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
9
Elementary schools
5
Middle schools
1
High schools
3
Schools include
TROPICAL ELEMENTARY SCHOOL, AUDUBON ELEMENTARY SCHOOL, THOMAS JEFFERSON MIDDLE SCHOOL, ROBERT L. STEVENSON ELEMENTARY SCHOOL, MERRITT ISLAND HIGH SCHOOL

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
hurricane, lightning, inlandFlooding, strongWind, tornado
Notable hazard ratings (county)
coastalFlooding: Relatively Moderate · coldWave: Relatively Low · drought: Relatively Low · hail: Relatively Low · heatWave: Relatively Moderate · hurricane: Very High
FEMA flood zone (varies by location)
includes AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 98% of US counties
Buildings in wildfire direct-exposure zone
24.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Harris Corp. (Palm Bay Plant) (19.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
51.3 in
USDA plant hardiness zone
10a (extreme annual low 30 to 35°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
279
Days with Moderate air quality
85
Highest AQI recorded (year)
130

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
5.2 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
7,522
Jobs reachable by transit (45 min)
7,646

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Canaveral National Seashore (24 mi)
Airports within 30 mi
26
Nearest airport
Merritt Island Airport (COI) (3 mi)
Nearest major airport
Patrick Space Force Base (COF) (6 mi)
Hospitals nearby (~15 mi)
6
Hospitals include
PARRISH MEDICAL CENTER, PALM POINT BEHAVIORAL HEALTH, ORLANDO HEALTH ROCKLEDGE HOSPITAL
Avg hospital rating (CMS)
3.6 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
24
Solar radiation rating
Good (5.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+6,872 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,979
Housing built before 1970
40.1%
Housing built 2000 or later
17.4%
Median annual property tax
$2,660
Mean commute to work
21 min
Households with broadband internet
82.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
210,348
Average weekly wage
$1,250
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
3,754

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Merritt islandState medianUS median
Median home value$433,704$346,549$289,727
Median sale price$284,950$359,990$325,000
Median days on market87 days72 days51 days
Typical rent$2,282/mo$2,095/mo$1,808/mo
Median annual property tax$2,660$2,388$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Merritt island, FL?
$433,704.
What is the median sale price in Merritt island, FL?
$284,950.
How long do homes take to sell in Merritt island, FL?
Median days on market: 87 days.
What is typical rent in Merritt island, FL?
Typical rent: $2,282/month.
What is the natural-hazard risk in Merritt island, FL?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: hurricane, lightning, inlandFlooding, strongWind, tornado.
Is Merritt island, FL in a flood zone?
High (FEMA NFIP). Parts of the area include FEMA flood zone AE; zones vary by location within the city.
What is the wildfire risk in Merritt island, FL?
Risk to homes is higher than 98% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Merritt island, FL?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Merritt island, FL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Merritt island, FL?
9 schools (5 elementary, 1 middle, 3 high) (NCES, 2022-23).
Is Merritt island, FL walkable?
Walkability index: 5.2/20 (EPA Smart Location Database).
What is the air quality in Merritt island, FL?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in Merritt island, FL?
Regional Price Parity: 101.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP codes in Merritt island

Selling a home in Merritt island, FL?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents