Merritt Island, FL Employment - Median Household Income, Unemployment Rate

Merritt Island employment information

Index	Merritt Island	Florida	National
Income per capita	$32,583	$27,598	$29,829
Median household income	$54,100	$48,900	$55,322
Median income owner occupied	$65,354	$59,209	$70,586
Median income renter occupied	$31,920	$34,622	$35,192
Median earnings male	$37,053	$31,444	$36,919
Median earnings female	$22,327	$25,332	$26,250
Unemployment rate	5.5%	4.9%	4.7%
Poverty level	14.3%	16.1%	15.1%

The Merritt Island, FL employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Merritt Island is $32,583, which is 18% higher than than the Florida average and 9% higher than than the national average. The median household income is $54,100, which is 11% higher than than the Florida average and 2% lower than than the national average. The unemployment rate in Merritt Island is 5%, which is 18% higher than than the national average. The poverty rate in Merritt Island is 14% which is 5% lower than than the national average.

am i middle class

$36,063$54,100$108,200

City

$32,596$48,900$97,800

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Merritt Island is 9% higher than the national average.
The median household income in Merritt Island is 2% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Merritt Island is 18% higher than the national average.
The poverty level in Merritt Island is 5% lower than the national average.

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Employment status

Hours worked per week

Merritt Island median earnings by income bracket

Merritt Island employment by industry

Labour Type	Male	Female
Construction industry	10.8%	4.0%
Manufacturing sector	12.3%	1.3%
Financial & insurance services	2.2%	2.9%
Wholesale & retail services	12.4%	15.9%
Public administration	4.8%	2.0%
Transportation, warehousing & utilities	8.2%	2.7%
Education, health & social services	8.9%	31.1%
Other	38.8%	34.0%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Viera West, FL	8,680	$79,087	43%
South Patrick Shores, FL	6,398	$70,363	27%
Palm Shores, FL	1,242	$65,588	19%
Viera East, FL	11,090	$65,143	18%
Satellite Beach, FL	10,495	$63,170	14%
Merritt Island, FL	35,916	$54,100	2%

Cities with similar population

City, State	Population	Household Income	National Avg.
Richfield, MN	35,912	$54,642	1%
Goldsboro, NC	35,924	$32,148	42%
Bell, CA	35,927	$38,823	30%
Pahrump, NV	35,899	$41,571	25%
Leavenworth, KS	35,948	$55,702	1%
Merritt Island, FL	35,916	$54,100	2%

Source: The Merritt Island, FL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).