Merritt Island, Florida is a small city with a population of approximately 36,000. Retirees make up a greater percentage of the population (23%) here than nationally (14%), while young adults figure less prominently in the demographics. With an average age of just over 45, the city's residents are older than most cities in Florida. The majority of Merritt Island residents own their homes, and 26% of residents rent. At $1,064 per month, the average rent is just below the state average.
Compared to the national average (7%), Merritt Island has a relatively high concentration of residents older than 25 with advanced degrees, as 8% have earned a Master's or a Doctoral degree. Further, 15% have earned a Bachelor's degree. There are three primary industries in Merritt Island: retail, entertainment, and healthcare. Together, these industries make up 16% of the city's workforce. Meanwhile, looking at job function, many residents work in management, as 6% of the city's population reports this as their field of work, the highest number of any field. Merritt Island workers earn an average annual income of about $73,000, around $6,000 more than the average Florida resident. However, the city's average income is fairly average compared to the national level of $73,345.
Averaging about 25 minutes, the commute time for Merritt Island residents is faster than the Florida average of about 29 minutes. Many residents (39%) commute to work by car or truck, while public transportation isn't extensively used. Walking isn't a common way to get to work.
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