North Merritt Island, FL
Population 8,903 · Florida
About North Merritt Island, FL
North Merritt Island is a small community in Florida with a population of 8,903 residents. The median household income is $113,897 per year, which is above the national average. The median age in North Merritt Island is 52.4 years.
Housing in North Merritt Island has a median home value of $495,400 and median monthly rent of $1,328. Of the 3,838 total housing units, the majority are owner-occupied, with 2,927 owner-occupied and 468 renter-occupied units.
The unemployment rate in North Merritt Island is 7.3% and the poverty rate is 6.8%. 37.0% of residents hold a bachelor's degree or higher. The average commute time is 28.7 minutes.
Cost of Living in North Merritt Island, FL
Compared to national averages, North Merritt Island has a median household income of $113,897 (52% above the national median of $75,149). Home values average $495,400, which is 102% above the national median. Monthly rent at $1,328 is 14% above the US average of $1,163. Within Florida, North Merritt Island's income is 50% above the state average of $75,893, and home values are 40% above the state median of $353,675.
Why Live in North Merritt Island, FL?
North Merritt Island offers a strong local economy with a median household income of $113,897, well above the national average, and a well-educated community where 37.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $495,400. However, North Merritt Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
North Merritt Island has a population of 8,903 with a median age of 52.4 years. Compare North Merritt Island with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near North Merritt Island
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| St. Pete Beach | 8,832 | $108,931 | $639,900 | Compare |
| Indian Harbour Beach | 8,991 | $98,046 | $387,400 | Compare |
| Lake Park | 9,005 | $69,274 | $361,700 | Compare |
| Hernando | 8,795 | $41,564 | $189,200 | Compare |
| Citrus Hills | 9,044 | $84,091 | $392,300 | Compare |
| Micco | 9,053 | $46,809 | $156,400 | Compare |
| Orange Park | 9,062 | $74,564 | $257,400 | Compare |
| Fern Park | 8,593 | $60,828 | $321,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about North Merritt Island
What is the population of North Merritt Island, FL?
The population of North Merritt Island, FL is 8,903 according to the latest Census data.
What is the median household income in North Merritt Island?
The median household income in North Merritt Island, FL is $113,897 per year.
What is the median home value in North Merritt Island?
The median home value in North Merritt Island, FL is $495,400.
What is the average rent in North Merritt Island?
The median monthly rent in North Merritt Island, FL is $1,328.
What is the unemployment rate in North Merritt Island?
The unemployment rate in North Merritt Island, FL is 7.3%.