Merritt Island vs Cape Coral
| Merritt Island | Cape Coral | |
|---|---|---|
| Population | 34,300 | 198,912 |
| Median Household Income | $94,012 | $78,104 |
| Median Home Value | $402,900 | $373,500 |
| Median Gross Rent | $1,441/mo | $1,858/mo |
| Homeownership Rate | 80.0% | 77.2% |
| Unemployment Rate | 4.1% | 3.8% |
| Bachelor's Degree or Higher | 41.0% | 26.9% |
| Median Age | 50.2 | 48.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.