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Brevard County, FL

RANK #573 / 1001 NAT  ·  #12 / 41 FL  ·  POP 632,780

1YR FORECAST: -1.4%

5YR OUTLOOK: +27%

Brevard County's housing market is projected to grow -1.4% over the next year, below the national average.

[01] Why Brevard County?

Brevard County, Florida, known as the "Space Coast," is distinguished by its direct connection to space exploration, with the Kennedy Space Center being a prominent landmark. Located on Florida's Atlantic coast, roughly an hour east of Orlando, the county spans 72 miles of beaches and diverse communities from Titusville in the north to Palm Bay in the south. The community offers extensive outdoor recreation, including surfing at Cocoa Beach, kayaking in the Indian River Lagoon, and exploring wildlife refuges like Merritt Island National Wildlife Refuge. Numerous county parks, such as Lori Wilson Park and Wickham Park, provide spaces for activities and events, reflecting the area's dedication to preserving natural spaces.

Life in Brevard County blends coastal living with a focus on innovation. The economy is driven by the aerospace and technology sectors, with major companies contributing to job growth. Beyond aerospace, healthcare, logistics, and advanced manufacturing also play significant roles. Brevard Public Schools are highly rated, and the county is home to higher education institutions like Eastern Florida State College and Florida Institute of Technology. Commute options include Space Coast Area Transit bus services and a vanpool program, with park-and-ride lots available for those commuting to regional employment centers like Kennedy Space Center or Orlando.

MARKET PROFILE

Sun Belt Post-Surge Correction

Brevard County is one of 76 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -2.6% runs above the profile's typical -3.7%.

See all 76 Sun Belt Post-Surge Correction counties →

[02] Market Snapshot

Housing Ratio
12.4x

Overvalued relative to economy

Home Prices
-2.6%

Prices declining

Climate & Terrain
3.9

Favorable climate & terrain

Price/Rent
15x

Below national median (15x)

Housing looks overvalued at 12.4x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Health First Healthcare
    5,000+
  2. 2
    Space Launch Delta 45 (US Air Force) Military
  3. 3
    Brevard County School Board Education
  4. 4
    L3Harris Technologies Technology
  5. 5
    Northrop Grumman Manufacturing
  6. 6
    Walmart Retail
    2,500+
  7. 7
    Blue Origin Technology
  8. 8
    Publix Super Markets Inc. Retail
  9. 9
    Brevard County Government Government
    1,000+
  10. 10
    John F. Kennedy Space Center (NASA) Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Brevard County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
632,780
+1.97% YoY
Median Household Income
$78,476
Median Home Value
$339,600
-2.62% 12mo
Median Rent
$1,556
Average Annual Pay
$70,852
+4.1% YoY
Employment
243,786
+0.7% YoY
Income-to-Home-Value
0.2311
Near national average
Migration Inflow
2.1%
of pop. from another state
Bachelor's Degree+
34.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$367,500
Days on Market
69
Slower market
Months of Supply
3.9
Balanced market
Sale-to-List Ratio
96.9%
Negotiation room for buyers
Sold Above List
11.0%
Listings w/ Price Drops
31.8%
Building Permits (2025)
4,624
Single-Family Permits
3,376

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.2
per 100K · nat avg 6.3
Firearm Fatalities
16.9
per 100K · nat avg 14.8
Injury Deaths
118.8
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
43.7
Good
Good Air Days
75%
822 of 1,095 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
45
2022
43
2023
43
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$732M
TOTAL
PROJECT AMOUNT STATUS
Bluefin Energy Storage Project
Malta, Inc. (Google spin-off)
$468M Planned
Mallard Solar Project
Undisclosed
$75M Planned
FPL Ibis Solar Energy Center
Florida Power & Light (FPL)
$74M Proposed
FPL Palm Bay Solar Energy Center
Florida Power & Light (FPL)
$74M Under Construction
Lockheed Martin FBM Headquarters Relocation
Lockheed Martin
$40M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +2.0% 87 percentile
Income Growth +3.5% 69 percentile
Vacancy Rate 1.6% 15 percentile
Home Price Change -2.6% 9 percentile
Rent Growth +1.3% 23 percentile
Price/Rent 15x 55 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Brevard County, FL a good place to move to?

Brevard County scores 42/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#573). Median household income is $78,476 and job growth is running at +0.7%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Brevard County affordable?

Brevard County leans toward the expensive side. A median home value of $339,600 against an income-to-home-value ratio of 0.23 means housing eats a bigger share of local earnings than the national norm. Renters face $1,556/month on average.

Is Brevard County growing or shrinking?

Brevard County's population is growing — up +2.0% YoY — while the job market is roughly flat (employment change of +0.7%). Home values shifted -2.6% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Brevard County?

There's a moderate stream of newcomers. About 2.1% of residents moved from another state, which is above average and suggests Brevard County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Volusia County, FL 42 Flagler County, FL 40 Nassau County, FL 40 Duval County, FL 39 St. Lucie County, FL 46 Santa Rosa County, FL 46 DeKalb County, GA 42 Butler County, OH 42