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Housing Profile
Brevard County, Florida
  • Population, 2015: 561704. Brevard County ranks # 10 of Florida's 67 counties in population.
  • Households, 2015: 241459
  • Homeownership Rate, 2015: 73.9%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, Brevard County is projected to have a population of 670403, ranking it # 11 of Florida's 67 counties.

Projected Total Population, Brevard County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
Brevard County 543376 561704 593499 621007 641201 657402 670403
Notes:  Not Available.
Sources:  University of Florida Bureau of Economic and Business Research, Population Projections; U.S. Census Bureau, 2010 Decennial Census.
Housing Market

Existing Home Values (Based on County Property Appraisers' Just Value)

  • Single Family Home, average just value, 2016: $163334. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $46022.
  • Condominium, average just value, 2016: $138409.

Home Sales Prices

  • The average sales price for a single family home was $216422 in 2016. The median sales price that year was $180000, compared to a statewide median sales price of $212000.

    Source: Florida Department of Revenue, Sales Data Files

Median Sales Price for Single Family Homes and Condominiums, Brevard County, 1996-2016

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016
Brevard County Condominiums 62900 69900 68500 75000 83500 83500 95350 125000 149000 172000 183900 172500 160000 129000 113500 86250 93500 102900 115000 125000 125000
Brevard County Single Family Homes 85000 88450 91500 94300 99400 108450 119400 130900 159000 212150 220500 200000 185000 154000 145000 132500 134900 154700 165000 180000 180000
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

Median Gross Rent, Brevard County, 2010-2014 American Community Survey

Place Median Gross RentState Median Gross Rent
Brevard County 904 998
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File
  • In Brevard County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $538 for a studio apartment, $688 for a one-bedroom, $872 for a two-bedroom, $1209 for a three-bedroom, and $1502 for a four-bedroom unit.

    Source: U.S. Department of Housing and Urban Development, 2016 Fair Market Rents

Households by Monthly Rent Paid, Brevard County, 2010-2014

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
Brevard County 405 1018 2528 12309 19022 16896 5449 3575 61202
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File

Manufactured Housing Parks and Condominiums

  • There are 102 licensed manufactured housing parks in Brevard with 10317 lots in 2012.
  • There are 720 licensed condominium developments in Brevard with 34261 units in 2012. Of these, 103 properties with 5832 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

Home Purchase Loans by Property Type, Brevard County, 2005-2014

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
Brevard County Brevard One to four-family (other than manufactured housing) 19710 15782 9083 5805 5642 4774 4459 10330 12328 14355
Brevard County Brevard Manufactured housing 449 432 257 148 88 64 40 116 112 151
Brevard County Brevard Multifamily 39 16 2 3 1 2 2 10 12 13
Notes:  Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources:  Home Mortgage Disclosure Act data 2005-2014

Foreclosures and Serious Delinquencies

  • The Melbourne-Titusville-Palm Bay MSA had a foreclosure rate for 1-4 unit homes of 8.24% and a serious delinquency (90+ day) rate of 3.15% in September 2013.

    Source: Analysis of LPI Applied Analytics data by LISC, tabulated by the Urban Institute
Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2015, 86839 Brevard County households (36%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 41114 households in Brevard County (17%) pay more than 50% of income for housing.

Households by Cost Burden, Brevard County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 154620 45725 41114
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.
Homeowners and Renters

Households by Homeowner/Renter Status and Cost Burden, Brevard County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 125001 29410 24141
Renter 29619 16315 16973
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Household Income

  • In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In Brevard County and the surrounding metro area, the HUD-estimated median income for a family of four is $58300 in 2016.

Households by Income and Cost Burden, Brevard County, 2015

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 2613 1962 18584
30.01-50% AMI 7240 7794 11664
50.01-80% AMI 19248 15581 6353
80.01+% AMI 125519 20388 4513
Total 154620 45725 41114
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 79949 households in Brevard County (33.1%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 68766 of elderly households in Brevard (86.0%) own their homes.
  • 24669 elderly households (31%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Brevard County, 2015

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 55280 12792 11877
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Supply Characteristics

Single Family Home Size and Age

  • In 2016, the median size for a new single-family home in Brevard County was 2360 square feet.

Year Structure Built, Brevard County, 2010-2014 American Community Survey

Place Number Share by Decade
2000 or After 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2000 or After 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
Brevard County 55247 44465 70131 38798 40647 17288 2123 2306 271005 20.4 16.4 25.9 14.3 15.0 8.0
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), Brevard County, 2010-2014 American Community Survey

Place Persons Per Room House Heating Fuel Kitchen Facilities Plumbing Facilities
1.01 or More Persons per Room Share of Occupied Units (%) No Fuel Used Share of Occupied Units (%) Lacking Complete Facilities Share of Occupied Units (%) Lacking Complete FacilitiesShare of Occupied Units (%)
Brevard County 3027 1.4 2075 0.9 5405 2.0 2921 1.1
Notes:  Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing.
American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File