Living in Cocoa, Florida

Cost of living, income, home prices, rent and demographics of Cocoa · Census data 2020–2024

Cocoa has 19,554 residents with a median age of 44.9. The median household income is $63,105 (15% lower than the Florida median), the median home value is $246,100, the median rent is $1,274/month.

Cocoa at a glance

Population
19,554
Median age
44.9State: 42.6
Median household income
$63,105State: $74,568
Median home value
$246,100State: $359,000
Median rent
$1,274/moState: $1,669
Homeowners
63.5%
Bachelor's degree or higher
27.4%
Average commute
26 min

Is Cocoa a good place to live?

Pros: Home values 31% lower than the state median; an average commute of 26 minutes.

Cons: Median household income 15% lower than the Florida median; unemployment of 5.6%; a poverty rate of 13.1%.

The weather is best in March–April and November–December.

Cost of living in Cocoa

Housing is the biggest part of the cost of living. In Cocoa the median home value is $246,100, 26% lower than the U.S. median. Renters pay a median of $1,274 per month, which is 36% of household income. Homeowners with a mortgage pay $1,424 a month in housing costs.

Median home value

Cocoa$246,100
Florida$359,000
United States$332,700

Median monthly rent

Cocoa$1,274
Florida$1,669
United States$1,413

Cocoa median household income

The median household income in Cocoa is $63,105 and the income per person is $38,586. 13.1% of residents live below the poverty line (Florida: 12.6%).

Median household income

Cocoa$63,105
Florida$74,568
United States$80,734

Housing in Cocoa: homes for sale and rent

Housing units
10,230
Owner-occupied
63.5%
Renter-occupied
36.5%
Vacant
16.6%Includes seasonal homes
Median year built
1975
Average household size
2.29

Cocoa demographics

Population
19,554
Median age
44.9
Under 18
17.5%
65 and older
21.8%
Households
8,531
Foreign-born
11.4%
Veterans
12.3%Adults 18+

Race and ethnicity

White57.1%
Hispanic or Latino20.9%
Black22.8%
Asian1.4%

Hispanic or Latino can be of any race. Population history of Cocoa ›

Education in Cocoa

27.4% of adults 25 and older in Cocoa have a bachelor's degree or higher (Florida: 34.1%), and 7.8% have a graduate or professional degree.

Bachelor's degree or higher

Cocoa27.4%
Florida34.1%
United States35.7%

Jobs and commute in Cocoa

Unemployment rate
5.6%State: 4.8%
Average commute
26 minState: 28 min
Work from home
9.1%
Drive alone
73.3%
Public transit
4.1%
Walk to work
0.9%
Homes with broadband
91.7%

Cocoa vs nearby towns

TownPopulationMedian incomeHome valueRent
Cocoa19,554$63,105$246,100$1,274
Cocoa West5,923$34,126$158,700$1,162
Tropical Park2,355$35,732$307,100$1,179
Rockledge29,133$84,255$338,100$1,820
Sharpes2,840$69,531$295,800$856
West Canaveral Groves224$53,819——
North Merritt Island9,025$104,878$525,400$1,274
Merritt Island34,992$94,012$402,900$1,441
Port St. John25,120$87,736$281,300$1,771

More for people moving to Cocoa

Cocoa ZIP code ›Weather and climate ›

Living in Cocoa: FAQ

What is the median household income in Cocoa, FL?

The median household income in Cocoa is $63,105, 15% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Cocoa?

The median home value in Cocoa is $246,100, compared with $359,000 in Florida.

How much is rent in Cocoa?

The median gross rent in Cocoa is $1,274 per month, about 36% of household income.

Is Cocoa, FL a good place to live?

Pluses: home values 31% lower than the state median; an average commute of 26 minutes. Minuses: median household income 15% lower than the Florida median; unemployment of 5.6%; a poverty rate of 13.1%.

What is the median age in Cocoa?

The median age in Cocoa is 44.9 years (Florida: 42.6).

How long is the commute in Cocoa?

The average commute to work in Cocoa is 26 minutes; 9.1% of workers work from home.

What is the unemployment rate in Cocoa?

The unemployment rate in Cocoa is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cocoa?

27.4% of adults in Cocoa have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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