Living in Tropical Park, Florida
Cost of living, income, home prices, rent and demographics of Tropical Park · Census data 2020–2024
Tropical Park has 2,355 residents with a median age of 34.4. The median household income is $35,732 (52% lower than the Florida median), the median home value is $307,100, the median rent is $1,179/month.
Tropical Park at a glance
- Population
- 2,355
- Median age
- 34.4State: 42.6
- Median household income
- $35,732State: $74,568
- Median home value
- $307,100State: $359,000
- Median rent
- $1,179/moState: $1,669
- Homeowners
- 23.8%
- Bachelor's degree or higher
- 17%
- Average commute
- 19 min
Is Tropical Park a good place to live?
Pros: Home values 14% lower than the state median; an average commute of 19 minutes; unemployment of 3.4%.
Cons: Median household income 52% lower than the Florida median; a poverty rate of 38%.
The weather is best in March–April and November–December.
Cost of living in Tropical Park
Housing is the biggest part of the cost of living. In Tropical Park the median home value is $307,100, 8% lower than the U.S. median. Renters pay a median of $1,179 per month, which is 40.1% of household income. Homeowners with a mortgage pay $1,608 a month in housing costs.
Tropical Park median household income
The median household income in Tropical Park is $35,732 and the income per person is $20,180. 38% of residents live below the poverty line (Florida: 12.6%).
Housing in Tropical Park: homes for sale and rent
- Housing units
- 967
- Owner-occupied
- 23.8%
- Renter-occupied
- 76.2%
- Vacant
- 14.6%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.71
Tropical Park demographics
- Population
- 2,355
- Median age
- 34.4
- Under 18
- 37.2%
- 65 and older
- 18%
- Households
- 826
- Foreign-born
- 12.8%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Tropical Park ›
Education in Tropical Park
17% of adults 25 and older in Tropical Park have a bachelor's degree or higher (Florida: 34.1%), and 5.6% have a graduate or professional degree.
Jobs and commute in Tropical Park
- Unemployment rate
- 3.4%State: 4.8%
- Average commute
- 19 minState: 28 min
- Work from home
- 19.1%
- Drive alone
- 75.5%
- Public transit
- 2.5%
- Walk to work
- 1.1%
- Homes with broadband
- 91.5%
Tropical Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tropical Park | 2,355 | $35,732 | $307,100 | $1,179 |
| Cocoa | 19,554 | $63,105 | $246,100 | $1,274 |
| Cocoa West | 5,923 | $34,126 | $158,700 | $1,162 |
| Rockledge | 29,133 | $84,255 | $338,100 | $1,820 |
| Merritt Island | 34,992 | $94,012 | $402,900 | $1,441 |
| Sharpes | 2,840 | $69,531 | $295,800 | $856 |
| North Merritt Island | 9,025 | $104,878 | $525,400 | $1,274 |
| Cocoa Beach | 11,377 | $87,990 | $503,200 | $1,569 |
| Cape Canaveral | 10,006 | $67,276 | $372,400 | $1,318 |
More for people moving to Tropical Park
Tropical Park ZIP code ›Weather and climate ›Living in Tropical Park: FAQ
What is the median household income in Tropical Park, FL?
The median household income in Tropical Park is $35,732, 52% 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 Tropical Park?
The median home value in Tropical Park is $307,100, compared with $359,000 in Florida.
How much is rent in Tropical Park?
The median gross rent in Tropical Park is $1,179 per month, about 40.1% of household income.
Is Tropical Park, FL a good place to live?
Pluses: home values 14% lower than the state median; an average commute of 19 minutes; unemployment of 3.4%. Minuses: median household income 52% lower than the Florida median; a poverty rate of 38%.
What is the median age in Tropical Park?
The median age in Tropical Park is 34.4 years (Florida: 42.6).
How long is the commute in Tropical Park?
The average commute to work in Tropical Park is 19 minutes; 19.1% of workers work from home.
What is the unemployment rate in Tropical Park?
The unemployment rate in Tropical Park is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tropical Park?
17% of adults in Tropical Park 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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