Income & Economy in Cocoa Beach, FL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$82,381

+13% vs national

Per Capita Income

$62,557

+68% vs national

Poverty Rate

9.1%

-33% vs national

Gini Index

0.4907

0 = perfect equality

Unemployment

8.8%

+70% vs national

SNAP Recipients

2.3%

of households

How Cocoa Beach Compares

Source: Census ACS (2023)

Cocoa Beach vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Cocoa Beach is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Cocoa Beach. The median household income here is $82,381.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.1%
$25-50K
20.4%
$50-75K
12.0%
$75-100K
9.3%
$100-150K
17.9%
$150-200K
11.2%
$200K+
15.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

8.8%

+80% vs FL avg

Labor Force

5,332

Employed

4,835

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

42.7%

of adults 25+

High School Diploma+

56.3%

of adults 25+

Median Age

58.4

Work from Home

23.0%

of workers

The median household income in Cocoa Beach, FL is $82,381, which is 12.5% above the national average of $73,224. Per capita income is $62,557. The poverty rate of 9.1% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.4907, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.8%, compared to the state average of 4.9%. 42.7% of adults hold a bachelor's degree or higher.