Most of Merritt Island is in Brevard County, where a full-time job needs to pay at least $41.79 an hour before taxes to take home four times the typical studio rent.
Across the 3 ZIP codes in Merritt Island with HUD rent figures, studio rents run from $1,160 to $1,330 a month. At the middle rent, $1,290, a full-time job would need to pay $39.30 an hour before taxes.
What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.
| ZIP | County | Studio rent | Pay needed |
|---|---|---|---|
| 32952 | Brevard County | $1,290/mo | $39.30/hr |
| 32953 | Brevard County | $1,160/mo | $34.71/hr |
| 32954 | Brevard County | $1,330/mo | $40.73/hr |
Under the Four Times Rent standard, a full-time job in Merritt Island needs to pay at least $41.79 an hour before taxes, about $86,928 a year. That is the figure for Brevard County, where the typical studio rent is $1,360 a month.
Yes. Across the 3 ZIP codes in Merritt Island with HUD rent figures, studio rents run from $1,160 to $1,330 a month. At the middle rent of $1,290, the pay needed would be $39.30 an hour.
The minimum wage in Brevard County is $15.00 an hour. The Four Times Rent standard there is 2.8 times that.
The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads