D

Cape Canaveral, FL

Source:

Affordability Score: 47/100

Population: 9,848 · 1 ZIP codes

The affordability dashboard for Cape Canaveral, FL aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 9,848 residents, then layers in county-level federal data to produce an overall grade of D (47/100). The headline inputs are median household income of $66,955, median home value of $372,400, median rent of $1,322 per month, and 36.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,709 per month (studio $1,266, 1BR $1,478, 3BR $2,330, 4BR $2,645). Department of Labor data lists infant center-based childcare at $10,400 per year, consuming 16% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are housing. Unemployment currently reads 3.9% and poverty 9.7% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$66,955
Median household income
Education C+
36.2%
Bachelor's degree or higher
Housing F
5.6x
Home value $372,400 vs income
Commute C+
23 min
Average commute time
Rent D
$1,709/mo
2BR fair market rent (31% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$10,400/yr
Center-based infant care (16% of income)

Income & Employment

Median Income
$66,955
▲ 8% vs national
Per Capita Income
$52,051
Unemployment Rate
3.9%
Poverty Rate
9.7%

Housing

Median Home Value
$372,400
▲ 35% vs national
Median Rent
$1,322/mo
Owner Occupied
58.7%
2BR Fair Market Rent
$1,709/mo
▲ 42% vs national

Fair Market Rents by Bedroom

Studio
$1,266
1BR
$1,478
2BR
$1,709
3BR
$2,330
4BR
$2,645

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
36.2%
▲ 6 ppt vs national
High School+
65.0%
Median Age
60.0
Avg. Commute
23 min
▼ 3 min vs national

Childcare Costs

Infant (Center)
$10,400/yr
16% of income
Toddler (Center)
$8,684/yr
Preschool (Center)
$8,060/yr
School-Age (Center)
$6,500/yr

What This Means

Cape Canaveral, FL receives an overall affordability grade of D (47/100), aggregated from 1 ZIP codes with a total population of 9,848. Challenges include housing. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Cape Canaveral ZIP Codes
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What are common questions about this dashboard?

Is Cape Canaveral, FL affordable?
Cape Canaveral, FL receives an overall affordability grade of D (47/100) based on Census, HUD, FBI, and DOL data. Median household income is $66,955. Median home value is $372,400.
What is the cost of living in Cape Canaveral?
Key cost metrics: Median rent $1,322/mo. 2BR fair market rent $1,709/mo. Infant childcare $10,400/yr. Median home value $372,400.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →