Quick facts: Rockledge, FL

Quick Facts

107.5
Cost of Living
above US average
28,490
Population
14.15
Crime Rate per 1000
below US average
$80,759
Median Income
above US average
$395,000
Median House Price
above US average
$2225.6
Average Rent
above US average
7%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $80,759.

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Income Needed to Buy

βœ— Stretch
$124k/year
Based on $395,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $124k vs median $80,759
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Income Needed to Rent

⚠ Stretch
$95k/year
Based on $2225.6/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $95k vs median $80,759
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rockledge, FL

Rockledge is a charming city located in Brevard County, Florida, nestled along the picturesque Indian River. With a population of approximately 26,000 residents, it offers a friendly, suburban atmosphere combined with a rich history and modern conveniences. Founded in the late 1800s, Rockledge is one of the oldest cities on Florida's Space Coast and boasts several historic landmarks. The city is known for its lush parks, including the popular Michael K. Smith Park and the picturesque Rockledge Gardens, which features tropical plants and beautiful landscapes. Outdoor enthusiasts can enjoy various recreational activities such as fishing, boating, and hiking in nearby natural areas. Centrally located, Rockledge is just a short drive from the beautiful Atlantic beaches, as well as the Kennedy Space Center and Cape Canaveral Air Force Station, making it a prime location for those interested in space exploration and technology. With a strong sense of community, Rockledge hosts several annual events and festivals. It also offers excellent educational facilities, making it an attractive place for families. Overall, Rockledge combines small-town charm with proximity to larger urban amenities and natural beauty.

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