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Cocoa West

Learn about the people, housing, costs and businesses in Cocoa West, Florida

Median Home$183,286
Median Rent$1,191/month
Population5,484
Leading IndustriesProfessional Services · Wholesale Trade · Finance & Insurance4% professional services
Home Value Growth⬆⬆+14.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners57% of occupied units
NotableAmenity Score68/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Cocoa West
FL

Frequently Asked Questions

What are today's mortgage rates in Cocoa West?

As of today, the 30-year fixed mortgage rate for Cocoa West is approximately 6.995% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cocoa West?

The median home value in Cocoa West is $183k. The median monthly rent is $1,191. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cocoa West?

Home values in Cocoa West have increased 14.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cocoa West?

Based on a typical all-in ownership cost of $939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cocoa West is $47k/year.

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What industries drive the economy in Cocoa West?

The largest employment sectors in Cocoa West are public administration (23%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.