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Satellite Beach

Learn about the people, housing, costs and businesses in Satellite Beach, Florida

Median Home$496,160
Median Rent$1,999/month
Population11,274
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services20% healthcare
Home Value Growth+9.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners82% of occupied units
NotableHigh Incomes$120k/year · top 9% nationally
NotableVeteran Community11% of residents · top 9% nationally
Satellite Beach
FL

Frequently Asked Questions

What are today's mortgage rates in Satellite Beach?

As of today, the 30-year fixed mortgage rate for Satellite Beach is approximately 6.851% (6.886% 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 Satellite Beach?

The median home value in Satellite Beach is $496k. The median monthly rent is $1,999. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Satellite Beach?

Home values in Satellite Beach have increased 9.8% over the past two years. This represents moderate growth. 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 Satellite Beach?

Based on a typical all-in ownership cost of $1,851/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Satellite Beach is $120k/year.

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What industries drive the economy in Satellite Beach?

The largest employment sectors in Satellite Beach are public administration (21%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.