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Economy of Cocoa Beach


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Personal income

The median income for a household in the city was $42,372, and the median income for a family was $51,795. Males had a median income of $39,418 versus $27,113 for females. The per capita income for the city was $28,968. About 3.7% of families and 6.5% of the population were below the poverty line, including 9.8% of those under age 18 and 4.0% of that age 65 or over.

Tourism

Ron Jon's, a surf shop, receives 2 million visitors a year. Cocoa Beach is home to the East Coast Surfing Hall of Fame.

The Cocoa Beach Pier, formerly known as the Cape Canaveral Pier, was built in 1962. An annual Easter Surfing Festival began in 1964. An estimated 100,000 spectator’s watch. An annual Beach Fest is held in May.

An air show in 2009 drew a crowd estimated at 30,000.

There is a store that sells dinosaur and other fossils.

The Ron Jon Easter Surfing Festival drew 50,000 visitors in 2009.

A Space Coast Art Festival is held annually.

The largest charity surfing festival, National Kidney Foundation Pro-Am Surfing Festival, has been held every Labor Day Weekend in Cocoa Beach.

Workforce

In 2007, the average size of Cocoa Beach's labor force was 6,344. Of that group, 6,006 were employed and 338 were unemployed, for an unemployment rate of 5.3%.

Housing

In 2008, 6 building permits were issued. This was down from 9 permits for 11 units in 2007, which was down from 20 permits for 34 units in 2006.

The median home price in 2007 was $409,000
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