Brevard County FL Growth Due to Healthy Job Market
Strong Construction and Growth Outlook
The construction and growth outlook for Brevard County, Florida remains robust, driven by the county's stable job market. Brevard's residential new construction saw an increase of 4,676 new homes from 2010 to 2016, averaging 779 new homes built per year. Currently, Brevard County's population is estimated at 583,000 and is expected to hit at least 600,000 by 2025. This surge in population is akin to adding another large city, nearly the size of Melbourne, to the Space Coast area.
Implications of Population Growth
This significant population increase means more people will be relocating to Brevard in the next seven years. Consequently, the housing market, construction market, and job market should continue to rise proportionally with the population growth in our area.
Job Market Strength
According to Florida Today, Brevard's job market shows strong gains. The number of people employed county-wide increased by close to 11,000 from a year earlier. The county's unemployment rate is currently 5%, down from 5.3% a year ago. The largest sectors demonstrating increases in Brevard over the last year were:
- Service producers: 5200 (3% increase)
- Construction: 2900 (8.7% increase)
- Manufacturing: 1600 (7.4% increase)
- Education & health: 1800 (5.2% increase)
- Leisure & hospitality: 1100 (4.2% increase)
Key Developments
By the year's end, Blue Origin is expected to complete their 475,000 square foot facility near KSC, transforming the Cape into not only a launch site but also a manufacturing hub. This new space-flight building complex will employ more than 500 people. Additionally, Brevard is experiencing a surge in hotel construction, with more than 700 new hotel rooms completed by summer 2018, resulting in a 7.9% increase in the county's hotel capacity to a total of 8,846 available rooms.
New Hotels in Construction
The six hotels entering the construction phase are:
- Holiday Inn Express & Suites, located in West Melbourne
- Springhill Suites (by Marriott) in Cape Canaveral
- Fairfield Inn & Suites (by Marriott) in Viera
- TownPlace Suites (by Marriott) in Titusville
- Hampton Inn in Melbourne
- Woodspring Suites in West Melbourne
The increase in cruise-line passengers at Port Canaveral, business travelers related to Brevard's space-flight industry, and visitors to Viera's Space Coast Stadium complex (the new home of the U.S. Specialty Sports Association) are all factors contributing to the recent hotel development.
Economic and Demographic Growth
Brevard County's growth and development outlook, especially in areas like Viera and West Melbourne, results in a positive outlook for the county's construction sector, housing market, and annual wages. Brevard's residents' average annual wages are expected to rise from a projected $55,000 per year in 2020 to $91,600 in 2035.
Viera Co. Development
Viera Co. will be developing Trasona and approximately a dozen neighborhoods south of Wickham Road and west of I-95. They have also donated land for six new schools in Brevard County as enrollment continues to rise. The growing Hispanic population will result in the construction of new retailers and eateries. Brevard's walkability is expected to increase with the $10.4M A1A road-resurfacing project in Indialantic, making it safer for pedestrians.
Support from Express Roll Off Dumpsters
Express Roll Off dumpsters has been servicing Brevard County, Florida with roll off dumpster rentals since 2003. We support Brevard County's growth and development and are proud of the recovery our county has made since the housing market downturn in 2007. Express Roll Off offers volume discounts to contractors and can expedite the turnaround time on your construction project with our speedy dispatch process. We proudly service all of Brevard County and hope to partake in many of the construction growth projects underway.
Contact Us
If you need a bid proposal for our roll off dumpster/waste management services, please call 321-253-1080 or email us at