Grant-Valkaria Demographics: Who Lives in the Town

Grant-Valkaria has 4,921 residents with a median age of 59.7 in the Census Bureau's ACS 2020-2024 5-year estimates (ACS DP05, Grant-Valkaria).

Age is what sets Grant-Valkaria apart in Brevard County. In the same survey, 41.4 percent of Grant-Valkaria residents are 65 or older and 24.3 percent are between 65 and 74, while only 10.2 percent are under 18. Women make up 51.5 percent of the town. Brevard County as a whole has a median age of 46.7 and 24.5 percent of its 632,780 residents at 65 or older (ACS DP05, Brevard County), so the median Grant-Valkaria resident is 13 years older than the median county resident. The neighbors are younger in the same release: Palm Bay has a median age of 41.0 (ACS DP05, Palm Bay city) and Malabar, a town of 3,066 residents, 53.1 (ACS DP05, Malabar town).

The age bands show where the weight sits. In Grant-Valkaria, 15.4 percent of residents are 45 to 54, 8.8 percent are 55 to 59 and 8.5 percent are 60 to 64, so the 45 to 54 band is the next largest after the 65 to 74 band. Residents aged 75 to 84 make up 13.3 percent and those 85 and older 3.8 percent. Young adults are scarce: Grant-Valkaria residents aged 25 to 34 are just 3.7 percent of the town, and those 20 to 24 are 2.7 percent (ACS DP05 age table).

When the Legislature wrote the Grant-Valkaria charter in 2006, the shared revenue section based the first county payments on a projection of 3,907 residents (HB 1297, 2006). The 2020-2024 estimate of 4,921 is about 1,000 people above that projection. The Grant-Valkaria population and census profile guide covers age, income, households and schooling.

The median Grant-Valkaria household earns $119,583 a year in ACS 2020-2024 dollars, compared with $78,476 for Brevard County (ACS DP03, Grant-Valkaria; ACS DP03, Brevard County).

Mean household income in Grant-Valkaria is $130,699 and per capita income is $52,512. Only 38.5 percent of residents 16 and older are in the labor force, and 57.1 percent of Grant-Valkaria households receive Social Security income (ACS DP03). The survey counts 6.8 percent of all people in Grant-Valkaria below the poverty level. The other 61.5 percent of Grant-Valkaria residents 16 and over are outside the labor force, in a town where 41.4 percent of all residents are 65 or older.

Read the income median with its range. The margin of error on the Grant-Valkaria median household income is plus or minus $26,721, so the true figure could sit anywhere from roughly $93,000 to $146,000. Even at the low end, the Grant-Valkaria median stays above the county median, which is the comparison the data supports with confidence.

The median owner-occupied home in Grant-Valkaria is valued at $550,400, against $339,600 for Brevard County, in the ACS 2020-2024 5-year estimates (ACS DP04, Grant-Valkaria; ACS DP04, Brevard County).

Grant-Valkaria has 2,207 housing units, of which 1,978 are occupied and 10.4 percent are vacant. Owners occupy 97.4 percent of the occupied homes, compared with 76.7 percent countywide, and 96.3 percent of all Grant-Valkaria units are single detached houses. Median monthly owner costs run $2,678 for homes with a mortgage and $735 for homes owned outright (ACS DP04).

Of Grant-Valkaria housing units, 7.0 percent were built in 2020 or later, 13.7 percent of units date from 2010 to 2019, 22.8 percent from the 1990s, 12.7 percent from the 1980s and 13.6 percent from the 1970s (ACS DP04 year built). Mobile homes are 1.9 percent of Grant-Valkaria units, and the homeowner vacancy rate is 2.2 percent, with a margin of error of plus or minus 3.3 points. The survey counts 229 vacant units in Grant-Valkaria in all.

Grant-Valkaria's largest building decade was 2000 to 2009, with 23.3 percent of today's units. Renters will find no published median rent for Grant-Valkaria in this release: the DP04 table shows a dash in place of the median gross rent. The Grant-Valkaria housing and home values guide breaks down home age, bedrooms and owner costs.

Grant-Valkaria workers average 32.8 minutes to get to work, more than the 25.4 minute Brevard County average, in the ACS 2020-2024 5-year estimates (ACS DP03, Grant-Valkaria; ACS DP03, Brevard County).

A large share of Grant-Valkaria workers skip the drive entirely: 27.0 percent worked from home, almost double the county rate of 14.6 percent. Another 65.7 percent of Grant-Valkaria workers drive alone (ACS DP03). The Grant-Valkaria commuting and remote work guide compares travel times with Brevard County and Florida and with the 2015-2019 survey.

Grant-Valkaria counts 720 civilian veterans, 16.3 percent of its civilian adults, in the ACS 2020-2024 5-year estimates (ACS DP02, Grant-Valkaria).

The same Grant-Valkaria table shows 38.0 percent of adults 25 and older holding a bachelor's degree or higher, and an average household size of 2.49 people. The Grant-Valkaria veterans guide covers the veteran count by era and age and lists the county and federal veteran offices that serve the town.

Grant-Valkaria figures come only from the five-year American Community Survey, which pools 2020 to 2024 responses, so each number describes that span rather than a single year.

The population count is tight, plus or minus 17 people around 4,921 (ACS DP05). Values built from smaller groups of Grant-Valkaria households are looser. The Grant-Valkaria median home value of $550,400 carries a margin of error of plus or minus $84,833 (ACS DP04), and the median rent is suppressed altogether. Two practical rules follow for Grant-Valkaria: compare the town with Brevard County on the large gaps shown in the table above, such as median age and owner occupancy, and treat small gaps as within the margins of error.

The vintage matters when quoting Grant-Valkaria numbers from other pages: every figure here is from the 2020-2024 release, so mixing it with an older Grant-Valkaria release, or with a single-year county figure, compares different periods.

Four Grant-Valkaria demographics guides go deeper: the population and census profile, housing and home values, commuting and remote work, and veterans.