?28.I 3108 F22 Breverd Cq Fle. L969 W"ptfrp BREVARD COUNTY, FTORIDA HOUSING MARKET

as of N ovember l, 1969

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A Rcport by rhc DEPARTTAENT OF HOUSING AND URBAN DEVETOPMENT TEDERAt HOUSING AD,UIINISTRATION wAsHtNGTON, D. C. 201t1

April l97O AT.IALYSIS OF IIIE

BREVARD COUNTY, FLoRIDA

HOUSING I.IARKET

AS 0F NOVEI'iBER I, 1959

r ," | ' i,,. -j Atjrj 4 1970

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A Report by t[e DEPARII.{ENT OF HOUSII,IG AND URBA}I DEI'ELOPMENT

' wAsHrNcIoN, D. C. 2O4LL FHA Housing Market Analysis Brevard County, Florlda, as of November L, Lg6g

Foreword

Ttris analysls has been prepared for the assistance and guidance of the FederaI Housing Administration in lts operations. The factual iniormaEion, find_ ings, and conclusions may be useful also to build- ers, mortgagees, and othersconcerned with local housing problems and Erends. The analysis does not purport Eo make deterrninations with respect to the acceptability of any partlcular mortgage insurance proposals that may be under consideration in the subject locality.

The factual framework for thls analysls was devel- oped by the Flerd Market Anarysis service as thor- oughly as possible orr the basis of information available tras on the of'r date from both rocar and national sources. Of course, estimates and judg- taenrs made on the basis of informaEion avaitaUfe on the "as offi date may be modtfled constderably by subsequent market developments. The prospective demand or occupancy potentials ex- pressed in the analysis are based ,pt., an evalua_ tion of the factors available on the "as of,, date. They cannot be construed as;forecasts of building activity; rather, they express Ehe prospective housing production r.rhich would maintain a reason_ able balance in demand-supply relatrl j onships under cond ti ons analyzed for the i'as of ,' daEe.

Department of Housing and Urban Development Federal Housing AdminisEration Field Market Analysis Service Washingt,on, D. C. T AII SIS. IDA OF 1

Ttre Housing Market Area (Hl'{A) utllized ln thts analysls is coextensive with Brevard County. However, because of the elongated shape of the county and patterns of growth that have developed, and to provlde lnformatlon of greatest value and usefulness to the FHA, the county has been divlded into five separate submarket areas for the presentatlon of economlc, demographic, hgusing, and demend data. These areas are the same as used ln previous FHA analyses of Brevard County and brlefly defined they are:

(1) Ttre North Mainland area, which consists of Titusvllle Clty and the surrounding unincorporated area; (2) the Central Malnland area, con- sisting of Cocoa and Rockledge cltles and the contlguous unlncorporated area; (3) the South Mainland area, whlch lncludes the cltles of Eau Gallie?l and Melbourne and all of the unlncorporated area from Melbourne south to the couhty line; (4) the North Beaeh area, whlch conelsts of

Cape Canaveral and Cocoa Beach cltles, all of the nen-government ormed tend on Merritt lsland, and the untncorpor4ted area from Cape Kennedy to the southern boundary of Petrick AFB; and (5) the Soqth Beach area, which

Ll Data ln this analysia are supplementary to prgvlous FHA analyses as of February 1, 1965 and February 1, 1968. 2/ In the cities of Eau GaLlie and Melbourne were merged into a single city ealled Melbourne. 2 includes SatelllEe Beach, IndlalanEic, and Melbourne Beach, and all of the untncorporated area from Patrick AEB south to the county line.

Ttrroughout the decade of the 196Ots, the research and development connected with the natlonal defense and civillan space exploration pro- grams dominated the economic, demographic and housing market factors in Brevard County. Up to July L969, the economic expansion generated by these programs had been exceptionally sErong and continuous. With the successful completion of the manned lunar landing of Apollo 11 in JuIy 1959, one of the prime objectivee of our sPace Program was completed. As had been contemplated since the goal of a lunar landing was estab- lished, the attainment of this inltial objective would mark the be- ginning of a period of more deliberate appllcatlons of the physlcal facilitles, skilled work force, and new data that had been assembled during the decade of the 1960's.

ln June Lg6g, the Kennedy Space Center (KSC) civiLian work force reached a peak of about 19,3OO. However, budgetary limitations have dictated a reduced launch schedule and a work force reduction of about 5,600 by Jul-y 1, 1970, This analysis evaluates the recent economic developments in Bre- vard County (especiatty the reductlons now in Process at KSC) and the cur- rent conditions and prospects for the houslng market'

Several analyses of the Brevard County housing market have been prepared since tne 1960 Census and reference to the earlier studies will provide pertinent background information. Where applicable, data in the previous studles have been lncorporated lnto thls analysis.

Antlcipated Housing Demand Until the work force reducttons at KSC are completed in JuIy 1970' the condition of the housing market ln the North Mainland, Central Malnland, and North Beaches submarkets will continue to l^rorsen. In each of these submarkets, the data lndicate that lf no additional housing units are built during the three years from November 1969 to November 1972, a substantial surplus of sales and rental units will continue to persist at the end of the forecast pertod. It is like1y that a careful utilization and adaptation of the extsting inventory in these three submarkets during the three-year forecast period would be capable of meeting virtually all of the housing requirements that may arise, including housing insured under the subsidized programs administered by FHA. A limited number of new unlts undoubtedly will be constructed between.November L969 and L972, but any addi- tional proposals for FHA insured houslng should be evaluated carefully -3 in light of the availability of existing uniEs to determine if the need could be rnet througtr the utl llzation or modiftcatlon of some type of exlstlng housing; additional. new unlts should be consldered onty if lt ls clear that this crlterlon ls not met. An exeess of both sales and rental vacancies also existed in the South Mainland and South Beaches gubmarkets in Novenrber 1959, but in vlew of the anticipated economic growth connected with the Radiatlon, Inc. ex- panslon, some carefu1ly screened new cons,truction may be warranted. Most of the available vacant housing units ln these two submarkets &re ln the lower range of sales prlces and rents and wtll not satlsfy all of the household growth requirements If the high proportion of skilled engineer- technical personnel associated wlth the present Radlatlon staff ts con- tinued. Growth at the retirement community of Port Malabar, south of Mel- bourne, also will continue uninfluenced by the economic sltuation ln the county. Based on the foregoing, an annual construction volume of as many as 600 single-famlly units could be marketed ln the South Mainland and South Beaches areas. Ihese desirably should be bullt under contract for predetermtned ohrrerg. A need for Eddltlonal multl- family units durlng the forecast period ls not enticlpetgd, Baeed on the sales prices of FHA.acqpired home propertteF in the South Mainland submarket, virtually all of which p,re below $15rO00, the adaptatlon of the stock of existing vacant seles and renta[ housing could satisfy the needs of famllies requirlnS' gorrte assigtance.

Sales Market

The market for new and existi.ng sales houstng in Brevard County in November L969 was weakl the counEy-wlde home6wnei vaqency ratfo was 4.5 percent. New singte-famtly unlts under constructlon have been cut back eeverely. According to the postal vacancy survey, only 215 new resldengeq lrere under consqfuctlon of whlch 1I0 were ln the South Malnland submarket. Submarket arPas ehowlng par- ticular hreakness are the Nprth Malnland, Cgntral Malnland, and North Beaches. FHA-acquired'home propertles on 0ctgber 1r 1969 numbeted 47L ln Brevard County, repreeenting a sherP galn over the 252 ppopertiee on hand ln July 1.968. 0f the october 1959 total, 116 were ln the Tltusvllle area, 2L5 wete 'tn the Cpcoa-Bpekledge;.Merrltt Ielend area, and 140 were i.n the Mel.bourne and South Beachee aree6. Durlng the fir6t ten months of Lg6g, the number of propertles on hand ln the Melbourne and South Beachee ereas wea tedused from 149 propertlee tn January 1959 to the 1.40 propertlea on hend tn gctober 1t69, showlng that the sharp galns ln acqulred home propertlOs have been entirely tn the north 6nd centrPl areas of Brevafd County. I-enders report that in the paet year lt has become lncreaslngty frequent for homes to be placed on the merket wlth the seller sceklng only someone to assume payments on the property. Even ln the South 4

Mainland and South Beaches submarkets where the new and existlng sales market is relatively stable, local sources lndicate the limited supply of funds and high interest rates have hindered new construction and upgradlng. A special survey of Lower-priced single-family houses in Titusville and its immediate envlrons found 244 vacant houses, mpny of which-- judging from their appearance--had been abandoned. Although not sub- stantiated by surveys, a similar situatlon likeIy exists ln the Central Mainland and North Beaches submarkets. At the time the survey of lower- priced sales housing was conducted for Tltusvl1le, mortgage companies reported that loan payment delinquencies on a county-wide basis hrere about 25 percent greater than at the same time in 1968.

Rental Market The rental rnarket ln Brevard County has deteriorated markedly in the past three years. Ttre February 1965 FHA analysts reported a renter vacancy ratio of 14.2 percent on that date, while the November 1969 ratio is 16.4 percent. Although the dlfference between the two ratios, both representing severe excess vacancy, ls not great, the rental in- venEory has increased, and the November 1969 ratio represents 3r500 avallable vacant rental units compared wlth 2r625 unlts in February 1956. The South Mainland and South Beaches submarkets do not exhibit the same comparative strength in the rental market as they do for sales housing. Although renter vacancy ratios for these thro areas are below those for the North Mainland, Central Malnland, and the North Beaches submarkets, all five submarket areas exhlbit condltlons of serious excess supply. Compounding the problem of the high renter vacancy ratio in the North Mainland submarket and lts prospect for a loss of households during the next 3lear, there were 365 apartment units under construct:-on in November 1969. There are fourteen FHA-lnsured multlfamily projects involving 2rO83 units in Brevard County. Eleven of the proJects are insured under Sectlon 207, and one each under Sectlon ill3, 221(d)(3) BMIR, and 221(d)(4). From to Octqber L9e.9, the aggregate vacancy ratio in these unlts rose from 28 percent to 38 percent.

Mobile ,Home Parks

Mobile home parks ln the Brevard County IIMA are characterized by a substantial excess supply of spaces. In October 1958, a survey of 95 mobile home parks tn the HI'IA was conducted. These parks in- cluded nearly 61100 spaces, of which 11425 (23 percent) were vacant on the survey daEe. In addltion, an undetermined number of mobile homes ovmed by park operators for the purpose of rentlng both the mobile home and the space vrere vacant; although the number hras con- siderable, these vacancies are not reflected in the survey count of vacant spaces. In the North Malnland, Central Mainland, and North Beaches submarkets vacant mobile home spaces represented almost 26 5

percent of total spaces. Vacant spaces in the South Mainland and South Beaches submarkets accounted for 18 percent of all spaces. MobiIe home parks built to FHA speciflcatlono are superior in quallty to the typlcal park in the Brevard County HMrr, but thelr monthly rentals are greater than the $25 to $35 monthly charge by the vast maJorlty of mobile home parks in Brevard County. An exlstlng FHA-lnsured mobile home park ln the Cocoa area includes 205 spaces, of which 47 Q3 percent) were vacant on the survey date. Based on the status of mobile home parks in November L969 and on the assumption that thls position will de- teriorate further before the work force reductlons are completed at KSC in , there will be an emple supply of mobile home spaces available throughout the November 1969-November [972 forecast period without the development of additional mobile home parks.

Nursing Homes

The proportion of elderly persons (aged 65 years and over) in the Brevard County HMA populatlon was about three percent in November 1959, representing about 7,4OO elderly perBons. This ratlo is substantially below the 9.5 percent proportlon of elderly ln the natlon and the 12.7 percent of the total populatlon of Florida represented by elderly persohs. According to the Brevard County Health Department the majoritv of eld- erly persons in the HMA reslde ln the South Mainland subrnarket. A1- though age is not the factor governing occupancy for nursing home beds, experience shows that virtually alL persons occupying nursing home beds are older than 55 years.

In Noveniber 1969, there were four nursing homes completed and in operation in Brevard County; three of Ehese were in Melbourne and one was in Rockledge. Itre existing projects have a total of 345 beds, and the munthly charge in all four nursing homes begins at about $35o for a semi-private room and ranges upward depending on services pro- vided. Of the 345 beds avallable in the HMA, 242 (7O percent) were in use and 76 of these received some welfare assistance.

Based on the number of beds available in November 1959, on the relatively low proportion of elderty persons in the HMA, and on the proximity of the Brevard County HMA to additional nursing home services in Daytona Beach and orlando, it is judged that additional nursing home beds iuring the November 1969-November L972 forecast period would not be utilized sufficiently to make another nursing home economicatrly feasible. Should unanticipated changes occur in the HMA during the forecast period that would appear to indicate an incapability of the existing nursing homes to meet the need, additional field investigation should be conducted at that time.

Economic. Demoeraphic. and Hou sing Factors.

Anticipated developments in the housing market in the Brevard county HMA are predicated on the findings and assumptions set forth be 1ow. -5- employment Econ.rmy and E*plovment. Nonagricultural wage and salary ln ending August 1959, Brevard County u""rigein-qg0o for the twelve months a"corai.,g to ihe f'toifda Department of Conrnerce' This level represented toss from the compareble perlod ending August 1958 and the first drop"-qoo-iof, in employment recorded durlng the period since 1960. The table below wage and salary sht>ws the year-to-year changes ln total nonagricultural employment,manufacturtngemployment,andnonmanufacturingemployment. E"senlialty, the figures for all three grouPs coincide with the develop- of NASA. ment and the recent reduction in the employment requirements

EmploymentbyindustryinBrevardCountyisshownintablel.The(AEETR) that the many contrsctors at the Air Fouee Eastern Test Range fact group both the manu- and KSC are scattlred in nearly every industry tn and nonmanufacturing seetors expLains both the rapid expanslon facturtng every lndustry from 1960 to 1968 and the recent reductlon ln nearly grouP. Emplovment Trende rd un F1 lda Marke Area 19 0- L969 (in tlousands)

Total Nonagricultural waee and salary Manufacturing Nonmanuf acturing Year Number Change Number Change Number Change

26 6 1960 33.5 6,9 28 2 1.; 1 35.0 2'. ; 7.8 0.9 196 4.7 L962 40.7 4. 7 7.8 0.o 32 9 42 9.9 1953 51.5 10. 8 8.7 0.9 I o.7 53 7 10.9 1964 53. 1 11. 6 9.4 69.7 6. 6 I0. 5 1.1 59 2 5.5 1955 5.5 t966 78.9 9. 2 L4.2 3.7 64 7 66 1.8 1967 84.4 5. 5 t7.9 3.7 5 66 0 -0.5 1968 86.0 1. 6 20.0 2.1

12 months end. Aue. 66. 1 1958 85.8 L9.7 r969 84.9 -0.9 19 .6 -0 I 65.3 -0.8 Source: Florida Department of Commerce'

CiviltanemploymentandmilitarypersonnelatAFETRandNASAinstal-of the AFEIR is larions in rhe gile Lre shown in tabrl ir. Ttre effort directedtoward"p"""explorationasrelatedtothenationaldefense.AFETR organlzation' patrick AFB and ilp" r"""edy AFS both are in the ana June 1959, the combined military and civilian Berween December rbo6 a reduction of personnel data for these two instaliations indicated S,560personneI;thesereductionsoccurredwithlittlepublicityand 7 h/ere not forecasE in earlier years. Employment by NASA has grown rapidly since Lg6l, reaching a peak in the last half of 1958, a development planned to correlate with the Apollo tl lunar landing. Thus the reduction of some 1,660 jobs by NASA from to had been anticipated.

From June 1959 to November L969, the AFEIR reports little or no change in strength at Patrick AFB or Cape Kennedy AFS. At the KSC, however, the reduction in the NASA budget necessitated the reduction of about 5,600 jobs to be completed by July 1, L97O; by November 1, 1969 about 2,000 of tne 5,6O0 total programmed reductiod had taken p lace .

Employment prospects in Brevard County from November 1959 to November L97? will be severely affected by the NASA work force re, ductions. Vqry litt1e effect of the,NASA reduction is reflected in Florida Department of Commerce data for the period ending August L969, and, since the target daEe for completing the 5r600-job cut-bac! i.s July 1, 1970, the impact of the reduction will be felt well into 1970. In addition to the direct NASA reduction, Losses from ancillary sources may be expected. AFETR. sources report that llttle or no change is anticipated iri the strengttr figures reported as of June 1969 ior Patrick AFB and C4pe Kennedy AFS.

: I\uo sources of, employment growth during the forecast period will be Radiation, lnc. and the Merritt Square-Merritt Point Shopping Com- plex. Radiation, Inc. plans to construct an additional facility south of Melbourne to produce electronic equipment not connected with the space program; by November'!-972, some 21000 jobs will be added by this firm. The Merritt Square-Merritt Point Shopping Complex includes three major department stores and numerous smaller shops that will begln to open in February l97O; employment will range from 800 to 1,100 when the entire complex is open by the end of 1970.

Detrimental factors predominate during the first year of the November 1969-November 1972 forecast period and by November Lg7O, employment in Brevard County is expected to be down about 5,000-7,000 from the 84,900 nonagricultural wage and salary jobs recorded for the twelve months ending . Fot the last two years of the November 1969-1972 forecast period, moderate growth is expected to be resumed on the order of 3,5O0 nonagricultural wage and salary jobs yearly. IE developments materlaLize as anticipated and outlined above, the November 1972 employment may be re-established at the same level as recorded for the twelve months ending August L969.

Unemployment is expected to increase somewhat during the November 1969-November 197O forecast period, but not in proportion to the number of jobs eliminated. The primary basis for the assumption, is, the high ProPortion of skilled, technical workers among the contractor personnel whose jobs are being eliminated. Many of these individuals will teave the area promptly for work in other locations. -8

Income. In November 196% the median annual lncome, after deducting federal income tax, for all famllies in Brevard County was $91475 and the median for renter households of two or more persons was $8rO5O. About 18 percent of all famllies and 23 percent of renter households of two or more persons had after-tax incomes betow $5r000 yearly. Detalled distri- butions of all familles and of renter households of two or more persong by income for 1956 and 1959 are shown in table 1II.

Population and Households. On November 1r1969; the population of Brevard County numbered about 247 r5OO persons. Ttris number represente an average yearly gain of 9r45O persons slnce February 1956 and compareo with an average annual increment of L7r225 between Aprl1 1950 and February L966. Ttre popu'lgtion trends for Brevard County and each of the five submarket ateas are ghown below. It ls lnteresting to note that the North Malnland and North Beaches areas conbined account for 57 per- cent of the total February 1956 to November 1969 galn compared wlth 43 percent during the Aprll 1950 to November L966 perlod. T,he North Main- lend and North Beaches submarkets are closest to KSC and the growth in these submarkets in the latter time period are conslstent with the continued work force galns at KSC associated with the Apollo lunar landing.

Populatlon Trends Brevard Countv. Florida. Houslng Market Area 1950 - 1969

Average annual April 1, Feb. 1, Nov. I, change Area 1960 tg66al 1969 1950 - 1965 t966-L969

North Malnland 18 ,738 36, 1OO 44,100 2,97 5 2rL25 Central Mainland 23 r395 41,900 45,5oO 3rL75 975 South Mainland 36,367 65,0OO 73,000 4, goo 2rL25 North Beaches L9,32O 45,900 58,200 4,550 3,275 South Beaches 13.618 ?.3. 100 26.500 L.625 950

Brevard Co. total 111,435 2|Z,OOO 247,5OO L7,225 9,450 gl Revlsed.

Sources: 1950 Census and estimates by Housing Market Analyst.

There were about 701350 households ln Brevard County in November 1959, representing an annual increase of 21475 households over the 51,100 re- ported ln February L966. During the lnterval from April 1960 to February L966, an average of about 41875 households were added yearly. the same pattern of household growth developed as for population growth for Brevard County and each of the five submarkets, as shown below. -9 Household Trends Brevard County, Florida, Hous:4g arket Area 1950 - 1e-69 Average annual Apri I I, Feb. I, Nov. 1, change Area 1960 L966 L969 1960-1956 L966-L969

North Mainland 5,37O 10, loo I2,l50 810 550 Central Mainland 6,725 I 1 ,850 12,650 880 225 South Mainland 10,858 18 ,850 20,700 1,375 500 North Beaches 5,725 13,650 L7 r25O 1,350 950 South Beaches 3.977 6.650 7.600 460 250

Brevard Co. total 321655 611 1OO 70,350 4,87 5 2,475 Source: 1950 Census of Houslng and estimates by Housing Market Analyst. During the first year of the November 1969-November 1972 forecast perlod the North Mainland, Central Malnland, and North Beaches submarkets wiII experience populatlon and household losses in connection with the KSC reduction in work force. In the last two years of the forecast period, it is anticipated that most of this loss will be recovered as the result of new employment sorlrces, and the three submarkets will regain their November 1959 population levels. The South Mainland and South Beaches submarkets, buoyed primarily by the expansion at Radiation, Inc.r are expected to continue moderate growth, perhaps at a slightly greaier leve1 than during the past three years.

Houslng Inventory. On November 1 , 196$ the Brevard County housing inventory totaled 79,2OO units. The increase of 42,350 units over the number reported by the April 196O census was comprised of 401300 newly constructed units, about 31050 additional trailers, and the loss of about I,000 units from the inventory.

Residential Buildi ng Activlty. New residential construction acEivi as measured bY the numbe r of housing units authorized by building permit lr, 1s shornrn in table IV f or Brevard Coun ty and for each of the submarket areas. Total housing un it authorizat ions in the county increased from 2,600 in 196O to a Peak of 7 ,900 in I 963. A continuous decLine ensuedl in 1967 onlY 3,45O units were authori zed, and in 1968 only 2,125 units were authorized. Data f or the first nine months of 1969 indicate onIY about 1,35G units will be authorized in all ofcalendar yeat 1969' A1- though both single-family and multlfamily authorizations for the entire followed this trend, the number of multifamily units authorized aroppea"or.Iy sharply after 1964. lmportant variations in individual sub- *"ri."t", obscured by this overall trend, are revealed in table IV'

ll A11 of Brevard CountY is cove red by building Permit systems. 10-

Vaeancv. Residential vacancles ln Brevard County in November 1959 hrere at the highest levels, both numerlcally and in percentage terms, recorded in the 195ors. As of November 1, L969, there were about 6'000 vacant unlts avallabre for rent or for sale in Brevard county. ApproximateLy 2,500 were for sate and 3,500 roere for rent indicating respecEive homeowner and renter vecancy ratios of 4.5 percent and 16.4 percent (see table V). The current vacancy situatlon and its relation to prior periods in Brevard County ls shor+n below by the series of postal vacancy survey re- eults.

t Surunarv Results Post Office V ancy Surveys Brevard Coun ty, Florlda 1961 1969

Total Units Percent Dat€ of 9UrX/ey [email protected] vacant vacant

October 1951 29,350 L ,575 s.4 November 1963 40,210 1 ,101 2.7 November 1954 52r730 3 ,7o4 7.O November 1955 60,295 4 ,390 7.3 February 1958 56,733 3 ,L45 4.7 October 1969 72,413 6 ,359 8.8 Source: Postal vacancy surveys conducted by collaborating postmasters. Table I

Work Force and Emplovment Brevard County, Florida. Housine Market 1960 _ 1969 (in thousands) I\^relve mnths ending August Emplovment c lassif i cat ion r960 1 196 L962 1963 L964 1965 L966 L967 1968 1968 1969 Total civilian workforce 4L.9 45.3 50 2 62.6 76.2 83.7 93.4 98 .8 r.oo.3 100. I 99.5 Unemp loyed 1.5 t.8 1.5 1.3 1.5 1. 7 1 8 2.L 2.4 2:.3 2 8 Percent unemployed 3.67" 4.07. 3.O7" 2.L7" 2.O7" 2. 07" L 97" 2.L7" 2.47" 2.37" 2 87" Agricul tural employment 0.8 0.8 o.7 1.0 0.9 1.O L.2 I.3 L.2 L.2 L.4

Nonagricultural employment 39.6 42.7 48 0 50.3 73.8 81.O 90 4 95.4 96.7 96.6 95. 3

Nonag. r^rage and salary employ. 33.5 36. O 40.7 51.5 63. r 69.7 78.9 84.4 85. O 85.8 84.9 Manuf acturing 6.9 7.8 7.8 8.7 9.4 10.5 L4.2 t7.9 20.o L9.7 L9.6 Durable goods a/ a/ gl a/ a/ a/ 13.O 16.6 IE 8 18- 5 18.4 Ordnance and elec. equip. a/ a/ a/ 5 I 5 9 6.4 8.2 10 t L2 o 1l 3 r3 o Trans. equipment a/ a/ a/ 2 4 2 1 2.5 4.0 5 8 6 I 6 5 4 6 Other durable goods a/ a/ a/ a/ a/ a/ 0.8 0 7 o 7 o 7 o 8 Nondurable goods a/ a/ al e/ al al L.2 I 3 I 2 I 2 I 2

Nonmanufac turing 26.6 28 2 32.9 42.8 53.7 59.2 64.7 66.5 66. O 66.L 65.3

Contract construction 2 8 2.7 3.4 6.6 10. 1 9.7 7.L 6.0 4.8 5. r 4.4 Trans., comm., & pub. utilittes I 2 1.1 L.2 1.5 r.9 2.L 2.3 2.6 3.O 2.9 3 .0 Trade 5.8 5.0 6.9 8.6 10.9 1l .4 12.8 t2.8 Wholesale trade 13.4 L3.2 13.5 I o 1.0 I t L.4 2.3 2.4 2.3 1..6 1.6 Retail trade I .6 L.7 4 8 5.0 5 8 7.2 8.6 9.0 L0. 5 Lt.2 11 .8 11"6 1t.8 Finance, ins., & real estate 1 o 1.1 I 3 L.7 2.1 2.2 2.5 2.7 2.6 Services and miscelLaneous 2.7 2.7 1 0 7 1 1.5 3 o I 5.5 18. O 21.4 26.O 27.4 26.4 26.6 25.6 Governmen t 5 I 5.8 7 I 8.9 IO.7 L2.4 t4.0 15. O 15.8 15. 6 16. I Federal a/ a/ a/ 4.6 5.7 6.7 State and local 7.3 7.5 7.5 7.5 7.2 a/ a/ a/ 4"3 5.0 5.7 6.7 7.5 8.3 8.1 8.9 Other nonag,. employmentb/ 6 I 6.7 7 3 8.8 to.7 11 .3 11.5 1I.O 10.7 to.8 10.4 al Data not available. b/ Self-employed, unpaid family and domestic workers. Source: Florida Department of Commerce, Division of Labot-and Employment Opportunities. Table Il

Employment by Installation and Type of Personnel for the AFETR and NAS€./ Brevard CounEy, Florida r965- r969

September 30, 1965 December 3I, 1966 December 3I 1967 June 30 r 968 June 30, 1969 Installation and Type of Personnel AF NASA AF NASA AF NASA AF NASA AF NASA

Patrick AFB Mi Iitary 2,51+6 2,826 2,796 2,964 - 2,464 CiviI Service 2 ,ALO 27 2,985 35 2,762 4r 2,957 44 2,55O 42 Con trac tor 3,5Ii 3 .384 2 .830 2,725 j 2.663

TOTAL I ,467 27 9, I95 35 8,388 4t 8,446 44 7,677 42

Cape Ker:nedv AFS!/ Mi 1 i tary I ,550 1,394 L,284 I ,064 I ,368 Civil Service 453 2L6 34r 277 352 303 506 304 5I6 172 Con trac tor 10,584 4,586 10 ,050 6,602 6,254 7,567 6,492 6,234 5,905 3 ,983 Tenan t 751 442 9 L4

IOTAL L2,587 5,553 11,785 7,22L 7,890 7,879 8,L62 6,552 7,789 4,155

Kgnnedll Spac e Center Mi I i tary 5 5 5 5 5 Clvi I Service 2,O75 2,253 2,439 2,696 2 ,809 Con Erac tor 101 5,388 101 l0,905 t0l 13 ,8 59 10t L4,7OO 10t L4,862 Tenan t 262 358 896 I,O5I I,5I5

IOTAL 10t 7 ,73O 101 13,531 lol 17, I99 101 t8,452 101 l9, l90

Summary Mi I i tary 4,096 5 4, 220 5 4 ,090 5 3 9 28 5 3,832 5 Civi 1 Service 2,863 2,3L8 326 2,565 3, t 14 2,783 J 4 63 3,O44 3 ,066 3,O22 Contractor 14,196 9,974 13, tr: 17,5O7 9,185 2L ,126 9 J I8 20,934 E,669 18 ,645 Tenan t I,013 710 905 1.065 1.5r5

TOTAL 21,155 13,310 21,08 I 20,787 L6,379 25,tt9 L6,7O9 25,O48 L5,567 23,387 al Excludes most construction workers. y/ lncludes personnel located off-site Sources: National Aeronautics and Space Agency and Department of the Air Force' Table III

Es tima Percentace Dletrlbutlon of A11 Famll es and

Bre F and gt 1 ----:---nEnter1959 A1 nter lit IncomeL/ farnlllee householdsb/ f aqrt ltes hougeho ldeg/ Under $3, 000 1 o 1 3 9 t0 $3, Ooo 3 999 5 8 56 4, OO0 4, 999 6 9 47 000 5 5,999 7 9 6 E ggg 5 000 5, I 10 7 I 7 000 7,ggg 10 10 7 9

8,000 8 ,999 9 I 9 8 9, O00 9 ,999 7 8 6 8 10, c00 L2 , 49 I 15 13 l5 15

12,500 - 14,ggg 9 7 14 9 15,000 and over l3 5 E 11 Total 100 100 100 t00

Median $8,050 97, tZ5 99,475 g8,O5O a/ Revi sed . bt After deduction of federal income tax. c/ Excludes one-person renter househotds.

Source: Estlmated by Housing l,larket Anatyst. Table IV

Total Housing Units Au zed Bv Buildins Permits By lYpe of Structure Brevard County. Florida 19 60-L969 Eirst nine months Area and tvpe of structure 1960 196r L962 t963 t964 1965 L966 t967 1968 19 68 1969 Single-familv units:

North Malnland 204 zg}b/ 6sj 905 L,362 1r135 77L 295 266 50 Central Mainland ,lolrer 280 382 858 770c1 53r 672 4L6 L64 156 97 South Mainland 1,101 1,339 t, 121 L,42L t,172 592 4L2 453 443 362 269 North Beaches 759 984 1,L26 1,449 1, 179 825 787 938 458 406 128 South Beaches 240 332 4s3 679 42L 248 2Lt 24t L52 t27 58 Brevard County Total 2,479 3, 139 3,380 5,063 4,448 3r558 3,2L7 2,8 19 1,512 1 ,317 622 Multifamilv units:

North Mainland o 4 20 579 483 losq/ 187h/ 362 160 160 426L1 Central Mainland 55 149 53 590 707 849t 31 40 28 28 40 South Malnland 2 47 t77 428 42r nsu . 29 7|Ll 223 223 96 North Beaches 37 199 845 993 701 54scl 574 141 19I r79 28 South Beaches 4L L7 119 255 173 llo 0 2 8 2 2 Brevard County total 135 416 1,214 2,945 2,495 1,019 82L 619 5rO 592 592 Total units

North Mainland 77 208 318bl I 236 1 ,389 t,464/ r .3z2t/ 1, I33 455 426 486i/ Central Malnland 357a1 429 435 I 448 1,477c/ 6L:f/ 703 456 L92 184 L37 South Mainland 1, l03 I ,386 1,298 I 849 1,593 767t-/ 44r 527i/ 666 585 365 North Beaches 796 1, 183 L,g7 L 2 441 1 ,880 L 37C€/ 1 ,361 1,079 649 585 156 South Beaches 281 349 572 934 594 358 ztt 243 160 t29 70 Brevard County Total ffi 3,555 ff,f;4 ?,908 6,933 TM M5FTM I ,9og aG al Includes 100 public housing units. dl Includes 24 units of public housing. U lncludes 50 units of public housing. bl Includes 54 public housing units. el Includes 56 units of public housing. il lncludes 54 units of public housing. c/ Includes 250 public housing units. Ll Includes 70 units of public housing. il Includes 121 units of public housing. gl Includes 100 units of public housing. Sources: Bureau of the Census, C-4O Construction Reports. Supplementary data from Brevard Buildersr Exchange, Inc. Table V

Trend of Tenure and Vacancy Breverd Countv. Flortd 1960 - 1969 :.rr.-

Aprt [ 1, February 1, November t ) Tenure qtrd res€lgtf 1960 L966 1969

Total houeing inventory 36.852 58. 100 79,200

Total occupted 3?.655 51.100 70.400 Owner-occupled 22r576 45,3OO 52,5OO Percent of total 59.17. 74.L7" 74.67" Renter-occupled 1O,079 15,800 17,9OO

Vacant houslng unlte 4.!97 /.,0,00 8 4q

Avallable vacant 2.220 4.600 6. OOO For sale troo3 1r975 2,500 Homeowner vacancy rate 4.37" 4.27" 4.57" For rent 1,2L7 21625 3,500 Renter vacancy rate 10.9% 14.2% 16,47"

Other vacantg/ L,977 2,400 2,800

al Includee vacant seasonal untts, dlleptdated unlts, unlts rented or eold awaiting occupancy, and unttp held off the merket for abeentge o$mers or for other purposea. Source: 1950 Census of Houslng and estlmatps by Houslng Market Anel.yat.