“While occupancy continues to stabilize across the Space Coast, the market is projected to be supported by job growth and other strong economic fundamentals. The area’s high-tech job growth is currently second in the nation with local jobs boasting an impressive $106K average starting salary. In general, the Space Coast benefits from an overall household income of $85K+. When paired with recent wage growth of 6.5%, rents will trend upward for years to come.”
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