Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 62.4 yrs |
|---|---|
| Avg HH Size | 1.91 |
| Below Poverty | 5.6% ▼ 44% below avg |
| College Grads | 63.6% ▲ 64% above avg |
| Unemployment | 2.5% ▼ 49% below avg |
| No HS Diploma | 41 (0.4%) |
| HS Graduate | 1,393 (15%) |
| Some College | 608 (6.5%) |
| Associates | 1,347 (14.5%) |
| Bachelors | 1,118 (12%) |
| Graduate Degree | 4,806 (51.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,859 ▲ 16% above avg |
|---|---|
| Median Home Value | $495,700 ▲ 78% above avg |
| Home/Income Ratio | 5.6x (nat avg ~3.5x) |
| Median Rent | $1,690/mo |
| Total Housing Units | 7,720 |
| Vacant Units | 1,868 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Melbourne Beach is a city in Florida, located in Brevard County. The city spans 1 ZIP code and is home to approximately 11,168 residents. It is an older city, with a median age of 62.4 years.
Economically, Melbourne Beach is a middle-income community. The median household income of $88,859 is above the national average. Approximately 5.6% of residents live below the poverty line. The unemployment rate is 2.5%, below the national average.
The real estate market in Melbourne Beach is a premium housing market. Median home values stand at $495,700, which is significantly above the national average. Renters typically pay around $1,690 per month. Homeownership is high at 85.2%, typical of suburban and family-oriented communities.
The population of Melbourne Beach is highly educated. 63.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (89.35%).
Melbourne Beach, FL offers residents above-average earning potential within Florida.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 32951 | 11,168 | $88,859 | $495,700 | $1,690 | 2.5% | 63.6% | 85.2% |