Malabar, FL

Full City Profile · Florida · Indian River County County

4.4 /5.0
A Great
3,017 Population 282/sq mi density
$123,345 Median Income $58,519 per capita
$441,700 Home Value $538,080 Zillow
73°F Avg Temperature
A
Overall
4.4 / 5.0
Strong
A+
Economy
5.0 / 5.0
$123,345 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$441,700 home value, /mo rent
B+
Education
3.7 / 5.0
33.4% bachelor's degree or higher

Malabar, FL

At a Glance

Median Income
$123,345
64% above
$58,519 per capita
Home Value
$441,700
57% above
Zillow: $538,080
Bachelor's Degree+
33.4%
1% below
98.0% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
31.6%
2% below
11.9% smoking rate
Avg Temperature
73°F

How Malabar Compares to the U.S. Average

Each bar shows Malabar's value as a percentage of the national average (100% = U.S. avg)

Income
164%
Home Value
157%
Poverty
0%
Bachelor's
99%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Malabar a Good Place to Live?

A
4.4 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Malabar residents earn a median household income of $123,345 , which is 64% above the national average of $75,149. Per capita income is $58,519. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 5,868 business establishments, including 316 restaurants.

Housing & Cost of Living

The median home value in Malabar is $441,700 , 57% above the national median of $281,900. Zillow estimates the typical home at $538,080. The cost of living index is 103.4 (100 = national average). The median home was built in 1989.

Education

33.4% of adults in Malabar hold a bachelor's degree or higher (1% below the national average). 98.0% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Malabar has an average annual temperature of 73°F (23°C). Winters average 62°F in January while summers reach 82°F in July. Annual precipitation totals 50.8 inches.

Data Overview

People

Population3,017
Median Age55.7 yrs
Density282/mi²
Male / Female53% / 48%
Foreign Born7.8%
Veterans10.6%

Economy

A+
Median Income$123,345
Per Capita$58,519
Unemployment0.0%
Poverty0.0%
County GDP$11,152M
Avg Weekly Wage$1,115

Housing

A+
Home Value$441,700
Rent
Ownership95.2%
Zillow$538,080
Housing Units1,363
Rent Burden34.4%

Health

Obesity31.6%
Diabetes8.6%
Smoking11.9%
Heart Disease5.1%
Premature Death9,380/100K

Climate

Avg Temp73°F
Rain50.8 in/yr
Elevation22 ft

Education

B+
Bachelor's+33.4%
High School+98.0%
Graduate+16.2%
School Score5.6/10

Community

2024 VoteR 63% / D 36%
Commute26 min
Broadband96.0%
Internet Speed112 Mbps
EV Stations14
Libraries5

Did You Know?

Malabar was founded in 1919.
The median home in Malabar was built in 1989.
16.7% work from home.
The nearest airport is Melbourne Orlando International (9 miles).
The Gini coefficient (income inequality) is 0.507 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
11.8% of the population has a disability.
Average internet download speed is 112 Mbps.
There are 316 restaurants in the area.
The county recorded 23 fatal vehicle crashes.