At a Glance
Median Income
$64,504
$36,715 per capita
Home Value
$272,900
Zillow: $356,996
Median Rent
$1,411/mo
32.3% of income on rent
Bachelor's Degree+
33.3%
92.9% high school+
Unemployment
4.4%
11.2% poverty rate
Obesity Rate
35.1%
14.4% smoking rate
How Melbourne Compares to the U.S. Average
Each bar shows Melbourne's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Melbourne a Good Place to Live?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Melbourne residents earn a median household income of $64,504 , which is 14% below the national average of $75,149.
Per capita income is $36,715. The unemployment rate stands at 4.4% (22% above the U.S. rate of 3.6%). 11.2% of residents live below the poverty line. The area is home to 18,850 business establishments, including 1,318 restaurants.
Housing & Cost of Living
The median home value in Melbourne is $272,900 , 3% below the national median of $281,900.
Zillow estimates the typical home at $356,996. Median rent is $1,411/month, with 32.3% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1985.
Education
33.3% of adults in Melbourne hold a bachelor's degree or higher
(1% below the national average).
92.9% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Melbourne 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
Population85,718
Median Age42.3 yrs
Density1,940/mi²
Male / Female49% / 51%
Foreign Born10.7%
Veterans12.9%
Economy
B+
Median Income$64,504
Per Capita$36,715
Unemployment4.4%
Poverty11.2%
County GDP$43,482M
Avg Weekly Wage$1,309
Housing
A
Home Value$272,900
Rent$1,411
Ownership60.3%
Zillow$356,996
Housing Units40,311
Rent Burden32.3%
Health
Obesity35.1%
Diabetes10.8%
Smoking14.4%
Heart Disease5.9%
Premature Death10,703/100K
Climate
Avg Temp73°F
Rain50.8 in/yr
Elevation30 ft
Education
B+
Bachelor's+33.3%
High School+92.9%
Graduate+12.1%
School Score6.3/10
Community
2024 VoteR 60% / D 39%
Commute22 min
Broadband89.8%
Internet Speed164 Mbps
EV Stations51
Libraries18
Did You Know?
Melbourne was founded in 1867.
The median home in Melbourne was built in 1985.
The nearest airport is Melbourne Orlando International (1 miles).
The Gini coefficient (income inequality) is 0.452 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
16.6% of the population has a disability.
10.7% of residents are foreign-born.
Average internet download speed is 164 Mbps.
There are 1,318 restaurants in the area.
The county recorded 96 fatal vehicle crashes.