Median Income
$76,500
2% higher than US avg
Home Value
$250,000
11% lower than US avg
Bachelor's+
14.9%
56% lower than US avg
Unemployment
4.7%
31% higher than US avg
Poverty Rate
10.8%
13% lower than US avg
How Melbourne Compares to the U.S. Average (100% = U.S. avg)
People
Population1,096
Median Age48.0 yrs
Density16/mi²
Male / Female54% / 47%
Largest GroupWhite 100%
Economy
B+
Median Income$76,500
Per Capita$49,400
Unemployment4.7%
Poverty10.8%
Commute27 min
Housing
A+
Home Value$250,000
RentN/A
OwnershipN/A
Housing Units425
Rent Burden3.9%
Education
C
Bachelor's+14.9%
High School+18.9%
Graduate+9.1%
Is Melbourne a Good Place to Live?
Based on current data, Melbourne receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include affordable housing. Melbourne offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Melbourne is $76,500, roughly in line with the national average of $75,149. Unemployment stands at 4.7%, indicating a healthy job market. 10.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 27 minutes.
Cost of Living & Housing
The median home value in Melbourne is $250,000, 11% below the national median — offering relatively affordable homeownership. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.
Education
14.9% of residents hold a bachelor's degree, below the national average of 33.7%. 18.9% have completed high school.
Melbourne has a population of 1,096 with a density of 16 people per square mile. The median age is 48.0 years, 23% older than the national median of 38.9. The city is predominantly White (99.5%).
Population
48.0yrs
Median Age
23% above US avg
Race & Ethnicity
Melbourne vs U.S. Average
Language Spoken at Home
| English Only | 25.6% |
| 67% below US avg |
| Spanish | 69.9% |
| 421% above US avg |
| Other Languages | 4.6% |
Social Characteristics
Melbourne vs U.S. Average
The median household income in Melbourne is $76,500, which is 2% above the national average of $75,149. The unemployment rate is 4.7% (above the 3.6% US average). 10.8% of residents live below the poverty line. Workers commute an average of 27 minutes.
Income: Melbourne vs U.S.
Income
| Median HH Income | $76,500 |
| 2% above US avg |
| Per Capita Income | $49,400 |
Employment & Poverty
| Unemployment | 4.7% |
| 31% above US avg |
| Poverty Rate | 10.8% |
| 13% below US avg |
Commute & Transportation
| Commute Time | 26.6 min |
| Drive Alone | 87.3% |
| Public Transit | 0.0% |
| Work from Home | 27.9% |
The median home value in Melbourne is $250,000, 11% below the national average.
Home Values
| Census Median | $250,000 |
| 11% below US avg |
Real Estate Market (Redfin)
Ownership & Property
| Owner-Occupied | 92.9% |
| Renter-Occupied | 5.9% |
| Housing Units | 425 |
Property Tax
Health Metrics: Melbourne vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Melbourne vs U.S. Average (per 100,000)
Geography
| Area | 67.2 sq mi (173.9 km²) |
| Population Density | 16/sq mi |
| Coordinates | 45.6573°N, 72.1483°W |
| Timezone | America/Montreal |