Living in Malabar, Florida
Cost of living, income, home prices, rent and demographics of Malabar · Census data 2020–2024
Malabar has 3,066 residents with a median age of 53.1. The median household income is $128,698 (73% higher than the Florida median), the median home value is $451,100.
Malabar at a glance
- Population
- 3,066
- Median age
- 53.1State: 42.6
- Median household income
- $128,698State: $74,568
- Median home value
- $451,100State: $359,000
- Homeowners
- 98.8%
- Bachelor's degree or higher
- 40.1%
- Average commute
- 26 min
Is Malabar a good place to live?
Pros: Median household income 73% higher than the Florida median; an average commute of 26 minutes; unemployment of 0%; a poverty rate of 3%.
Cons: Home values 26% higher than the state median.
The weather is best in February to April and November.
Cost of living in Malabar
Housing is the biggest part of the cost of living. In Malabar the median home value is $451,100, 36% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,316 a month in housing costs.
Malabar median household income
The median household income in Malabar is $128,698 and the income per person is $62,511. 3% of residents live below the poverty line (Florida: 12.6%).
Housing in Malabar: homes for sale and rent
- Housing units
- 1,286
- Owner-occupied
- 98.8%
- Renter-occupied
- 1.2%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.52
Malabar demographics
- Population
- 3,066
- Median age
- 53.1
- Under 18
- 15.2%
- 65 and older
- 19.2%
- Households
- 1,215
- Foreign-born
- 8.1%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Malabar ›
Education in Malabar
40.1% of adults 25 and older in Malabar have a bachelor's degree or higher (Florida: 34.1%), and 24.4% have a graduate or professional degree.
Jobs and commute in Malabar
- Unemployment rate
- 0%State: 4.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 16%
- Drive alone
- 75.6%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 94.4%
Malabar vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Malabar | 3,066 | $128,698 | $451,100 | — |
| Grant-Valkaria | 4,921 | $119,583 | $550,400 | — |
| Palm Bay | 130,132 | $72,614 | $283,200 | $1,601 |
| Melbourne Beach | 3,250 | $102,857 | $708,400 | $1,307 |
| West Melbourne | 28,795 | $92,986 | $377,100 | $1,845 |
| Indialantic | 3,065 | $104,184 | $604,200 | $1,554 |
| Melbourne Village | 778 | $100,000 | $385,000 | $1,473 |
| June Park | 4,255 | $88,243 | $411,200 | $1,755 |
| Melbourne | 86,576 | $66,991 | $306,400 | $1,525 |
More for people moving to Malabar
Malabar ZIP code ›Weather and climate ›Living in Malabar: FAQ
What is the median household income in Malabar, FL?
The median household income in Malabar is $128,698, 73% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Malabar?
The median home value in Malabar is $451,100, compared with $359,000 in Florida.
Is Malabar, FL a good place to live?
Pluses: median household income 73% higher than the Florida median; an average commute of 26 minutes; unemployment of 0%; a poverty rate of 3%. Minuses: home values 26% higher than the state median.
What is the median age in Malabar?
The median age in Malabar is 53.1 years (Florida: 42.6).
How long is the commute in Malabar?
The average commute to work in Malabar is 26 minutes; 16% of workers work from home.
What is the unemployment rate in Malabar?
The unemployment rate in Malabar is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Malabar?
40.1% of adults in Malabar have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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