Living in Melbourne Beach, Florida
Cost of living, income, home prices, rent and demographics of Melbourne Beach · Census data 2020–2024
Melbourne Beach has 3,250 residents with a median age of 56.4. The median household income is $102,857 (38% higher than the Florida median), the median home value is $708,400, the median rent is $1,307/month.
Melbourne Beach at a glance
- Population
- 3,250
- Median age
- 56.4State: 42.6
- Median household income
- $102,857State: $74,568
- Median home value
- $708,400State: $359,000
- Median rent
- $1,307/moState: $1,669
- Homeowners
- 82.4%
- Bachelor's degree or higher
- 69.5%
- Average commute
- 26 min
Is Melbourne Beach a good place to live?
Pros: Median household income 38% higher than the Florida median; an average commute of 26 minutes; unemployment of 3.1%; a poverty rate of 7.1%.
Cons: Home values 97% higher than the state median.
The weather is best in March–April and November–December.
Cost of living in Melbourne Beach
Housing is the biggest part of the cost of living. In Melbourne Beach the median home value is $708,400, 113% higher than the U.S. median. Renters pay a median of $1,307 per month, which is 33.8% of household income. Homeowners with a mortgage pay $2,812 a month in housing costs.
Melbourne Beach median household income
The median household income in Melbourne Beach is $102,857 and the income per person is $72,613. 7.1% of residents live below the poverty line (Florida: 12.6%).
Housing in Melbourne Beach: homes for sale and rent
- Housing units
- 1,809
- Owner-occupied
- 82.4%
- Renter-occupied
- 17.6%
- Vacant
- 16.4%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.15
Melbourne Beach demographics
- Population
- 3,250
- Median age
- 56.4
- Under 18
- 15%
- 65 and older
- 30.3%
- Households
- 1,512
- Foreign-born
- 5.2%
- Veterans
- 11%Adults 18+
Hispanic or Latino can be of any race. Population history of Melbourne Beach ›
Education in Melbourne Beach
69.5% of adults 25 and older in Melbourne Beach have a bachelor's degree or higher (Florida: 34.1%), and 32.8% have a graduate or professional degree.
Jobs and commute in Melbourne Beach
- Unemployment rate
- 3.1%State: 4.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 31.3%
- Drive alone
- 60.1%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 93%
Melbourne Beach vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Melbourne Beach | 3,250 | $102,857 | $708,400 | $1,307 |
| Indialantic | 3,065 | $104,184 | $604,200 | $1,554 |
| Malabar | 3,066 | $128,698 | $451,100 | — |
| West Melbourne | 28,795 | $92,986 | $377,100 | $1,845 |
| Melbourne Village | 778 | $100,000 | $385,000 | $1,473 |
| Indian Harbour Beach | 9,025 | $97,254 | $440,200 | $1,827 |
| Melbourne | 86,576 | $66,991 | $306,400 | $1,525 |
| June Park | 4,255 | $88,243 | $411,200 | $1,755 |
| Satellite Beach | 11,313 | $119,134 | $502,500 | $1,909 |
More for people moving to Melbourne Beach
Melbourne Beach ZIP code ›Weather and climate ›Living in Melbourne Beach: FAQ
What is the median household income in Melbourne Beach, FL?
The median household income in Melbourne Beach is $102,857, 38% 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 Melbourne Beach?
The median home value in Melbourne Beach is $708,400, compared with $359,000 in Florida.
How much is rent in Melbourne Beach?
The median gross rent in Melbourne Beach is $1,307 per month, about 33.8% of household income.
Is Melbourne Beach, FL a good place to live?
Pluses: median household income 38% higher than the Florida median; an average commute of 26 minutes; unemployment of 3.1%; a poverty rate of 7.1%. Minuses: home values 97% higher than the state median.
What is the median age in Melbourne Beach?
The median age in Melbourne Beach is 56.4 years (Florida: 42.6).
How long is the commute in Melbourne Beach?
The average commute to work in Melbourne Beach is 26 minutes; 31.3% of workers work from home.
What is the unemployment rate in Melbourne Beach?
The unemployment rate in Melbourne Beach is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Melbourne Beach?
69.5% of adults in Melbourne Beach 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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