Pros and Cons of Living In Melbourne, Florida. Is Melbourne, FL a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Melbourne, Florida

Moving to Melbourne In Florida ? Is Melbourne, FL a Nice Place To Live? Pros and Cons of Living in Melbourne, Florida. Find out the best and worst about to live, raise a family or retire in Melbourne.

Melbourne ( MEL-bərn) is a city in Brevard County, Florida, United States. It is located 72 miles (116 km) southeast of Orlando along Florida's Space Coast, named because of the region's proximity to Cape Canaveral and the Kennedy Space Center. The city had a population of 84,678 at the 2020 census. Melbourne is a principal city of the Palm Bay–Melbourne–Titusville Metropolitan Statistical Area. Downtown Melbourne and most of the city lies inland of the Indian River Lagoon, with a small part extending over to the barrier island.

DEMOGRAPHICS

Population
82281
Unemployment
3.6%
23% NAT AVG.
Poverty
15.4%
10% NAT AVG.
Cost Of Living
93
7% NAT AVG.

ECONOMICS

Median Home Cost
$186000
19% NAT AVG.
Median Income
$51934
23% NAT AVG.
Median Rent
$1087
6% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
3288
67% NAT. AVG.
82% STATE AVG.
Violent Crime
757
133% NAT. AVG.
135% STATE AVG.
Property Crime
2531
54% NAT. AVG.
71% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 28
People Earning < $10,000
1 in 20
People Earning < $50,000
48.3%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity Melbourne USA
White 70.8% 60.1%
African American 8.9% 12.2%
American Indian 0.2% 0.6%
Asian 4.1% 5.6%
Hawaiian 0.2% 0.2%
Multiracial 3.4% 2.8%
Hispanic 11.7% 18.2%
Other 0.7% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Melbourne USA
Less than $10,000 5.1% 5.8%
$10,000 to $14,999 7.6% 4.1%
$15,000 to $24,999 11.6% 8.5%
$25,000 to $34,999 9.5% 8.6%
$35,000 to $49,999 14.5% 12.0%
$50,000 to $74,999 19.8% 17.2%
$75,000 to $99,999 11.8% 12.8%
$100,000 to $149,999 12.8% 15.6%
$150,000 to $199,999 3.3% 7.1%

EDUCATION

Education Melbourne USA
< 9th Grade 3% 5.0%
9-12th Grade 6% 7.0%
High School or GED 28% 27.0%
Other College 21% 20.0%
Associate's Degree 12% 9%
Bachelor's Degree 20% 20.0%
Master's Degree 8% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Melbourne is a city in Florida state in USA with a population of 82281 residents.. The poverty rate of Melbourne is 15.4%, which is 10% higher than national average. The typical household in Melbourne earns $51934 a year, compared to the national median of $67,500. Nearly 48.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Melbourne remained 3.6%, which is 23% lower than national rate.

Cost of living in Melbourne is 93, which is 7% lower than national average. In Melbourne, only 30% of adults have a bachelor's degree and 33% have some college but no degree. Median home value in Melbourne is $186000 , which is 19% lower than national average. While median income in Melbourne remained $51934, which is 23% lower than national average.
Melbourne Scorecard

Jobs80%

Housing80%

Affordability50%

Safety30%

Amenities90%

Diversity85%

Education80%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS