Melbourne, FL 32940 has a population of approximately 38,683 and experiences a population change rate of 102.71%. The population density is 297.1 / sq mi .
Melbourne, FL 32940 has a population of approximately 38,683 and experiences a population change rate of 102.71%. The population density is 297.1 / sq mi .
The median household income for Melbourne, FL 32940 is $86,347, with 18,599 households and an average household size of 2.41.
The median value of a home in Melbourne, FL 32940 is $450,400 with an appreciation rate of 26.80%. 77.09% of housing in the state is owned while 15.19% is rented.
The cost of living in Melbourne, FL 32940 is 113.8 %.
The unemployment rate in Melbourne, FL 32940 is 2.40%, and recent job growth is at 2.04%. Future job growth is projected at 50.62%.
The sales tax rate in Melbourne, FL 32940 is 7.00%, while the income tax rate is 0.00% .
School expenditures in Melbourne, FL 32940 are $10,715, and the school ratio is 16.4:1.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 48.7 degrees. The average rainfall is approximately 53.3 inches per year, with 0 inches of snow per year.