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Melbourne Beach, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,250
Population
$102,857
Median Income
$708,400
Home Value
56.4
Median Age

Demographics

Melbourne Beach has a population of 3,250 with a median age of 56.4. Here is the racial and ethnic breakdown of the population:

White
88.5%
Hispanic
7.8%
Other
2.1%
Asian
1.6%
Demographic Value
Total Population3,250
Median Age56.4
White88.5%
Asian1.6%
Hispanic or Latino7.8%
Other / Two or More Races2.1%
Melbourne Beach, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 88.5%Hispanic/Latino: 7.8%Other: 2.1%Other: 1.6%3,250PopulationWhiteWhite88.5%Hispanic/LatinoHispanic/Latino7.8%OtherOther2.1%OtherOther1.6%

Income & Economy

The median household income in Melbourne Beach is $102,857, which is 27.6% above the national median of $80,610. The per capita income is $72,613. The poverty rate is 7.1%.

$102,857
Median Household Income
$72,613
Per Capita Income
7.1%
Poverty Rate

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Education

In Melbourne Beach, 97.9% of residents age 25+ have a high school diploma or higher, and 69.5% hold a bachelor's degree or higher (32.8% with a graduate or professional degree).

HS Diploma+
97.9%
Bachelor's+
69.5%
Graduate+
32.8%
Education Level % of Adults (25+)
High School Diploma or Higher97.9%
Bachelor's Degree or Higher69.5%
Graduate or Professional Degree32.8%

Housing

The median home value in Melbourne Beach is $708,400, above the national median of $303,400. The median monthly rent is $1,307. The homeownership rate is 82.4%.

$708,400
Median Home Value
$1,307/mo
Median Rent
82.4%
Homeownership Rate
Housing Metric Value
Median Home Value$708,400
Median Monthly Rent$1,307
Homeownership Rate82.4%
Vacancy Rate16.4%

Salaries in Florida

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Frequently Asked Questions

What is the population of Melbourne Beach, Florida?
The population of Melbourne Beach, Florida is 3,250 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Melbourne Beach, Florida?
The median household income in Melbourne Beach, Florida is $102,857. This is 27.6% above the national median of $80,610.
What is the median home value in Melbourne Beach, Florida?
The median home value in Melbourne Beach, Florida is $708,400. The median monthly rent is $1,307.
What percentage of people in Melbourne Beach have a college degree?
In Melbourne Beach, Florida, 69.5% of adults age 25 and older hold a bachelor's degree or higher, and 97.9% have a high school diploma or higher.
Is Melbourne Beach, Florida an affordable place to live?
The home price-to-income ratio in Melbourne Beach, Florida is 6.9x (median home value $708,400 vs. median income $102,857), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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