Florida · Census place 44075
Melbourne Village town, FL
Quick answer
Melbourne Village town has 753 residents, ranking #820 of 955 places in Florida. Median household income is $93,846, the median home is worth $348,600 and median gross rent runs $1,167 a month.
- Population
- 753Melbourne Village town residents
- Median household income
- $93,846Past 12 months, inflation adjusted
- Median home value
- $348,600Owner-occupied units
- Median gross rent
- $1,167Rent plus utilities, monthly
- Median age
- 59.5 yrsAll residents
- Homeownership rate
- 91.1%Owner-occupied households
What the numbers mean in Melbourne Village town
Housing cost measured against local earnings.
A household earning the Melbourne Village town median would spend about 14.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 91.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
Keep going
More Florida coverage.