Real Estate Market Update for 32940 (Melbourne, FL)
Map Information for 32940 (Melbourne, FL)
Area Information for 32940 (Melbourne, FL)
  • Population: 32,015
  • Median Age: 47.52 yr
  • Median Commute Time: 22.36 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 246/sq mi
  • Population Change Since 2000: 63.69%
  • Closest Airport: Melbourne International
  • Closest College: Everest University-melbourne Campus
  • Closest Jr. College: Brevard Community College-melbourne
  • Median Household Income: $75,404
  • Annual Residential Turnover: 17.84%
  • Median Years in Residence: 3.74 yr
  • Median Home Sales Price: $176,000
  • Closest Major Sports Team: Tampa Bay Lighting
  • Change Avg. Household Income Since 2000: 27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 32940 (Melbourne, FL)
Median Age: 47.52 Married: 45% Number of Households: 14,150 Households with Children: 3,849
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 32940 (Melbourne, FL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Suntree Elementary School 1.4 mi Public K-6 5 5
      Quest Elementary School 1.8 mi Public PRESCHOOL-6 5 4
      Brevard Jewish Community School 1.9 mi Private PRESCHOOL-6 0 4
      Holy Trinity Episcopal Academy 2.4 mi Private PRESCHOOL-12 0 4
      Suntree Montessori 2.6 mi Private PRESCHOOL-K 0 0
      Faith Fellowship Academy 2.8 mi Private PRESCHOOL-K 0 5
      Viera High School 3.0 mi Public 9-12 4-5 4
      Brevard Virtual Instruction Program 3.0 mi Public K-12 4 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 32940 (Melbourne, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.