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Melbourne Florida Real Estate By Jennifer Hershey

Melbourne Florida Real Estate

Melbourne, Florida, is located in Brevard County, of , and 165 miles S of Jacksonville, Florida. Melbourne has a population of 71,382.

Melbourne Homes

Melbourne properties pool is 30,796 residential properties including Melbourne new homes. Median age of real estate in Melbourne is 1979. Average Household size is 2.82 people. 4% are one bedroom homes, 21% are 2 bedroom homes, 56% are 3 bedroom homes, 17% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Melbourne Mortgage Statistics

Melbourne mortgages vs. USA median statistics

Homes Melbourne USA
Homes With No Mortgage 30%
30%
Homes With Mortgage 70%
70%
First Mortgage Only 56%
54%
First & Second Mortgage or HELOC 14%
16%

Melbourne Area Real Estate Tax

Melbourne Real estate Tax: Median Real Estate Taxes (2000) were $813 comparing to 1999 Median Family income $ 42,760. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Melbourne School District: Children make up 20.7% of Melbourne population. Melbourne has 14,756 under 18 years old residents, or 0.46 kids per one worker, or 0.48 kids per one household.

Melbourne Real Estate & Melbourne Homeownership

There are 10162.68 or 33% one person households, 11086.56 or 36% two person households, and 4619.4 or 15% three person households in Melbourne, Florida. Median residents age is 39.8, Senior citizens (65+) make up 14,080 or 19.7%% of Melbourne population.

There are 32,126 workers (over 16 years of age) in Melbourne. Of these, 94.26% drive to work. Approximately 0.31% of workers in Melbourne take public transportation. An estimated 1.9% walk to work.

Median Melbourne homeowner's housing expences are 18.2%

Crime in Melbourne (2003), crimes per 10,000 residents per year

Type of Crime Melbourne USA, 2003
Violent Crimes
83.07
47.5
Robberies
17.09
14.2
Aggravated Assaults
61.08
29.5
Property Crimes
508.25
358.8
Burglaries
123.42
74.0
Larceny-Thefts
348.83
241.5
Motor Vehicle Thefts
36
43.3

Invest in Melbourne Properties

When making a decision about buying real estate in Melbourne Florida area, you should consider following statistical data:

Category Melbourne USA
Near Medium City
-
Near Large City
Jacksonville, Florida
-
Melbourne Zip Codes
32901, 32903, 32904, 32905, 32907, 32908, 32909, 32934, 32935, 32937, 32940, 32951
-
Melbourne Area Codes
321
-
White population
84.53%
75.1%
African-American population
9.33%
12.3%
Asian
2.32%
3.6%
American Indian & Alaskan
0.34%
0.9%
Hispanic (of any race)
5.54%
12.5%
Median Family Income (1999)
$ 42,760%
$42,000
Population Below Poverty Level
10.99%
12.4%

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