MelbourneFlorida

Melbourne Population Demographics

According to US population projections for 2022, the estimated population of Melbourne is 85,091. 21.87% is under 18, while 21.63% is over 65.

A closer look at the age demography reveals that 5.52% of the population was five years old or younger, 21.87% were 18 years or younger and 36.44% were aged 65 years and over. The gender split in the state was nearly even, with 50.62% female and 49.38% male.

Melbourne Housing

According to the US Census, Melbourne has 40,160 housing units. The average owner-occupied housing unit rate in Melbourne was 91.26%. At the same time, the city's median value of owner-occupied homes was $234,400

Melbourne Racial Demographics

In 2020, the US Census estimated that White Alone and Black Or African American Alone constitute 81.22% of Melbourne's population. Residents of the city who were Some Other Race Alone, made up 4.15% of the total population.

Other racial groups include Asian Alone, constituting 3.67% of the city's population and White Black Or African American at 1.50%

How Educated is Melbourne

According to Census estimates, in 2021, 22.9% of Melbourne residents had a bachelor's degree, while 9.1% had a graduate or professional degree.

Overall, 32.00% of residents have a bachelor's degree or higher.

Average Income in Melbourne

The median household income in Melbourne is $57,132. This figure is significantly (approximately 0.00%) less than the state average of $57,132.

Estimates by family type revealed that families earned an average of $67,245 per year, while married-couple families earned an average of $79,636.

A closer examination of the income groups of Melbourne households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $100,000 and $149,999 (15.0%) and those with incomes exceeding $200,000 (3.4%). 5.4% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family