Is Melbourne, Florida a Good Place To Live? - Living In Melbourne, FL

Is Melbourne, Florida a good place to live?
Melbourne is a city in Florida state in USA with a population of 82281 residents.. The poverty rate of Melbourne is 15.4%, which is 10% higher than national average. The typical household in Melbourne earns $51934 a year, compared to the national median of $67,500. Nearly 48.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Melbourne, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Melbourne remained 3.6%, which is 23% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Melbourne, only 30% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Melbourne is 93, which is 7% lower than national average. Median home value in Melbourne is $186000 , which is 19% lower than national average. While median income in Melbourne remained $51934, which is 23% lower than national average.
Population
82281
Unemployment
3.6%
23% NAT AVG.
Poverty
15.4%
10% NAT AVG.
Overall Score
6
Median Home Cost
$186000
19% NAT AVG.
Median Income
$51934
23% NAT AVG.
Median Rent
$1087
6% NAT AVG.
Cost Of Living
93
7% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 28
People Earning < $10,000
1 in 20
People Earning < $50,000
48.3%
People with <= High School
1 in 2.7
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs80%

Housing80%

Affordability50%

Safety30%

Amenities90%

Diversity85%

Education80%

Commute80%