West Melbourne, Florida Median Income

West Melbourne, Florida has a population of 23,000, with a median household income of $65,231.

Current median income data for West Melbourne.

$65,231

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Population

23,000

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Median Income

$65,231

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Unemployment

4.80%

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Housing Price

$412,563

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Crime Rate

2.30

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Internet Speed

240.00 Mbps

West Melbourne is a small local community located in Florida. The city has a population that is above the average city population in Florida, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Florida, West Melbourne provides insight into regional population trends, income levels, and housing conditions.

Population Overview

West Melbourne has a population of 23,000, which is higher than the state average. This indicates a relatively larger urban presence within Florida.

Income and Economy

The median household income in West Melbourne is $65,231, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in West Melbourne is about $412,563, making it relatively affordable compared to many cities in Florida.

Employment and Safety

The unemployment rate in West Melbourne is 4.80%, which is lower than the state average, indicating a relatively strong job market. West Melbourne has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Florida, West Melbourne shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Florida, West Melbourne contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about West Melbourne

What is the population of West Melbourne?

The population of West Melbourne is approximately 23,000.

Is West Melbourne a good place to live?

West Melbourne offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in West Melbourne?

The median household income in West Melbourne is around $65,231.

How expensive is housing in West Melbourne?

The average housing price in West Melbourne is approximately $412,563.