Is Melbourne Village, FL a Good Place to Live?
Melbourne Village is a small town of 785 in Florida, with a median household income of $92,292 and a 5.3% unemployment rate. Its cost of living index is 101 (US average = 100), which is 1% above the national average.
Strengths: Melbourne Village stands out for a well-educated population, short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Melbourne Village is right for you depends on your priorities — the full breakdown is below.
All Melbourne Village city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 100.8Melbourne Village's overall cost of living index is 100.8, where 100 represents the US national average. Living in Melbourne Village costs roughly 1% more than the average American city.
| Metric | Melbourne Village, FL | National Avg |
|---|---|---|
| Median Home Value | $331,100 | $244,900 |
| Median Monthly Rent | $1,089 | $1,163 |
| Homeownership Rate | 92.9% | 65.9% |
| Median Household Income | $92,292 | $74,755 |
Crime & Safety
Very SafeMelbourne Village's violent crime rate is 170.6 per 100,000 residents — 55% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Melbourne Village, FL | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 54.0% | 35.4% |
| High School Diploma or Higher | 94.2% | 91.1% |
Weather & Climate
Melbourne Village sees average highs of 72.2°F in January and 90.9°F in July, with 55.3 inches of annual precipitation .
| Metric | Melbourne Village, FL |
|---|---|
| Average High — January | 72.2°F |
| Average High — July | 90.9°F |
| Annual Precipitation | 55.3" |
| Annual Snowfall | Trace / None |
Demographics
| Metric | Melbourne Village, FL | National Avg |
|---|---|---|
| Population | 785 | — |
| Median Age | 58.5 | 38.9 |
| Unemployment Rate | 5.3% | 3.7% |
| Avg Commute Time | 23.0 min | 26 min |
| White (non-Hispanic) | 84.6% | 59.3% |
| Black or African American | 2.8% | 13.6% |
| Hispanic or Latino | 8.7% | 18.9% |
| Asian | 1.3% | 6.3% |
| Under 18 | 12.1% | 22.2% |
| 65 and over | 39.2% | 16.8% |