High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
This area did not exhibit any cons, as none of the categories were rated low enough.
Located in the state of Florida, Melbourne is a medium-sized city with a population of 82,281 residents. At 79%, the majority of the Melbourne population is White; this is followed by 9% Black and 4% Asian. All the single ladies and all the single fellas might want to take notice as only 50% of the Melbourne population is married.
Are you trying to figure out if living in Melbourne is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Florida, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Melbourne and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
Using data and statistics Melbourne has received a livability score of 81/100. This score is ranked in the 96th percentile when compared to all other cities. Compared to the United States average, Melbourne ranks among some of the best places to live in the country! Melbourne has also earned the rare honor of ranking in the top 10 percentile among all cities. If we probe a little deeper into each category within the livability score, we see that Melbourne has higher than average grades for the following: cost of living (A+), education (B-) and housing (A+). Melbourne does not do well for the following: crime (F). It might be a smart idea to take a closer look at each category to find out why.
When contemplating a move, job prospects often top the list of priorities. In Melbourne, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.08% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Melbourne market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Melbourne real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Melbourne. The median home price for Melbourne homes is $186,000, which is 11.5% higher than the Florida average. If we take a closer look at the affordability of homes in Melbourne, we’ll see that the home price to income ratio is 3.6, which is 5.9% higher than the Florida average.
Statistic | Melbourne | Florida | National |
Average one way commute | 22min | 27min | 26min |
Workers who drive to work | 77.6% | 79.5% | 76.4% |
Workers who carpool | 8.9% | 9.3% | 9.3% |
Workers who take public transit | 1.5% | 2.1% | 5.1% |
Workers who bicycle | 0.7% | 0.7% | 0.6% |
Workers who walk | 2.2% | 1.5% | 2.8% |
Working from home | 7.4% | 5.4% | 4.6% |