West Melbourne is a moderately-sized city located in the state of Florida. The city has a population of 20,207 people. If we look at the most recent Census, West Melbourne is known to have a predominantly White population. The next two most common races are Asian and Black. If you are looking for a family friendly city, West Melbourne might be a good fit as 73% of the population over 15 years old are married, and 60% have kids who are 18 years old or younger.
Are you trying to figure out if living in West Melbourne is the right fit for your lifestyle? To ensure a positive 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. With useful information like amenities, crime, employment and other key data points, finding the best places to live in West Melbourne and in the areas around West Melbourne is a much easier task.
West Melbourne, FL receives 83 out of 100 for its livability score; this results in a ranking of #77 in Florida and #714 in the USA. Clearly, West Melbourne is doing something right, as this score ranks well above the average of most cities. The cherry on top is that West Melbourne also ranks in the top 10 percent of all cities. For each of the livability categories, we can establish that West Melbourne ranks very well for amenities (A+), crime (B), weather (A) and housing (B+).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., West Melbourne has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. West Melbourne has a violent crime rate of 193 crimes per 100,000 residents which is far lower than the national average.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their West Melbourne apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.
West 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 West Melbourne. The median home price for West Melbourne homes is $173,900, which is 4.3% higher than the Florida average. If we take a closer look at the affordability of homes in West Melbourne, we’ll see that the home price to income ratio is 2.9, which is 14.7% lower than the Florida average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in West Melbourne will offer some insight into determining if your home purchase will be a solid investment for years to come. In West Melbourne, the year-over-year appreciation rates were 7.2%, and the 5 year appreciation rates came in at 9.2%.
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