32940 ZIP Code – Melbourne, Florida

ZIP code 32940 is a large ZIP code located in Melbourne, Florida, within Brevard County with a population of approximately 47,030 residents. The median household income of $100,792 is above the Florida average and above the national average. Median home values of $395,000 are well above the national average, with 84.2% owner-occupied housing (increasing). . Median rent is $1,796, which is well above the U.S. average. Housing consists of 84% single-family (decreasing), 13% apartments (increasing).

At 4.2%, the unemployment rate is below the national figure. An estimated 3.5% of the population falls below the poverty line, well below the national figure. An estimated 51.6% of adults hold a bachelor's degree or higher, well above the national average. Residents have a median age of 48.1, near the U.S. median. The surrounding area includes ZIP codes 32955, 32934, 32935.

ZIP Code 32940 Data

Population 47,030
Median Household Income $100,792
Median Home Value $395,000
Median Rent $1,796
Median Age 48.1
Unemployment Rate 4.2%
Poverty Rate 3.5%
Bachelor's Degree or Higher 51.6%
State Florida

ZIP 32940 vs. Florida vs. U.S.

MetricZIP 32940FL Avg.U.S. Avg.
Population47k21k10k
Median Household Income$100k$70k$73k
Median Home Value$395k$307k$258k
Median Rent$1,796$1,414$1,088
Median Age48.145.143.2
Unemployment Rate4.2%4.7%5.0%
Poverty Rate3.5%13.4%13.3%
Bachelor's Degree or Higher51.6%30.6%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
32955 ROCKLEDGE 39,745 $82,969
32934 MELBOURNE 18,030 $99,758
32935 MELBOURNE 41,342 $61,069
32925 PATRICK AIR FORCE BASE 1,606 $76,667
32952 MERRITT ISLAND 20,666 $87,148