Area Insights of 32935, Melbourne, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 145 homes were sold with 72 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

32935, Melbourne, FL

Date

05-17-2023

Price Ratio

98%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Ascension Catholic School

KG to 8

Middle School

L. B. Johnson Middle School

7 to 8

Ratings

C+

High School

South Area Alternative Learning Center

6 to 12

Ratings

F

West Shore Junior/Senior High School

7 to 12

Ratings

A+

Eau Gallie High School

9 to 12

Ratings

C-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 11% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (41,769)
20,287 Male
21,482 Female
Education
28% High School
13% Associate
18% Bachelor
9% Graduate
Age

Average Age is 42 Years

Household Details

The area's household landscape is diverse, with 64% owner-occupied homes and 36% renter-occupied properties. Family households represent 56% of the population, indicating a strong community focus on family living. The average home value stands at $299,030, which suggests ample demand for multi-bedroom properties.

Total Households
19,169
Average home value
$299,030
Owned
64%
Rented
36%
Vacant
7%
Families
56%
Married
38%
With children
25%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 3% Asian, 7% Black, and 1% Native residents, alongside 73% White and 13% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 22% of households earning over $100,000 annually, while 37% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
12%
Professional
8%
Education
5%
Services
27%
Labor
23%
Retail
14%
Other
7%
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