Zip Code
32940
City
Melbourne, FL
Population & Migration
What is the forecasted population for Zip code 32940 Melbourne, FL?
- Population census 2020
- 43,046
- Forecasted population 2025
- 48,813
- 13.4% vs. 2020
- Forecasted population 2030
- 53,978
- 25.4% vs. 2020
Zip code 32940 Melbourne, FL population is forecasted to grow 13.4% by 2025 (8.7 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 48,813 people for 2025 zip code 32940 Melbourne, FL will generate a good demand for housing, which is expected to have a deficit of 4,877 houses for 2030. Vacancy rate is 2.4 points below national US average.
- Total homes available 2020
- 19,205
- Estimated total home demand in 2030
- 24,082
- Total homes balance inventory
- 4,877
Average Household Income in zip code 32940 Melbourne, FL
from Internal Revenue Service
- Average household income in 2021
- $116,129
Affordability
- Affordability Index
- 4
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 32940 Melbourne, FL?
County total number of drinking water violations
356
+52%
234
County total number of drinking water contaminations
37
+61%
23
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