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Melbourne · Brevard County · FL
Population
49,288
Median household income
$106,511
Median home value
$444,100
Homeownership rate
84.3%
Housing tenure
Owner-occupied 84.3% · Renter-occupied 15.7%
84.3% own
Benchmarks use Census ACS data across 28 ZIP codes in Brevard County.
Median home value
46% above the county averageMedian household income
37% above the county averageHomeownership rate
9% above the county averageSee how ZIP 32940 stacks up against neighboring areas by median home value and income.
Source: U.S. Census Bureau ACS 5-year estimates · Data as of Sep 2026
Population
47,080
Median household income
$107,021
Median home value
$529,349
Median age
48
Households
20,132
Owner occupied
84.4%
Renter occupied
15.6%
Typical year built
2000
High school
15.5%
Associate degree
11.0%
Bachelor's degree
28.3%
Graduate degree
25.8%
Homes sold (12 mo.)
1,304
Median sale price
$500,000
Median $/sq ft
$226/sq ft
SUNTREE ELEMENTARY SCHOOL
Elementary · 1.1 mi
DEVEREUX HOSPITAL
Elementary · 1.4 mi
QUEST ELEMENTARY SCHOOL
Elementary · 1.6 mi
PINECREST ACADEMY SPACE COAST
Elementary · 2.3 mi
VIERA ELEMENTARY SCHOOL
Elementary · 2.4 mi
Current MLS market statistics for active listings in this area.
| Active listings | 33 |
|---|---|
| New listings last 30 days | 5 |
| Median list price | $500,570 |
| Median price per sq ft | $263 |
| List price range | $350,944 - $774,800 |
| Median bedrooms | 3 |
| Median bathrooms | 2 |
| Median living area | 1,655 sq ft |
| Typical HOA fees | $355 – $475 / month |