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Economy in Melbourne, Florida

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMelbourne, FLUnited States
Unemployment Rate9.80%9.10%
Recent Job Growth-1.34%-0.12%
Future Job Growth27.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes0.00%6.25%
Income per Cap.$24,400$27,067
Household Income$42,360$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.13%12.10%
Income between 15K and 25K13.57%10.18%
Income between 25K and 35K13.24%10.56%
Income between 35K and 50K18.01%14.98%
Income between 50K and 75K19.76%19.53%
Income between 75K and 100K9.28%12.52%
Income between 100K and 150K7.97%12.14%
Income between 150K and 250K2.30%3.91%
Income between 250K and 500K1.46%3.34%
Income greater than 500K0.27%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.29%13.81%
Professional and Related Occupations23.94%22.68%
Service17.78%14.51%
Sales and Office27.68%25.22%
Farming, Fishing, and Forestry0.25%0.68%
Construction, Extraction, and Maintenance10.05%9.37%
Production, Transportation, and Material Moving13.54%15.86%
Median Household Income

The unemployment rate in Melbourne, FL, is 9.80%, with job growth of -1.34%. Future job growth over the next ten years is predicted to be 27.52%.

Melbourne, FL Taxes

Melbourne, FL,sales tax rate is 6.00%. Income tax is 0.00%.

Melbourne, FL Income and Salaries

The income per capita is $24,400, which includes all adults and children. The median household income is $42,360.


Melbourne Economy SperlingViews

Local Economy: Economy has been depressed for some time and it looks like turnaround will be slow. Small and medium businesses are hardest hit while local defense contractors seem to... (read more)day dreaming: Area unemployement is over 10% but prpoerty owners still think they are in... (read more)Great place to live !: Once you live here for awhile , it's a great Place. Robust economy , lots of Jobs. Clean , low crime and great Housing. Lots of Friendly Folks , Good Roads and Great... (read more)Have an opinion about Melbourne? Leave a commentTo See All SperlingViews for Melbourne Click Here