Melbourne, FL (32901) is a desirable destination for many due to its close proximity to beaches, theme parks and other popular attractions. The cost of living in Melbourne is quite reasonable with the average 2 bedroom rent costing $1,400 compared to the national average of $1,430. Groceries are also relatively inexpensive with a grocery cost index only 1 point lower than the nation’s at 99. There are many local businesses that contribute to the city's economy such as Harris Corporation, Kaydon Corporation and Health First. With its low-cost living arrangements and numerous job opportunities offered by local employers, Melbourne is an attractive place for those looking for stability and comfort.
Melbourne (zip 32901) has an unemployment rate of 4.7%. The US average is 6.0%.
Melbourne (zip 32901) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Melbourne (zip 32901)
- The Sales Tax Rate for Melbourne (zip 32901) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Melbourne (zip 32901) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Melbourne (zip 32901)
- The average income of a Melbourne (zip 32901) resident is $19,848 a year. The US average is $28,555 a year.
- The Median household income of a Melbourne (zip 32901) resident is $41,890 a year. The US average is $69,021 a year.