Melbourne Beach, FL (32951) is an idyllic coastal town located in Brevard County on the Space Coast of Florida. The price of a two-bedroom rent in Melbourne Beach is $1,930, which is slightly higher than the US 2 bedroom rent of $1,430. Grocery cost index in Melbourne Beach is also higher than the US at 107 versus 100 respectively. Major employers based in or providing services to Melbourne Beach include Embraer Aircraft Holding Inc., Harris Corporation and Northrop Grumman Aerospace Systems. In addition to these larger employers there are several small businesses located throughout the town including Irie Surf Shop, Joes 2nd Street Bistro and Caribbean Jack's Restaurant & Brewery.
Melbourne Beach (zip 32951) has an unemployment rate of 4.5%. The US average is 6.0%.
Melbourne Beach (zip 32951) 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 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Melbourne Beach (zip 32951)
- The Sales Tax Rate for Melbourne Beach (zip 32951) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Melbourne Beach (zip 32951) 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 Beach (zip 32951)
- The average income of a Melbourne Beach (zip 32951) resident is $41,520 a year. The US average is $28,555 a year.
- The Median household income of a Melbourne Beach (zip 32951) resident is $75,094 a year. The US average is $69,021 a year.