Cost of Living in West Melbourne, FL
Population: 27,643 • 2026 Data
$90,521
Median Household Income
+17% vs national
$1,801
Median Monthly Rent
+34% vs national
$341,500
Median Home Value
+1% vs national
4.6%
Unemployment Rate
Housing in West Melbourne
The median home value in West Melbourne, FL is $341,500. Monthly rent for a typical unit averages $1,801, while total monthly housing costs (including utilities and insurance) average $1,528.
Rent-to-income ratio: 23.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in West Melbourne, FL is $90,521. The unemployment rate stands at 4.6%, with a labor force of 13,792 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.