Melbourne, a city located in the state of Florida (FL), is home to a population of approximately 84,982 people. Melbourne boasts a median age of 42.4, with around 28.7% of its residents aged 60 or above. 12.6% of the population identifies as US Veterans. 16.5% of Melbourne residents are disabled. The city has an average household income of $60,917, while the unemployment rate stands at 4.6%, and around 15.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Melbourne is $248,162, with a monthly rent averaging $1,303.