32940 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 32940 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateFlorida
CityMelbourne
Time ZoneAmerica/New_York
Geo Location28.21129, -80.78752
Population45050
Size336.829 square miles
Median Family Income$115508.00
Median Home Value$335400.00

Population & Demographics

The following information lists the population statistics and breakdown for the 32940 zip code. The total population is 45050, of which, 21591 are male and 23459 are female. With a total area of 336.829 square miles, the population density is 125.2 people per square mile. The median age of the population is 48.1 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201131605
201232363
201333752
201435093
201535293
201636475
201738683
201839396
201942171
202043046
202145050

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 19064.2%
Age 5-923805.3%
Age 10-1433447.4%
Age 15-1922455%
Age 20-2417293.8
Age 25-2919364.3%
Age 30-3420694.6%
Age 35-3922495%
Age 40-443033 6.7%
Age 45-4927496.1%
Age 50-5427886.2%
Age 55-5937098.2%
Age 60-6432817.3%
Age 65-6932037.1%
Age 70-7426926%
Age 75-7919774.4%
Age 80-8417753.9%
Age 85 and over19854.4%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 13.5 %
  • Speaks Spanish: 6.8 %
  • Speaks Other Indo-European Language: 3.9 %
  • Speaks Pacific Island Languages: 2.7 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 58.8 %
  • Divorced: 12.1 %
  • Separated (not divorced): 1.2 %
  • Never Married: 18.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 32940 zip code is $115508. This is 0.163 greater than the national average. This income places 3.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $33336. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0053
$10,000.00 – $14,999.00184
$15,000.00 – $24,999.00347
$25,000.00 – $34,999.00496
$35,000.00 – $49,999.00681
$50,000.00 – $74,999.001593
$75,000.00 – $99,999.001703
$100,000.00 – $149,999.003049
$150,000.00 – $199,999,001951
$200,000.00 +2155

YearMedian Family Income ($ USD)
201184118
201283979
201385783
201486270
201581826
201681165
201782281
201886335
201989569
202098602
2021115508

Income Source# of Households
Wage or Salary12161
Self Employment1482
Social Security7540
Dividends, Interest, or Rental6068
Retirement7957
Other3793

Total Insured & Uninsured Individuals: 
  • Families Insure: 42598
  • Families Uninsured: 1925
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 7957
  • No retirement income: 10642

Education

In the 32940 zip code, 96.9% of individuals over 25 years old have a high school degree or higher, and 50.6% have a bachelors degree or higher. Additionally, 17% of individuals 3 years and older are in private school, and 83% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 32940 zip, there are an estimated 19887 people in the labor force, of which, 18845 are employed, and 730 are unemployed. There are a total of 312 people in the armed forces. The average commute time for this zip code is 22.9 minutes. Of the total people that work, 2383 worked from home and 18948 commuted. The average number of hours worked is 38.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts10858
Services2468
Sales and Office3731
Construction and Maintenance:900
Transportation and Material Moving888





Housing

The median home value for the 32940 zip code is 335400. There is an estimated  18599 number of occupied housing units, the median gross rent in is $1718 per month, and the average monthly housing costs are estimated to be $1505. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000398
$50,000 – $99,000197
$100,000 – $149,999452
$150,000 – $199,999682
$200,000 – $299,9994684
$300,000 – $499,9996397
$500,000 – $999,9992545
$1,000,000+183

Home Year BuiltNumber of Homes
2020 or Later171
2010 – 20193391
2000 – 20096175
1980 – 19997998
1960 – 1979606
1940 – 1959246
1939 or earlier12

The median number of rooms in all housing units is 6.1 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50036
$500 – $99971
$1,000 – $1,499714
$1,500 – $1,9991561
$2,000 – $2,499389
$2,499 – $2,999159
$3,000 + 74

Monthly Housing Costs ($)Number of Households
Less than 300366
300-4991427
500-7992967
800-9991371
1000-14993091
1500-19994330
2000-24992313
2500-29991155
3000+1522

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%4053
20%-24.9%1341
25%-29.9%883
30%-34.9%652
35+%2404



# of VehiclesHouseholds
None391
16396
28856
3+2956
Home Heating Characteristics: 
  • Utility Gas: 25.1 %
  • Bottle Tank or LP Gas: 0.8 %
  • Electricity: 73.3 %
  • Oil or Kerosene etc: 0.1 %
  • Coal or Coke: 0 %
  • All Other: 0.4 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.