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Moving Guides/Palm Bay-Melbourne-Titusville

Moving to Palm Bay-Melbourne-Titusville

What you need to know before relocating to Palm Bay-Melbourne-Titusville, Florida. Data-driven insights on housing, jobs, safety, and quality of life.

Is Palm Bay-Melbourne-Titusville a Good Place to Live?

Based on data across cost of living, job market, safety, and education, Palm Bay-Melbourne-Titusville compares favorably on multiple dimensions. Highlights include median household income ($78,575) exceeds the national median; low unemployment rate (3.1%) signals a strong job market.

Palm Bay-Melbourne-Titusville at a Glance

Population
644K
Median Income
$78,575
Median Rent
$1,648/mo
Median Home Price
$356,600
Unemployment
3.1%
Avg Commute
248914 min

Cost of Living in Palm Bay-Melbourne-Titusville

The median rent in Palm Bay-Melbourne-Titusville is $1,648/month, while the median home value is $356,600. With a median household income of $78,575, residents spend roughly 25% of monthly income on rent.

Overall, the Palm Bay-Melbourne-Titusville metro area is classified as average compared to other US metros.

Rent vs. National Avg
18% above
Home Price vs. National Avg
17% above

Job Market

Palm Bay-Melbourne-Titusville has a median household income of $78,575, which is 5% above the national median. The local unemployment rate is 3.1%, compared to the national average of 3.7%.

Safety in Palm Bay-Melbourne-Titusville

The violent crime rate in Palm Bay-Melbourne-Titusville is 290 per 100,000 residents, which is 24% below the national average of 380.

Property crime rate: 1516 per 100,000 residents.

Education in Florida

Florida has a high school graduation rate of 90% and per-pupil spending of $12,415/year. The student-to-teacher ratio is 16:1.

34% of Florida adults hold a bachelor's degree or higher.

Healthcare Access

Florida has 265 physicians per 100,000 residents, a 10.9% uninsured rate, and 2.6 hospital beds per 1,000 people. Life expectancy in Florida is 77.8 years.

Pros and Cons of Living in Palm Bay-Melbourne-Titusville

+Pros

  • Median household income ($78,575) exceeds the national median
  • Low unemployment rate (3.1%) signals a strong job market

-Cons

  • Rent ($1,648/mo) is above the national average
  • Longer-than-average commute (248914 min)

Frequently Asked Questions

Is Palm Bay-Melbourne-Titusville a good place to live?

Palm Bay-Melbourne-Titusville, Florida has several attributes that make it an attractive place to live, including median household income ($78,575) exceeds the national median and low unemployment rate (3.1%) signals a strong job market. It scores well on multiple quality-of-life metrics relative to the national average.

What is the cost of living in Palm Bay-Melbourne-Titusville?

The median rent in Palm Bay-Melbourne-Titusville is $1,648/month and the median home value is $356,600. The median household income is $78,575. Overall the metro is considered average.

Is Palm Bay-Melbourne-Titusville safe?

Palm Bay-Melbourne-Titusville has a violent crime rate of 290 incidents per 100,000 residents. The national average is approximately 380 per 100,000.

What is the job market like in Palm Bay-Melbourne-Titusville?

Palm Bay-Melbourne-Titusville has an unemployment rate of 3.1%, compared to the national average of 3.7%. The median household income is $78,575.

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