Melbourne vs Homestead
Side-by-side comparison
How does Melbourne, FL compare to Homestead, FL? Melbourne has a population of 85,718 with a median household income of $64,504, while Homestead has 80,725 residents and a median income of $61,975. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Melbourne, FL | Homestead, FL | Difference |
|---|---|---|---|
| Population | 85,718 | 80,725 | +6.2% |
| Median Age | 42.3 | 32.3 | +31.0% |
| Foreign Born % | 10.7% | 40% | -73.3% |
| Metric | Melbourne | Homestead | Difference |
|---|---|---|---|
| Median Income | $64,504 | $61,975 | +4.1% |
| Unemployment | 4.4% | 3.8% | +15.8% |
| Poverty Rate | 14.9% | 18.5% | -19.5% |
| Bachelor's+ | 33.3% | 24.3% | +37.0% |
| Metric | Melbourne | Homestead | Difference |
|---|---|---|---|
| Home Value | $272,900 | $346,500 | -21.2% |
| Median Rent | $1411/mo | $1619/mo | -12.8% |
| Housing Units | 40,709 | 26,741 | +52.2% |