Melbourne, IA demographics:
population, income, and more

Total population
804
12.6% year-over-year change
Median household income
$71,667/yr
-13.5% year-over-year change
Housing units
338
8.3% year-over-year change

Melbourne population

How many people live in Melbourne

Melbourne is home to 804 residents, according to the most recent Census data. Gender-wise, 50% of Melbourne locals are male, and 50% are female.

Total population
804
12.6% year-over-year change
Gender ratio
Male
50%
402
Female
50%
402
Value Percent YoY change
Male 402 50% 11.1%
Female 402 50% 14.2%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Melbourne is 39, with the population distributed as follows: about 24.8% are children under 15, then 10.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.8% of the population, while another 19.8% fall into the 45 to 64 bracket. Finally, around 19% are 65 or older.

Median age
38.8
Age breakdown
Under 15
24.8%
15 to 24
10.7%
25 to 44
25.8%
45 to 64
19.8%
Over 65
19%
Value Percent YoY change
Under 15 199 24.8% 16.4%
15 to 24 86 10.7% 7.5%
25 to 44 207 25.8% 15.0%
45 to 64 159 19.8% 16.1%
Over 65 153 19% 4.8%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Melbourne, 98.9% of the population are US-born citizens, while 0.5% have gained naturalized citizenship. At the same time, 0.6% of residents are non-citizens. There’s also a share of 2.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.9%
Non-U.S.-born citizens
0.5%
Non-citizens
0.6%
Value Percent YoY change
U.S.-born citizens 795 98.9% 12.1%
Non-U.S.-born citizens 4 0.5% -20.0%
Non-citizens 5 0.6% N/A
Racial breakdown
White
96.6%
Black or African American
0%
American Indian and Alaska Native
0.1%
Asian
0.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.2%
Other
0.4%
Value Percent
White 777 96.6%
American Indian and Alaska Native 1 0.1%
Asian 5 0.6%
Two or more races 18 2.2%
Other 3 0.4%

Households in Melbourne

A peek inside Melbourne households

Melbourne has 324 households, with an average of 2 members in each. Of these, 62.4% are families, while the remaining 37.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
324
5.9% year-over-year change
Average people per household
2
Non-family households
122
Family households
202
Value Percent YoY change
Non-family households 122 37.6% 3.4%
Family households 202 62.4% 7.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Melbourne

The housing landscape of Melbourne

Melbourne's housing consists of 338 units, with 83.1% being detached single-family homes ideal for those wanting space.

Housing units
338
8.3% year-over-year change
Housing types
Value Percent
1 unit, detached 281 83.1%
3 or 4 units 53 15.7%
5 to 9 units 4 1.2%
Homes built since 2020
0
% year-over-year change

The age of buildings in Melbourne

In Melbourne, the median construction year is 1962. About 27.2% of homes were built before the 1940s, with another 4.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 92 27.2% 29.6%
Built between 1940 and 1949 16 4.7% 6.7%
Built between 1950 and 1959 52 15.4% -13.3%
Built between 1960 and 1969 51 15.1% -1.9%
Built between 1970 and 1979 78 23.1% -1.3%
Built between 1980 and 1989 19 5.6% 72.7%
Built between 1990 and 1999 9 2.7% 28.6%
Built between 2000 and 2009 12 3.6% -20.0%
Built between 2010 and 2019 9 2.7% 350.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Melbourne occupancy rates

Out of the 324 occupied housing units in Melbourne, 75.6% are owner-occupied, while 24.4% are lived in by tenants. Meanwhile, 4.1% of all homes on the local market sit vacant.

Occupied housing units
324
5.9% year-over-year change
Occupancy breakdown
Renter occupied
79
Owner occupied
245
Value Percent YoY
change
Renter occupied 79 24.4% 2.6%
Owner occupied 245 75.6% 7.0%
Unoccupied housing units
4.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Melbourne housing costs

Housing costs in Melbourne come to a median of $908 per month, while tenants specifically pay a median gross rent of $756.

Median housing costs per month
$908/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Melbourne
$756/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Melbourne

Melbourne education at a glance

About 39% of the population in Melbourne went to high school, while 31.3% pursued college studies. Another 9.3% earned an associate degree and 15.5% hold a bachelor’s. Meanwhile, 4.5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 2 0.4% 0.0%
High school diploma 226 39% 26.3%
College diploma 181 31.3% 0.6%
Associate degree 54 9.3% -5.3%
Bachelor's degree 90 15.5% 12.5%
Graduate degree 26 4.5% 8.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Melbourne

How much people earn in Melbourne

The average annual household income in Melbourne was $89,197 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -9.7% change from the previous year. At the same time, the median income stood at $71,667, reflecting a -13.5% shift over the same period.

Average household income in Melbourne
$89,197/year
-9.7% year-over-year change
Median household income in Melbourne
$71,667/year
-13.5% year-over-year change

Melbourne income by age

In Melbourne, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $98,250. Those with someone between 45 and 64 in charge, often well established professionally, earn $71,250 overall. Overall, 88.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $98,250 -10.8%
45 - 64 $71,250 -0.9%
Over 65 $68,500 -8.3%
Above poverty level
701
Below poverty level
92
Value Percent YoY
change
Above poverty level 701 88.4% 3.4%
Below poverty level 92 11.6% 187.5%

Average renter income in Melbourne

To get a better sense of what renters earn on average in Melbourne, their median household income was $50,938 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 17.8%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$50,938
Rent-to-income ratio
17.8%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Melbourne

Workforce and job types in Melbourne

The job market in Melbourne is powered by 381 working residents, spread across a range of industries and roles. 66.7% of the working population are employed in professional or administrative positions, while 33.3% are in hands-on or service-based jobs. Also, 7.6% run their own businesses, 61.9% are employed by private companies, and 23.4% work in the public sector.

Workforce demographics

Working population
381
0.0% year-over-year change
White collar
254
Blue collar
127
Value Percent YoY change
White collar 254 66.7% 7.6%
Blue collar 127 33.3% -12.4%
Employer type
Self employees
7.6%
Private companies
61.9%
Governmental workers
23.4%
Not for profit companies
7.1%
Value Percent YoY change
Self employees 29 7.6% -44.2%
Private companies 236 61.9% 6.3%
Governmental workers 89 23.4% 2.3%
Not for profit companies 27 7.1% 35.0%
Unemployment rate
5.2%
16.7% year-over-year change

Available workforce

The unemployment rate in Melbourne stands at 5.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Melbourne

How people get around in Melbourne

Commuting methods vary: 93.1% of residents travel by personal vehicle and 1.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 352 93.1% 3.8%
Walk 5 1.3% 25.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Melbourne by zipcode?

Zipcode Population Number of households Median income Average income
50162 1,164 517 $71,417 $93,969

Explore more communities

FAQs about Melbourne demographics 

What is the total population of Melbourne?

Melbourne has a total population of 804 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +12.6% compared to a year ago.

What is the gender ratio in Melbourne?

The gender ratio in Melbourne is as follows:
  • 50% males (402 residents)
  • 50% females (402 residents)

What is the median age in Melbourne?

The median age in Melbourne is 38.8.

What is the age distribution of the population in Melbourne?

The age distribution in Melbourne is as follows:
  • Under 15: 24.8% (199 residents)
  • Ages 15-24: 10.7% (86 residents)
  • Ages 25-44: 25.8% (207 residents)
  • Ages 45-64: 19.8% (159 residents)
  • Over 65: 19% (153 residents)

What is the racial and ethnic makeup of Melbourne?

The racial and ethnic makeup of Melbourne is as follows:
  • White: 96.6% (777 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0.1% (1 residents)
  • Asian: 0.6% (5 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.2% (18 residents)
  • Other: 0.4% (3 residents)

What percentage of the population in Melbourne are U.S.-born citizens?

U.S.-born citizens represent 98.9% of the population in Melbourne.

How many housing units are there in Melbourne?

There are 338 housing units in Melbourne, reflecting a +8.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Melbourne and what is the average household size?

Melbourne has a total of 324 households, with an average of 2 people in each.

What is the median household income in Melbourne?

Melbourne has a median household income of $71,667, representing a -13.5% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Melbourne?

The employment rate is 94.8% in Melbourne, with a workforce of 381 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 66.7% (254 residents)
  • Blue-collar workers: 33.3% (127 residents)

Places of employment:
  • Self-employed: 7.6% (29 residents)
  • Private companies: 61.9% (236 residents)
  • Governmental workers: 23.4% (89 residents)
  • Not-for-profit companies: 7.1% (27 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025