HomeFloridaBrevard CountyMelbourne Village town
Melbourne Village town, Florida: commercial real estate data.
Melbourne Village town is a Census town of 778 people across 0.58 square miles of land, in Brevard County. Median household income is $100,000, 89.0 percent of occupied homes are owned, and the SBA record carries 247 7(a) approvals to borrowers here worth $149.1 m.
83 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Melbourne Village
What Melbourne Village is
- Census place typetown
- Land area0.58 sq mi
- Water area0 sq mi
- Population per square mile of land1,338 plus or minus 325
- County holding the largest share of its areaBrevard County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melbourne Village
How many people live in Melbourne Village
- Population778 plus or minus 189
- Median age60.0
- Population under 18118 plus or minus 59
- Share under 1815.2 percent plus or minus 6.6
- Population 65 and over328
- Share 65 and over42.2 percent plus or minus 13.1
- Households336
- Family households231 plus or minus 56
- Share of households that are families68.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melbourne Village
Income and work in Melbourne Village
- Median household income$100,000
- Per capita income$46,566
- Civilian labor force299 plus or minus 98
- Employed291 plus or minus 95
- Unemployed8 plus or minus 9
- Unemployment rate2.7 percent plus or minus 2.9
- Adults 25 and over632 plus or minus 142
- Adults 25 and over with a high school diploma or higher96.5 percent plus or minus 26.7
- Adults 25 and over with a bachelor degree or higher56.5 percent plus or minus 17.5
- Adults 25 and over with a graduate degree26.1 percent plus or minus 6.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melbourne Village
Housing in Melbourne Village
- Housing units383 plus or minus 93
- Occupied units336
- Vacant units47 plus or minus 62
- Vacancy rate12.3 percent plus or minus 15.9
- Owner occupied299 plus or minus 64
- Renter occupied37 plus or minus 25
- Ownership rate89.0 percent
- Median owner-occupied home value$385,000
- Median gross rent, monthly$1,473 plus or minus $567
- Annual rent as a share of median income17.7 percent plus or minus 6.9
- Single family units375 plus or minus 91
- Share single family97.9 percent plus or minus 33.6
- Units in buildings of two or more8 plus or minus 19
- Share in buildings of two or more2.1 percent plus or minus 4.9
- Mobile homes0
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melbourne Village
How Melbourne Village gets to work
- Workers 16 and over who commute225 plus or minus 79
- Commuting under 15 minutes78 plus or minus 32
- Share commuting under 15 minutes34.7 percent plus or minus 7.7
- Commuting 30 minutes or more76 plus or minus 40
- Share commuting 30 minutes or more33.8 percent plus or minus 13.0
- Drove alone75.7 percent plus or minus 15.7
- Carpooled1.4 percent plus or minus 2.5
- Public transport3.3 percent plus or minus 3.5
- Walked0.0 percent
- Worked from home18.5 percent plus or minus 6.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melbourne Village
SBA loans in Melbourne Village (7(a))
- Approvals247
- Gross approval$149,068,700
- Average approval$603,517
- Median approval$280,000
- Ninetieth percentile approval$1,706,200
- Largest approval$5,000,000
- Jobs supported3,351
- Jobs per approval13.6
- Loans with a final outcome41
- Paid in full40
- Charged off1
- Charge-off rate over resolved loans2.4 percent
- Median term120 months
- Share on real estate terms of 20 years or more16.2 percent
- Share to franchises23.5 percent
- Distinct lenders65
- Distinct industries by NAICS128
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Melbourne Village
SBA loans in Melbourne Village (504)
- Approvals92
- Gross approval$81,153,000
- Average approval$882,098
- Median approval$566,000
- Largest approval$4,927,000
- Jobs supported1,131
- Loans with a final outcome33
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Melbourne Village
Flood risk in Melbourne Village
- Listed NFIP communities2
- Of those, participating2
- Best Community Rating System classClass 7
- NFIP community number120025
- Currently effective map date01/29/21
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Brevard County, not Melbourne Village
Brevard County context, not Melbourne Village figures
These are Brevard County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Melbourne Village measurements.
- Establishments in Brevard County15,510
- Employment at those establishments, Brevard County205,503
- Covered employment, Brevard County242,124
- Average annual pay, Brevard County$68,051
- Average weekly wage, Brevard County$1,309
- Housing units permitted, Brevard County4,603
- Of those, single family, Brevard County3,889
- County product, 2024, Brevard County$43,482,320,000
- County product change over the prior year, Brevard County7.1 percent
- Average income of an arriving household, Brevard County$87,320
Every figure in this section is published for Brevard County as a whole and is not a measurement of Melbourne Village. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Melbourne Village questions, answered from the record.
How many people live in Melbourne Village, Florida?
778, in 336 households. Melbourne Village town covers 0.58 square miles of land, which is 1,338 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Melbourne Village in?
Brevard County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Melbourne Village?
$100,000. The median owner-occupied home is valued at $385,000. Median gross rent is $1,473 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Melbourne Village businesses?
247 7(a) approvals totalling $149.1 m, across 65 lenders, median approval $280,000, plus 92 504 approvals worth $81.2 m. These count approvals to borrowers whose address is in Melbourne Village, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Melbourne Village borrowers get paid back?
Of the 41 loans that have reached a final outcome, 40 were paid in full and 1 charged off, a charge off rate of 2.4 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Melbourne Village in the National Flood Insurance Program?
Yes. Melbourne Village appears in the FEMA Community Status Book as community 120025, carrying Community Rating System class 7, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Melbourne Village figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Brevard County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Melbourne Village.
Is zoning published for Melbourne Village?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.