Home Affordability in 32901
Melbourne, FL — Brevard County
The median home price in ZIP code 32901 (Melbourne) is $315,000 with a median household income of $52,000. The price-to-income ratio is 6.1x.
Median Home Price
$315,000
Median Income
$52,000
Price-to-Income
6.1x
Est. Affordable Home
$202,000
Property Tax Rate
0.78%
Annual Property Tax
$2,457
Cost of Living
98
Metro Area
Palm Bay MSA
Down Payment Scenarios for ZIP 32901
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $9,450 | $305,550 | Yes |
| 5% | $15,750 | $299,250 | Yes |
| 10% | $31,500 | $283,500 | Yes |
| 20% | $63,000 | $252,000 | No |
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