The ZIP Code 32934 is associated with the city of Melbourne in Florida in Brevard County in the U.S. It is estimated that 29.6% of residents in the 32934 ZIP Code are aged 62 years and older, while the region overall has a median age of 50.5 years. Approximately 39.1% of residents in this Florida region have a bachelor's degree or higher, and the per capita income is an estimated $43,493. Median househould income is approximately $71,891, and an estimated 3% of the population is living below the poverty line. The current population estimate is 19,105.
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Looking at race in the population that makes up ZIP Code 32934, 96.6% is one race, while 3.4% are two or more races. Approximately 10.7% of 32934 residents are hispanic or Latino (of any race). The most common race in 32934 (race alone or in combination with one or more other races), is White (90.3%), followed by Asian (5.6%) .
| Industry | Percent |
|---|---|
| White | 90.3% |
| Black or African American | 3.5% |
| American Indian and Alaska Native | 2.0% |
| Asian | 5.6% |
| Native Hawaiian and Other Pacific Islander | 0.7% |
| Some other race | 2.2% |
The median household income in ZIP Code 32934 is $71,891, while the region's mean household income is $108,825. Breaking income down further, per capita income in the region is $43,493. The per capita income in ZIP Code 32934 of $43,493 is approximately 37.55% more than the per capita income in Florida overall of $31,619. An estimated 3.2% of the population is living below the poverty line in this region. This rate is approximately 66.32% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 17.1% of the population in 32934 earn $100,000 to $149,999 per year, while an estimated 16.9% earn $50,000 to $74,999 per year, and 3.1% of 32934 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.3% |
| $10,000 to $14,999 per year | 3.1% |
| $15,000 to $24,999 per year | 8.8% |
| $25,000 to $34,999 per year | 8.5% |
| $35,000 to $49,999 per year | 10.7% |
| $50,000 to $74,999 per year | 16.9% |
| $75,000 to $99,999 per year | 9.4% |
| $100,000 to $149,999 per year | 17.1% |
| $150,000 to $199,999 per year | 8.4% |
| $200,000 or more per year | 13.8% |
In ZIP Code 32934, 92.6% of the population graduated high school, while 39.1% have a bachelor's degree or higher. In this region, 2.8% achieved an education level less than 9th grade, while 16.2% hold a graduate or professional degree. Approximately 22.4% in this Brevard County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.8% |
| 9th to 12th grade, no diploma | 4.6% |
| High school graduate (includes equivalency) | 22.4% |
| Some college, no degree | 20.4% |
| Associate's degree | 10.6% |
| Bachelor's degree | 22.9% |
| Graduate or professional degree | 16.2% |
Residents of ZIP Code 32934 are older than average. The median age of 50.5 years in ZIP Code 32934 is approximately 32.55% higher than the overall median age in the U.S. of 38.1 years. About 82.9% of residents are aged 18 years and older, and 29.6% of residents are 62 years and over. Approximately 14.6% of the population in 32934 falls in the age group 45 to 54 years, while an estimated 12.5% are aged 65 to 74 years. On the low end of the scale, 3.2% of 32934 residents are aged under 5 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.2% |
| 5 to 9 years | 4.6% |
| 10 to 14 years | 5.7% |
| 15 to 19 years | 5.4% |
| 20 to 24 years | 5.3% |
| 25 to 34 years | 8.3% |
| 35 to 44 years | 9.3% |
| 45 to 54 years | 14.6% |
| 55 to 59 years | 10.1% |
| 60 to 64 years | 9.7% |
| 65 to 74 years | 12.5% |
| 75 to 84 years | 7.8% |
| 85 years and over | 3.5% |
In ZIP Code 32934, 86.2% of the population lists "English only" as the language spoken in home, while 6.8% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.3% of homes, and other Indo-European languages are spoken in 2.9% of homes. Lastly, 0.8% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Brevard County region.
| Language Spoken | Percent |
|---|---|
| English only | 86.2% |
| Spanish | 6.8% |
| Other Indo-European languages | 3.3% |
| Asian and Pacific Islander languages | 2.9% |
| Other languages | 0.8% |
Regarding the age of homes in ZIP Code 32934, an estimated 31.8% of homes were built between 1980 and 1989. Additionally, 27.9% of homes in the region were built between 1990 and 1999, while an estimated 0.0% of homes were built in 1939 or earlier in this Brevard County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.0% |
| Built between 2010 and 2013 | 2.5% |
| Built between 2000 and 2009 | 19.8% |
| Built between 1990 and 1999 | 27.9% |
| Built between 1980 and 1989 | 31.8% |
| Built between 1970 and 1979 | 11.1% |
| Built between 1960 and 1969 | 4.1% |
| Built between 1950 and 1959 | 0.6% |
| Built between 1940 and 1949 | 0.2% |
| Built in 1939 or earlier | 0.0% |
In 32934, 53.7% of the population is in the labor force. Recent estimates place 7.8% as working from home, while the total labor force in the region has a mean travel to time to work of 22.0 minutes. Approximately 25.5% of the employed population 16 years and over in 32934 work in educational services, and health care and social assistance, while an estimated 16.2% work in manufacturing. On the lower end of the scale, just 0.8% of 32934 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.8% |
| Construction | 6.2% |
| Manufacturing | 16.2% |
| Wholesale trade | 2.9% |
| Retail trade | 7.7% |
| Transportation and warehousing, and utilities | 3.8% |
| Information | 2.1% |
| Finance and insurance, and real estate and rental and leasing | 2.7% |
| Professional, scientific, management, and administrative | 15.7% |
| Educational services, and health care and social assistance | 25.5% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.4% |
| Other services, except public administration | 5.0% |
| Public administration | 4.1% |
Regarding solar power potential, ZIP Code 32934 has an average daily solar radiation level of 5.7 kWh/m2/day. This is approximately 38.35% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 13.51% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 32934 | 10.4¢/kWh | 8.72¢/kWh | 6.86¢/kWh |
| Florida | 14.65¢/kWh | 11.43¢/kWh | 8.85¢/kWh |
| United States | 16.88¢/kWh | 12.66¢/kWh | 7.82¢/kWh |
| Month | ZIP Code 32934 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.45 | 1.9 | 5.84 |
| Feb | 5.88 | 3 | 6.31 |
| Mar | 6.29 | 3.65 | 7.02 |
| Apr | 6.29 | 5.13 | 7.3 |
| May | 5.92 | 5.17 | 7.13 |
| Jun | 5.29 | 5.72 | 6.95 |
| Jul | 5.36 | 6.22 | 6.51 |
| Aug | 5.51 | 6.08 | 6.65 |
| Sep | 5.62 | 5.15 | 7.02 |
| Oct | 6.01 | 3.32 | 6.92 |
| Nov | 5.66 | 2.33 | 5.99 |
| Dec | 5.17 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 32934, credit reporting or other personal consumer reports have received the most complaints in 32934 in the past 12 months. Credit reporting or credit repair services received the second most complaints. The most frequent complaint overall in this Brevard County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or other personal consumer reports | 43 |
| Credit reporting or credit repair services | 20 |
| Debt collection | 4 |
| Checking or savings account | 1 |
| Credit card | 1 |
| Other | 2 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 35 |
| Improper use of your report | 26 |
| Attempts to collect debt not owed | 4 |
| Problem with a credit reporting company's investigation | 2 |
| Dealing with your lender or servicer | 1 |
| Other | 3 |