Income & Economy in West Melbourne city, FL (32904)
Median Income
$86,943
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,651
Wealth inflow
Population
36,885
Unemployment
4.1%
0.4pp above US avg
IRS migration statistics show a net inflow of about 1,651 for ZIP 32904 (West Melbourne city, FL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 32904 (2020–Present)
Since 2020, population grew 8.9%, median income rose 1.2% (inflation-adjusted), home values increased 20.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $86,943 |
| Unemployment | 4.1% |
| Establishments | 1,317 |
| Employees | 22,135 |