32940 Map

32940 Income Statistics

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Comparison to Surrounding Areas

32940 Median Household Income

The median household income ($106,511) for 32940 is more than 34773 ($64,498), 32934 ($102,871), 32935 ($63,841), 32937 ($98,411), 32952 ($98,651), 32955 ($85,133), 32904 ($86,943), Brevard County ($75,817), Melbourne city ($64,504), Palm Shores town ($86,563), Viera East CDP ($97,386), and Viera West CDP ($98,107).

32940$106,511
Melbourne city$64,504
Palm Shores town$86,563
Viera East CDP$97,386
Viera West CDP$98,107
Brevard County$75,817

32940 Average Household Income

The average household income ($133,132) for 32940 is less than the average household income for 32952 ($139,479) and Viera West CDP ($136,763). But it's more than 34773 ($85,160), 32934 ($126,518), 32935 ($75,694), 32937 ($130,558), 32955 ($108,004), 32904 ($103,001), Brevard County ($101,758), Melbourne city ($82,828), Palm Shores town ($111,471), and Viera East CDP ($124,926).

32940$133,132
Melbourne city$82,828
Palm Shores town$111,471
Viera East CDP$124,926
Viera West CDP$136,763
Brevard County$101,758

32940 Per-Capita Income

The per-capita income for 32940 is $54,655. The per capita income ($54,655) for 32940 is less than the per capita income for 32937 ($54,896), 32952 ($57,687), and Viera West CDP ($57,249). But it's more than 34773 ($27,232), 32904 ($40,182), 32934 ($52,629), 32935 ($34,554), 32955 ($45,573), Brevard County ($42,738), Melbourne city ($36,715), Palm Shores town ($44,371), and Viera East CDP ($49,958).

32940$54,655
Melbourne city$36,715
Palm Shores town$44,371
Viera East CDP$49,958
Viera West CDP$57,249
Brevard County$42,738

32940 High Income Households

17.6% of households make over $200,000 a year. The percent high income households (17.6%) for 32940 is less than the percent high income households for 32952 (20.9%) and Viera West CDP (18.7%). But it's more than 34773 (5.9%), 32934 (17.2%), 32935 (3.1%), 32937 (17.0%), 32955 (10.6%), 32904 (11.2%), Brevard County (10.1%), Melbourne city (6.2%), Palm Shores town (11.3%), and Viera East CDP (13.9%).

3294017.6%
Melbourne city6.2%
Palm Shores town11.3%
Viera East CDP13.9%
Viera West CDP18.7%
Brevard County10.1%

32940 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
32940$78,906$128,069$132,034$73,682
Melbourne city$46,797$75,131$77,500$48,448
Palm Shores town$-1$86,875$122,813$62,083
Viera East CDP$22,853$109,188$125,707$77,669
Viera West CDP$79,028$148,456$123,065$61,167
Brevard County$46,475$86,156$91,521$57,558

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 32940 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
32940+/-$5,403+/-$7,949+/-$3,389+/-2.4%+/-$3,444+/-$8,135+/-$22,140+/-$4,617
Melbourne city+/-$2,303+/-$2,308+/-$1,254+/-0.9%+/-$12,880+/-$6,186+/-$7,071+/-$2,870
Palm Shores town+/-$35,109+/-$26,879+/-$9,356+/-8.4%+/-$-1+/-$71,364+/-$33,126+/-$21,883
Viera East CDP+/-$12,415+/-$16,949+/-$7,142+/-4.6%+/-$2,032+/-$14,125+/-$47,555+/-$11,078
Viera West CDP+/-$12,228+/-$11,497+/-$5,094+/-3.3%+/-$3,660+/-$32,553+/-$22,955+/-$6,215
Brevard County+/-$932+/-$2,461+/-$1,011+/-0.4%+/-$4,048+/-$3,065+/-$2,656+/-$1,659