ZIP Code 32909

In ZIP code 32909, near Melbourne, homes carry a median value of $307,100, and the county's 0.68% effective property tax rate works out to roughly $2,088 a year on such a home. With median household income at $79,977, that tax bill equals about 2.6% of annual earnings, while per-capita income sits at $40,427. The 7.00% combined sales tax rate applies to purchases rather than property, so it doesn't add to the ownership cost. Together, these figures show how home prices, local tax rates, and earnings in this ZIP interact.