ZIP comparison · Palm Bay-Melbourne-Titusville, FL
32934 vs 32937
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP32934Melbourne, FL | ZIP32937Satellite Beach, FL |
|---|---|---|
| Home value | ||
| Typical home value | $493,435 | Better: $501,128 |
| 1-year appreciation | -1.9% | Better: -1.7% |
| 5-year CAGR | Better: +5.7% | +5.5% |
| 10-year CAGR | +6.9% | Better: +7.0% |
| Rent & investment | ||
| Monthly rent | Better: $1,789 | $2,687 |
| Gross yield | 4.4% | Better: 6.4% |
| Cap rate | 2.6% | Better: 3.9% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 0.8% |
| Typical annual tax | Better: $3,219 | $3,824 |
| Demographics | ||
| Population | 18,564 | 27,836 |
| Median household income | Better: $104,369 | $101,184 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | +5,016 | +5,016 |
| Schools | ||
| Public schools | 1 | 6 |
| Students enrolled | 10 | 4,039 |