Comparison to Surrounding Areas
The median household income ($110,495) for 32940 is more than 34773 ($80,524), 32934 ($104,369), 32935 ($64,588), 32937 ($101,184), 32952 ($102,726), 32955 ($86,457), 32904 ($90,673), Brevard County ($78,476), Melbourne city ($66,991), Palm Shores town ($77,500), Viera East CDP ($92,467), and Viera West CDP ($109,170).
| 32940 | $110,495 |
| Melbourne city | $66,991 |
| Palm Shores town | $77,500 |
| Viera East CDP | $92,467 |
| Viera West CDP | $109,170 |
| Brevard County | $78,476 |
Get Median Household Income for all Zip Codes in Florida.
The average household income ($136,701) for 32940 is less than the average household income for 32952 ($147,055) and Viera West CDP ($147,134). But it's more than 34773 ($99,042), 32934 ($127,067), 32935 ($77,022), 32937 ($133,331), 32955 ($112,812), 32904 ($107,843), Brevard County ($105,193), Melbourne city ($85,317), Palm Shores town ($99,403), and Viera East CDP ($121,601).
| 32940 | $136,701 |
| Melbourne city | $85,317 |
| Palm Shores town | $99,403 |
| Viera East CDP | $121,601 |
| Viera West CDP | $147,134 |
| Brevard County | $105,193 |
Get Average Household Income for all Zip Codes in Florida.
The per-capita income for 32940 is $56,246. The per capita income ($56,246) for 32940 is less than the per capita income for 32952 ($61,442) and Viera West CDP ($60,652). But it's more than 34773 ($30,976), 32934 ($54,257), 32935 ($35,667), 32937 ($55,776), 32955 ($47,999), 32904 ($41,883), Brevard County ($44,108), Melbourne city ($38,249), Palm Shores town ($40,771), and Viera East CDP ($49,894).
| 32940 | $56,246 |
| Melbourne city | $38,249 |
| Palm Shores town | $40,771 |
| Viera East CDP | $49,894 |
| Viera West CDP | $60,652 |
| Brevard County | $44,108 |
Get Per-Capita Income for all Zip Codes in Florida.
18.9% of households make over $200,000 a year. The percent high income households (18.9%) for 32940 is less than the percent high income households for 32952 (20.4%) and Viera West CDP (19.7%). But it's more than 34773 (8.1%), 32934 (17.2%), 32935 (3.1%), 32937 (18.2%), 32955 (11.7%), 32904 (13.3%), Brevard County (11.1%), Melbourne city (6.2%), Palm Shores town (7.5%), and Viera East CDP (13.3%).
| 32940 | 18.9% |
| Melbourne city | 6.2% |
| Palm Shores town | 7.5% |
| Viera East CDP | 13.3% |
| Viera West CDP | 19.7% |
| Brevard County | 11.1% |
Get High Income Households for all Zip Codes in Florida.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 32940 | $81,814 | $132,349 | $128,370 | $75,708 |
| Melbourne city | $46,663 | $80,528 | $79,500 | $48,241 |
| Palm Shores town | $-1 | $113,438 | $110,909 | $51,625 |
| Viera East CDP | $-1 | $114,268 | $112,664 | $77,047 |
| Viera West CDP | $87,000 | $153,945 | $126,111 | $67,083 |
| Brevard County | $50,246 | $90,571 | $94,937 | $58,980 |
Get Median Household Income by Age of Householder for all Zip Codes in Florida.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 32940 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the 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 | +/-$5,976 | +/-$7,711 | +/-$3,237 | +/-2.7% | +/-$4,999 | +/-$8,186 | +/-$8,367 | +/-$4,148 |
| Melbourne city | +/-$2,486 | +/-$3,466 | +/-$1,666 | +/-1.1% | +/-$8,483 | +/-$7,849 | +/-$9,346 | +/-$2,932 |
| Palm Shores town | +/-$27,454 | +/-$13,021 | +/-$5,334 | +/-4.4% | +/-$-1 | +/-$78,108 | +/-$32,892 | +/-$17,546 |
| Viera East CDP | +/-$13,769 | +/-$14,016 | +/-$6,296 | +/-3.7% | +/-$-1 | +/-$12,777 | +/-$35,597 | +/-$7,364 |
| Viera West CDP | +/-$12,895 | +/-$14,501 | +/-$5,589 | +/-3.6% | +/-$6,860 | +/-$24,866 | +/-$35,362 | +/-$10,961 |
| Brevard County | +/-$1,054 | +/-$2,571 | +/-$992 | +/-0.4% | +/-$5,172 | +/-$3,372 | +/-$3,036 | +/-$2,078 |