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The total population of Melbourne is estimated to be 547 with 230 males (42.05%) and 317 females (57.95%). There are 87 more females than males in Melbourne.
The median household income in Melbourne was $77,315 in 2021, which marked an a decrease of 9,560(11%) from $86,875 in 2020. This income is 103.63% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Melbourne sees its highest median household income among householders in the age group of 45 to 64 years old, at $104,038. Overall, the median household income for the city of Melbourne stands at $77,315.
In Melbourne, the median income for all workers aged 15 years and older, regardless of work hours, was $31,752 for males and $17,804 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,855 for males and $55,397 for females.
In Melbourne, population is primarily represented by White households, reporting a median income of $77,315.
In 2022, the population of Melbourne was 466, a 0.87% increase year-by-year from 2021. Previously, in 2021, Melbourne's population was 462, an increase of 0.87% compared to a population of 458 in 2020.
The median age in Melbourne, KY is 55.3, as per 2021 ACS 5-Year Estimates. Of the total population, 17.84% were under the age of 15, 10.02% aged 15 to 29, 42.69% aged 30 to 64, 28.46% aged 65 to 84, and 1.00% were 85 years of age and older.
Racial distribution of Melbourne population: 94.19% are White, 0.40% are Black or African American and 5.41% are multiracial.