Many active adults already know they want to retire in Florida, but deciding on their next hometown is another matter. Between the Gulf Coast and the Atlantic Coast, from big cities to small towns, active adults have plenty of options when choosing where to retire in The Sunshine State.
One increasingly popular destination is Melbourne, a mid-sized coastal town on the South Atlantic Coast. Located along the Space Coast, Melbourne is just 40 minutes south of Cape Canaveral, home to the Kennedy Space Center. The city attracts active adults, snowbirds, and retirees for several reasons, including its amiable weather, abundant outdoor recreation, and affordable cost of living.
Discover what you need to know to make the move to Melbourne.
Retiring to Melbourne: Pros and Cons
Pros
- A coastal lifestyle: Melbourne is located directly on the Atlantic Coast, providing access to miles of sandy beaches and balmy waters. Living near the ocean promises plenty of days spent at the beach and enjoying fresh seafood at local restaurants.
- Plenty of outdoor recreation: In addition to the ocean, residents can get their feet (or kayaks) wet in the Indian River that runs through the city or the nearby St. Johns River. Plenty of scenic nature preserves and parks are also available to residents, like River Lakes Conservation Area and Crane Creek Reserve.
- Sunny weather: Year-round sunshine means getting out of the house more and exploring surrounding areas all year long. There are plenty of things to do in Melbourne, FL, and active adults can enjoy a variety of activities without worrying about the cold ruining the fun.
- Affordability: Melbourne’s cost of living is lower than national averages across the board, making it an affordable place to settle down. The lower taxes and tax breaks for seniors also make the city attractive to active adults.
Cons
- Muggy and buggy summers: While the sunny weather is a blessing in the colder months, the Florida summers are known for their humidity. This kind of weather attracts plenty of creepy crawlies to the dismay of those not fond of bugs.
- Small-town atmosphere: With a population close to 85,000, Melbourne is a mid-sized town. It might not have the world-class attractions or entertainment as some of the Sunshine State’s largest cities, but it has more of a small-town atmosphere.
- Hurricanes: The possibility of hurricanes is present in any coastal city, although there have only been five major storms to hit Melbourne since 1950. Being within range of hurricanes may increase the cost of home insurance and may include vigilantly following the weather reports during hurricane season.
Climate & Outdoor Lifestyle in Melbourne
During the warmest part of the year (roughly June through September), daily high temperatures typically reach the upper 80s and lows sit in the mid 70s, according to Extreme Weather Watch. In the cooler months (November through March), highs generally stay in the low 70s, and lows can dip into the 50s.
Summers tend to bring higher humidity and regular afternoon rainfall, which is typical for Florida’s humid-subtropical coastal climate, according to WeatherSpark. As fall and winter arrive, both humidity and rainfall levels decline, creating some of the most pleasant outdoor conditions of the year.
Thanks to this climate, Melbourne residents can enjoy year-round recreation. Popular activities include kayaking and fishing on the Indian River Lagoon, golfing on nearby courses, and visiting Atlantic beaches just minutes away. For retirees and active adults seeking a seaside community that supports outdoor living through most of the year, Melbourne offers a climate that balances sunshine, warmth, and comfort along Florida’s scenic Space Coast.
Taxes for Retirees in Melbourne
One of the appealing aspects of retiring in the Melbourne area is Florida’s favorable tax climate. The state does not impose a personal income tax, meaning that retirement income—such as Social Security, pensions, and withdrawals from IRAs or 401(k)s—is not taxed at the state level. Florida also has no estate tax or inheritance tax.
Sales Tax
In Melbourne (Brevard County), the combined sales tax rate is 7.0%, made up of a 6% state tax and a 1% county surtax, according to Sales Tax Handbook. While this is typical across much of Florida, it’s not among the lowest in the state. Most counties in Florida range from 6.0% to 7.5%.
Property Taxes
Homeowners in the Melbourne area can expect a property tax rate around 0.87% of assessed value, according to Tax-Rates.org. That’s slightly below the national average and close to the Florida statewide rate of about 0.80%. The median property tax bill in Brevard County is about $1,618 per year, based on a median home value of roughly $186,900. The state median is $1,773 per year. These rates help make Melbourne relatively affordable for homeowners seeking to stretch their retirement income.
Senior & Limited-Income Property Tax Exemptions
Florida homeowners who make their Melbourne property their primary residence can claim the Homestead Exemption, which reduces taxable home value by up to $50,000, according to the Florida Department of Revenue.
In addition, Brevard County offers a Limited-Income Seniors Exemption for residents age 65 or older who already qualify for the Homestead Exemption. For the 2024 tax year, the household income limit to qualify was $37,694. Some municipalities, including the City of Melbourne, also approve additional local exemptions (often another $25,000) for eligible seniors. Residents should confirm current thresholds each year with the Brevard County Property Appraiser.
Melbourne Health Care
Active adults and retirees will find a strong health care infrastructure on Florida’s Space Coast, and the Melbourne area is no exception.
The region’s principal hospital, Holmes Regional Medical Center, is ranked No. 1 in the Palm Bay-Melbourne metropolitan area and No. 24 in Florida, according to U.S. News & World Report. This facility is the only Level II trauma center serving Brevard and Indian River Counties. It also features a Heart Center that, according to the hospital, “performs more cardiac procedures than all other hospitals in Brevard.” The hospital reports having more than 500 physicians on staff and provides a wide range of specialty care.
Another top option is Orlando Health Melbourne Hospital, a 119-bed facility with all private rooms. Melbourne Regional has earned a Leapfrog Hospital Safety Grade of “A”, one of the nation’s top distinctions for patient safety and care.
Together, these hospitals ensure that Melbourne residents have access to advanced cardiac and trauma services, comprehensive specialty care, and accredited facilities. These are key advantages for retirees and active adults who value having quality health care close to home.
Where to Live in Melbourne
Living in Melbourne promises a range of opportunities to enjoy an active physical and social lifestyle. Residents can be as active or carefree as they want, whether they prefer to spend the whole day soaking in the sun on a sandy beach, shopping downtown, or visiting local attractions.
For a day out on the town, residents can park in Melbourne and peruse the walkable city streets lined with shops, restaurants, and attractions, such as the Henegar Center for the Arts. Active adults can also check out one of the local museums or visit the Brevard Zoo, which features a unique opportunity to kayak through the African exhibit.
For a day trip out of the city, active adults can visit destinations like the Air Force Space and Missile Museum of Cape Canaveral or reach Orlando and Disney World within 70 minutes.
The city also offers access to the Atlantic Ocean and sandy beaches like Melbourne Beach, Indian Harbour Beach, and Satellite Beach. Residents looking to stay dry while they spend time outdoors can visit the nearby River Lakes Conservation Area, which features 782,033 acres of land, as well as local parks like Wickham Park and Crane Creek Preserve.
55+ Communities in Melbourne
There are currently five 55+ communities near Melbourne. These communities offer an age-restricted lifestyle with access to amenities, social activities, and low-maintenance homes.
55+ Communities West Melbourne
In West Melbourne, active adults can find two smaller 55+ communities. These age-restricted communities feature low-maintenance homes as well as amenities and activities that encourage neighbors to meet each other.
FAQ: Is Melbourne, Florida, a Good Place to Retire?
1. What makes Melbourne, Florida, appealing to retirees?
Melbourne blends small-town charm with big-city convenience. Retirees love the area’s beautiful beaches, outdoor recreation, low taxes, and affordable housing. It’s also part of Florida’s Space Coast, offering unique attractions like the Kennedy Space Center and waterfront dining along the Indian River Lagoon.
2. Is Melbourne, Florida, tax-friendly for retirees?
Yes. Like the rest of Florida, Melbourne has no state income tax, which means Social Security benefits, pensions, and withdrawals from retirement accounts aren’t taxed at the state level. Homeowners can also benefit from homestead exemptions and additional tax breaks for seniors.
3. What is the climate like in Melbourne, Florida?
Melbourne experiences a humid subtropical climate, characterized by mild winters and warm summers. Average winter highs stay in the 70s, while summer highs reach the upper 80s. Though summers are humid and bring afternoon rain, the sunshine and coastal breezes make outdoor living enjoyable year-round.
4. Are hurricanes common in Melbourne, Florida?
Melbourne is located on Florida’s east coast, so it is exposed to hurricanes during the Atlantic hurricane season (June–November). However, major storms are relatively rare, and residents can mitigate risks by maintaining insurance and following local preparedness guidelines.
5. What health care options are available in Melbourne, Florida?
The city offers excellent medical facilities, including Holmes Regional Medical Center, which is ranked among the top hospitals in Florida, as well as Orlando Health Melbourne Hospital. Residents have access to specialists, advanced cardiac care, and top-rated local physicians.
6. Does Melbourne, Florida, offer an active lifestyle for retirees?
Absolutely. Melbourne’s location along the Atlantic Coast and Indian River Lagoon provides endless opportunities for boating, fishing, kayaking, and beach walks. The area also features golf courses, pickleball courts, nature preserves, and a variety of community events throughout the year.
7. How does Melbourne, Florida, compare to other Florida retirement destinations?
Compared to larger cities like Orlando or Miami, Melbourne is quieter, more affordable, and less crowded, yet still offers access to quality health care and entertainment. It’s a great option for retirees seeking coastal living without the congestion of big cities.
8. What is the population of Melbourne, Florida?
Melbourne has a population of around 85,000 residents, creating a mid-sized coastal town feel. This balance allows retirees to enjoy both community intimacy and convenient access to shopping, dining, and cultural activities.
9. Is Melbourne, Florida, a good choice for snowbirds?
Yes. Melbourne is an excellent destination for seasonal residents seeking to escape the northern winters. Its rental-friendly communities, proximity to nearby airports, and warm climate make it ideal for snowbirds who want a second home or a temporary stay.
10. How can I find 55+ homes or apartments for rent in Melbourne, Florida?
You can browse listings and compare communities at 55places.com, where you’ll find detailed information about active adult neighborhoods, amenities, and home options throughout Melbourne and the Space Coast region. A local 55places real estate expert can also help you find the perfect home that fits your budget and lifestyle.
Ready to Make the Move? 55places Can Help
To discover more exciting 55+ communities in Melbourne, we invite you to contact 55places.com today. Our experienced team of real estate experts will guide you through the top options in your area and help you make a seamless transition from your current home to a 55+ community. We look forward to helping you make your next move the best one yet!
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