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Melvin, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
430
Population
$43,958
Median Income
$66,300
Home Value
30.7
Median Age

Demographics

Melvin has a population of 430 with a median age of 30.7. Here is the racial and ethnic breakdown of the population:

White
84.7%
Other
10.8%
Hispanic
4.0%
Demographic Value
Total Population430
Median Age30.7
White84.7%
Black or African American0.5%
Hispanic or Latino4.0%
Other / Two or More Races10.8%
Melvin, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 84.7%Other: 10.8%Hispanic/Latino: 4.0%Other: 0.5%430PopulationWhiteWhite84.7%OtherOther10.8%Hispanic/LatinoHispanic/Latino4.0%OtherOther0.5%

Income & Economy

The median household income in Melvin is $43,958, which is 45.5% below the national median of $80,610. The per capita income is $25,370. The poverty rate is 20.2%.

$43,958
Median Household Income
$25,370
Per Capita Income
20.2%
Poverty Rate

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Education

In Melvin, 87.3% of residents age 25+ have a high school diploma or higher, and 13.0% hold a bachelor's degree or higher (5.1% with a graduate or professional degree).

HS Diploma+
87.3%
Bachelor's+
13.0%
Graduate+
5.1%
Education Level % of Adults (25+)
High School Diploma or Higher87.3%
Bachelor's Degree or Higher13.0%
Graduate or Professional Degree5.1%

Housing

The median home value in Melvin is $66,300, below the national median of $303,400. The median monthly rent is $681. The homeownership rate is 81.6%.

$66,300
Median Home Value
$681/mo
Median Rent
81.6%
Homeownership Rate
Housing Metric Value
Median Home Value$66,300
Median Monthly Rent$681
Homeownership Rate81.6%
Vacancy Rate14.4%

Salaries in Illinois

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Other Cities in Illinois

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Frequently Asked Questions

What is the population of Melvin, Illinois?
The population of Melvin, Illinois is 430 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Melvin, Illinois?
The median household income in Melvin, Illinois is $43,958. This is 45.5% below the national median of $80,610.
What is the median home value in Melvin, Illinois?
The median home value in Melvin, Illinois is $66,300. The median monthly rent is $681.
What percentage of people in Melvin have a college degree?
In Melvin, Illinois, 13.0% of adults age 25 and older hold a bachelor's degree or higher, and 87.3% have a high school diploma or higher.
Is Melvin, Illinois an affordable place to live?
The home price-to-income ratio in Melvin, Illinois is 1.5x (median home value $66,300 vs. median income $43,958), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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