Last updated: 2024 BLS data · Page refreshed:
Melvin Village has a population of 324 with a median age of 58.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 324 |
| Median Age | 58.4 |
| White | 100.0% |
The median household income in Melvin Village is $101,298, which is 25.7% above the national median of $80,610. The per capita income is $41,064.
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In Melvin Village, 100.0% of residents age 25+ have a high school diploma or higher, and 14.9% hold a bachelor's degree or higher (7.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 100.0% |
| Bachelor's Degree or Higher | 14.9% |
| Graduate or Professional Degree | 7.8% |
The median home value in Melvin Village is $428,300, above the national median of $303,400. The homeownership rate is 100.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $428,300 |
| Homeownership Rate | 100.0% |
| Vacancy Rate | 59.5% |
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