Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.4 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 15.0% ▲ 50% above avg |
| College Grads | 38.3% ≈ Avg |
| Unemployment | 7.2% ▲ 47% above avg |
| No HS Diploma | 16 (4.1%) |
| HS Graduate | 96 (24.9%) |
| Some College | 56 (14.5%) |
| Associates | 70 (18.1%) |
| Bachelors | 34 (8.8%) |
| Graduate Degree | 114 (29.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,188 ▼ 25% below avg |
|---|---|
| Median Home Value | $86,900 ▼ 69% below avg |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $821/mo |
| Total Housing Units | 310 |
| Vacant Units | 50 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Melvin is a city in Illinois, located in Ford County. The city spans 1 ZIP code and is home to approximately 654 residents. It is a middle-aged city, with a median age of 39.4 years.
Economically, Melvin is a solidly middle-class community. The median household income of $57,188 is below the national average. Approximately 15.0% of residents live below the poverty line. The unemployment rate is 7.2%, above the national average.
The real estate market in Melvin is one of the more affordable housing markets in the country. Median home values stand at $86,900, which is well below the national average. Renters typically pay around $821 per month. Homeownership is high at 85.8%, typical of suburban and family-oriented communities.
The population of Melvin is moderately educated. 38.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.74%).
Melvin, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60952 | 654 | $57,188 | $86,900 | $821 | 7.2% | 38.3% | 85.8% |