Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 58.2 yrs |
|---|---|
| Avg HH Size | 2.88 |
| College Grads | 22.8% ▼ 41% below avg |
| Unemployment | 19.3% ▲ 295% above avg |
| HS Graduate | 91 (37%) |
| Some College | 77 (31.3%) |
| Associates | 22 (8.9%) |
| Bachelors | 50 (20.3%) |
| Graduate Degree | 6 (2.4%) |
Education
Home Value Distribution
Financials
| Median HH Income | $120,250 ▲ 58% above avg |
|---|---|
| Median Home Value | $423,900 ▲ 52% above avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Total Housing Units | 296 |
| Vacant Units | 185 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Melvin Village is a city in New Hampshire, located in Carroll County. The city spans 1 ZIP code and is home to approximately 320 residents. It is an older city, with a median age of 58.2 years.
Economically, Melvin Village is a upper-middle-income community. The median household income of $120,250 is significantly above the national average. The unemployment rate is 19.3%, more than double the national average.
The real estate market in Melvin Village is a premium housing market. Median home values stand at $423,900, which is significantly above the national average. Homeownership is high at 100.0%, typical of suburban and family-oriented communities.
The population of Melvin Village is less-educated. 22.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (100%).
Melvin Village, NH offers residents above-average earning potential within New Hampshire.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 03850 | 320 | $120,250 | $423,900 | — | 19.3% | 22.8% | 100.0% |