Melvin, IA
Population 311 · Iowa
About Melvin, IA
Melvin is a small community in Iowa with a population of 311 residents. The median household income is $65,795 per year, which is near the national average. The median age in Melvin is 31.8 years.
Housing in Melvin has a median home value of $51,500 and median monthly rent of $600. Of the 123 total housing units, the majority are owner-occupied, with 85 owner-occupied and 22 renter-occupied units.
The unemployment rate in Melvin is 4.8% and the poverty rate is 36.6%. 7.7% of residents hold a bachelor's degree or higher. The average commute time is 18.1 minutes.
Cost of Living in Melvin, IA
Compared to national averages, Melvin has a median household income of $65,795 (12% below the national median of $75,149). Home values average $51,500, which is 79% below the national median. Monthly rent at $600 is 48% below the US average of $1,163. Within Iowa, Melvin's income is 3% below the state average of $67,947, and home values are 61% below the state median of $132,237.
Why Live in Melvin, IA?
Melvin offers affordable housing with a median home value of $51,500, below the US average of $244,900, and rent that’s lower than the national average at $600/month, and short commute times averaging just 18.1 minutes.
Potential considerations include median household income ($65,795) that falls below the national average. However, Melvin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Melvin has a population of 311 with a median age of 31.8 years. Compare Melvin with other cities to see how it stacks up, or explore all cities in Iowa.
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Melvin
What is the population of Melvin, IA?
The population of Melvin, IA is 311 according to the latest Census data.
What is the median household income in Melvin?
The median household income in Melvin, IA is $65,795 per year.
What is the median home value in Melvin?
The median home value in Melvin, IA is $51,500.
What is the average rent in Melvin?
The median monthly rent in Melvin, IA is $600.
What is the unemployment rate in Melvin?
The unemployment rate in Melvin, IA is 4.8%.