Melvin Village, NH
Population 320 · New Hampshire
About Melvin Village, NH
Melvin Village is a small community located in New Hampshire with a population of 320 residents according to the latest US Census Bureau American Community Survey data. The median household income is $120,250 per year, which is 60% above the national median of $75,149. The median age of 58.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Melvin Village features a median home value of $423,900, which is 73% above the national median of $244,900. This places Melvin Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 296 total housing units, 100% are owner-occupied (111 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Melvin Village shows an unemployment rate of 19.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Melvin Village have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
2.4% of Melvin Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 5.9% of the population being foreign-born.
How Melvin Village Ranks in New Hampshire
Cost of Living in Melvin Village, NH
Compared to national averages, Melvin Village has a median household income of $120,250 (60% above the national median of $75,149). Home values average $423,900, which is 73% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Hampshire, Melvin Village's income is 51% above the state average of $79,671, and home values are 40% above the state median of $303,204.
Why Live in Melvin Village, NH?
Melvin Village offers a strong local economy with a median household income of $120,250, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $423,900. However, Melvin Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Melvin Village has a population of 320 with a median age of 58.2 years. Compare Melvin Village with other cities to see how it stacks up, or explore all cities in New Hampshire.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Melvin Village
What is the population of Melvin Village, NH?
The population of Melvin Village, NH is 320 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Hampshire.
What is the median household income in Melvin Village?
The median household income in Melvin Village, NH is $120,250 per year, which is 60% above the national median of $75,149.
What is the median home value in Melvin Village?
The median home value in Melvin Village, NH is $423,900, which is 73% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Melvin Village?
The median monthly rent in Melvin Village, NH is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Melvin Village?
The unemployment rate in Melvin Village, NH is 19.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Melvin Village, NH a good place to live?
Melvin Village offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 320 and a median age of 58.2, the city appeals to established professionals and retirees.
How educated is Melvin Village, NH?
2.4% of residents in Melvin Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Melvin Village?
Key cost-of-living indicators for Melvin Village, NH: median home value is $423,900 (73% above national), median rent is $0/month, and median household income is $120,250. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Melvin Village?
The poverty rate in Melvin Village, NH is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Melvin Village, NH?
Melvin Village's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.9% of residents are foreign-born.