Indiana · Census place 48294
Mellott town, IN
Quick answer
Mellott town has 198 residents, ranking #719 of 976 places in Indiana. Median household income is $84,792, the median home is worth $152,800 and median gross rent runs $480 a month.
- Population
- 198Mellott town residents
- Median household income
- $84,792Past 12 months, inflation adjusted
- Median home value
- $152,800Owner-occupied units
- Median gross rent
- $480Rent plus utilities, monthly
- Median age
- 36.7 yrsAll residents
- Homeownership rate
- 84.5%Owner-occupied households
What the numbers mean in Mellott town
Housing cost measured against local earnings.
A household earning the Mellott town median would spend about 6.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.6% of residents and 84.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Blue Ridge CDP 201
- Craigville CDP 199
- Salamonia town 199
- Dunreith town 196
- Lake Bruce CDP 196
- Hillsdale CDP 195
- Leiters Ford CDP 194
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