Michigan · Census place 52920
Melvin village, MI
Quick answer
Melvin village has 203 residents, ranking #683 of 745 places in Michigan. Median household income is $49,375, the median home is worth $103,800 and median gross rent runs $685 a month.
- Population
- 203Melvin village residents
- Median household income
- $49,375Past 12 months, inflation adjusted
- Median home value
- $103,800Owner-occupied units
- Median gross rent
- $685Rent plus utilities, monthly
- Median age
- 43.9 yrsAll residents
- Homeownership rate
- 77.6%Owner-occupied households
What the numbers mean in Melvin village
Housing cost measured against local earnings.
A household earning the Melvin village median would spend about 16.6% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 27.6% of residents and 77.6% 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 Michigan.
- Daggett village 212
- Twining village 209
- Owendale village 207
- Mass City CDP 202
- Carney village 198
- Marenisco CDP 198
- Michigamme CDP 196
Keep going
More Michigan coverage.