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ZipNumbers

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

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