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Melba, Australia
Full City Profile
3.2
/5.0
B
Good
3,063
Population
66/sq mi density
1,949 ft
Elevation
594 meters
49°F
Avg Temperature
10°C
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$37,788 median income, 3.9% unemployment
B
Affordability
3.3 / 5.0
$225,400 home value, $1,127/mo rent
Housing Overview
Median Home Value
$225,400
20% below
US avg: $281,900
Median Rent
$1,127/mo
3% below
US avg: $1,163/mo
Homeownership Rate
79.1%
21% above US avg (65.4%)
Total Housing Units
1,225
Ownership vs. Renting
79.1%
Owner-Occupied
20.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $225,400 |
Rent
| Census Median Rent | $1,127 |
Market
Ownership & Stock
| Owner-Occupied | 79.1% |
| Renter-Occupied | 20.9% |
| Homeownership Rate | 79.1% |
| Total Housing Units | 1,225 |