Mellott, IN
Full City Profile · Indiana · Fountain County County
4.0
/5.0
A
Great
198
Population
582/sq mi density
$84,792
Median Income
$39,933 per capita
$152,800
Home Value
$141,057 Zillow
$480
Median Rent
37.0% income on rent
51°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.4 / 5.0
$84,792 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$152,800 home value, $480/mo rent
C
Education
2.5 / 5.0
18.5% bachelor's degree or higher
Housing Overview
Median Home Value
$152,800
46% below
US avg: $281,900
Median Rent
$480/mo
59% below
US avg: $1,163/mo
Homeownership Rate
84.5%
29% above US avg (65.4%)
Total Housing Units
71
Median year built: 1978
Home Value by Source
Census Median
$152,800
Zillow (ZHVI)
$141,057
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.5%
Owner-Occupied
15.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$480/mo
Affordability & Housing Stock
Rent Burden
37.0%
of renters spending 30%+ of income on housing
19% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
84.5%
Complete Housing Data
Home Values
| Census Median Value | $152,800 |
| Zillow Home Value (ZHVI) | $141,057 |
Rent
| Census Median Rent | $480 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 84.5% |
| Renter-Occupied | 15.5% |
| Homeownership Rate | 84.5% |
| Total Housing Units | 71 |
| Median Year Built | 1978 |
| Rent Burden | 37.0% |