All Countries
Melrose, IA
Full City Profile · Iowa · Wayne County County
1.6
/5.0
D
Poor
139
Population
136/sq mi density
$56,250
Median Income
$19,979 per capita
50°F
Avg Temperature
275 sunny days/yr
26
Violent Crime/100K
1,000 property/100K
D
Overall
1.6 / 5.0
Below average overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$56,250 median income, 14.2% unemployment
F
Safety
1.0 / 5.0
26 violent crimes/100K
F
Education
1.3 / 5.0
4.1% bachelor's degree or higher
Housing Overview
Homeownership Rate
98.1%
50% above US avg (65.4%)
Total Housing Units
64
Median year built: 1950
Ownership vs. Renting
98.1%
Owner-Occupied
1.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Affordability & Housing Stock
Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
98.1%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $168,678 |
Rent
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 98.1% |
| Renter-Occupied | 1.9% |
| Homeownership Rate | 98.1% |
| Total Housing Units | 64 |
| Median Year Built | 1950 |
| Rent Burden | 24.6% |