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Melton, Australia
Full City Profile
1.7
/5.0
D
Poor
7,999
Population
2/sq mi density
453 ft
Elevation
138 meters
54°F
Avg Temperature
12°C
D
Overall
1.7 / 5.0
Below average overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$18,218 median income, 9.5% unemployment
F
Affordability
1.4 / 5.0
$169,000 home value, $845/mo rent
Housing Overview
Median Home Value
$169,000
40% below
US avg: $281,900
Median Rent
$845/mo
27% below
US avg: $1,163/mo
Homeownership Rate
64.4%
2% below US avg (65.4%)
Total Housing Units
3,200
Ownership vs. Renting
64.4%
Owner-Occupied
35.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $169,000 |
Rent
| Census Median Rent | $845 |
Market
Ownership & Stock
| Owner-Occupied | 64.4% |
| Renter-Occupied | 35.6% |
| Homeownership Rate | 64.4% |
| Total Housing Units | 3,200 |