Melvin, IA

Full City Profile · Iowa · Osceola County County

3.1 /5.0
B Good
311 Population 1,944/sq mi density
$65,795 Median Income $27,803 per capita
$51,500 Home Value $135,559 Zillow
$600 Median Rent 20.8% income on rent
45°F Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$65,795 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$51,500 home value, $600/mo rent
D
Education
1.6 / 5.0
7.7% bachelor's degree or higher

Melvin, IA

At a Glance

Median Income
$65,795
12% below
$27,803 per capita
Home Value
$51,500
82% below
Zillow: $135,559
Median Rent
$600/mo
48% below
20.8% of income on rent
Bachelor's Degree+
7.7%
77% below
66.3% high school+
Unemployment
4.8%
33% above
26.9% poverty rate
Obesity Rate
39.3%
22% above
17.3% smoking rate
Avg Temperature
45°F

How Melvin Compares to the U.S. Average

Each bar shows Melvin's value as a percentage of the national average (100% = U.S. avg)

Income
88%
Home Value
18%
Rent
52%
Poverty
217%
Bachelor's
23%
Unemployment
133%
Thin vertical line = U.S. national average (100%)

Is Melvin a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Melvin residents earn a median household income of $65,795 , which is 12% below the national average of $75,149. Per capita income is $27,803. The unemployment rate stands at 4.8% (33% above the U.S. rate of 3.6%). 26.9% of residents live below the poverty line. The area is home to 272 business establishments, including 8 restaurants.

Housing & Cost of Living

The median home value in Melvin is $51,500 , 82% below the national median of $281,900. Zillow estimates the typical home at $135,559. Median rent is $600/month, with 20.8% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1951.

Education

7.7% of adults in Melvin hold a bachelor's degree or higher (77% below the national average). 66.3% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Melvin has an average annual temperature of 45°F (7°C). Winters average 15°F in January while summers reach 72°F in July. Annual precipitation totals 32.1 inches.

Data Overview

People

Population311
Median Age31.8 yrs
Density1,944/mi²
Male / Female57% / 43%
Foreign Born7.7%
Veterans5.9%

Economy

C+
Median Income$65,795
Per Capita$27,803
Unemployment4.8%
Poverty26.9%
County GDP$602M
Avg Weekly Wage$959

Housing

A+
Home Value$51,500
Rent$600
Ownership79.4%
Zillow$135,559
Housing Units142
Rent Burden20.8%

Health

Obesity39.3%
Diabetes10.3%
Smoking17.3%
Heart Disease5.9%
Premature Death8,292/100K

Climate

Avg Temp45°F
Rain32.1 in/yr
Elevation1,578 ft

Education

D
Bachelor's+7.7%
High School+66.3%
Graduate+0.0%
School Score5.8/10

Community

2024 VoteR 81% / D 17%
Commute18 min
Broadband89.7%
Internet Speed88 Mbps
EV Stations1
Libraries4

Did You Know?

The median home in Melvin was built in 1951.
The nearest airport is Joe Foss Field (60 miles).
The Gini coefficient (income inequality) is 0.404 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
19.3% of the population has a disability.
The county recorded 2 fatal vehicle crashes.