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Melvin, IL

Full City Profile · Illinois · Ford County County

2.7 /5.0
C+ Fair
376 Population 1,074/sq mi density
$35,000 Median Income $23,601 per capita
$62,000 Home Value $110,651 Zillow
$817 Median Rent 20.0% income on rent
52°F Avg Temperature 275 sunny days/yr
150 Violent Crime/100K 1,676 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$35,000 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$62,000 home value, $817/mo rent
F
Safety
1.0 / 5.0
150 violent crimes/100K
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher

Housing Overview

Median Home Value
$62,000
78% below
US avg: $281,900
Median Rent
$817/mo
30% below
US avg: $1,163/mo
Homeownership Rate
84.5%
29% above US avg (65.4%)
Total Housing Units
234
Median year built: 1951

Home Value by Source

Census Median
$62,000
Zillow (ZHVI)
$110,651
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.5%
Owner-Occupied
15.5%
Renter-Occupied
85%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $817/mo

Affordability & Housing Stock

Rent Burden
20.0%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
84.5%

Complete Housing Data

Home Values

Census Median Value$62,000
Zillow Home Value (ZHVI)$110,651

Rent

Census Median Rent$817
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied84.5%
Renter-Occupied15.5%
Homeownership Rate84.5%
Total Housing Units234
Median Year Built1951
Rent Burden20.0%