Melvin, IL
430Residents
$43,958Median household income
$681/moMedian gross rent
$66,300Median home value
30.7Median age
13%Adults with a bachelor’s degree or higher
82%Homes lived in by their owners
1.5×Home value to household income
Median rent takes about 19% of the median household income in Melvin.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $27,000 a year. In Illinois that leaves roughly $1,876 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.