Melvin, IA
230Residents
$65,417Median household income
$538/moMedian gross rent
$68,000Median home value
41.3Median age
9%Adults with a bachelor’s degree or higher
91%Homes lived in by their owners
1.0×Home value to household income
Median rent takes about 10% 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 $22,000 a year. In Iowa that leaves roughly $1,574 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.