Melvin, IL Real Estate
According to census data in the year 2000 there were 219 housing units in Melvin.
This represents a 1.4% growth from 216 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 219 were located in what is classified as a rural area.
Homeownership rate in Melvin is about 85%.
Melvin's vacancy rate, including seasonal lodging, is about 11.9%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Melvin were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||3.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.51|
|Median year structure was built||1939|
|Median Value of occupied units||$45,600|
|Median Price asked for vacant units||$30,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.1|
|Median year structure was built||1953|
|Median Monthly Rent asked for vacant units||$335|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||9.9%|