Melvin, Michigan has a population of 260, with a median household income of $68,200.
Current median income data for Melvin.
260
$68,200
5.10%
$266,000
4.70
158.00 Mbps
Melvin is a small local community located in Michigan. The city has a population that is below the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Melvin, located in Michigan, is a city that reflects important demographic and economic patterns within the region.
Melvin has a population of 260, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Melvin is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Melvin average around $266,000, which is relatively high compared to other cities in Michigan.
The unemployment rate in Melvin is 5.10%, which is lower than the state average, indicating a relatively strong job market. Melvin has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in Michigan, Melvin shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of Michigan, Melvin contributes to the broader economic and social landscape, offering insights into regional development.
The population of Melvin is approximately 260.
Melvin offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Melvin is around $68,200.
The average housing price in Melvin is approximately $266,000.