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AREA INFORMATION

Melrose, IA

Explore the real estate in Melrose, IA

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Area Highlights

Melrose, IA residents have a median age of 46.5 years old, with employment highest in the healthcare practitioners and sales industries.

114 Population

The population has increased by 3.6% since the year 2010.

53 Households

$65,000 /yr
Median Household Income

35m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

46.5 Median Age

Average Household Size

2.2
persons per
household

50.9%

Married Households

Community Population By Education

High School Graduate 36%
Some College 27%
Bachelors Degree 18%
Associates Degree 10%
Some High School 5%
Graduate Degree 5%

Household Family Expenses vs National Average

20.8% of households have children

Economics

$65,000 /yr
Median Household Income
$0
Median Sales Price
35 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 91%
  • Work from Home 8%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 47 58%
Vacant 28 35%
Rented 6 7%

White vs Blue Collar Jobs







Blue Collar 52%
White Collar 48%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 98%
Hispanic <1%
Black <1%
Asian <1%
Native American <1%
Other <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

87° July
Hottest Average Month
13° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
32°
Feb
17°
36°
Mar
28°
48°
Apr
40°
62°
May
51°
73°
Jun
60°
82°
Jul
65°
87°
Aug
62°
85°
Sep
54°
77°
Oct
42°
66°
Nov
30°
49°
Dec
18°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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