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Melbourne, IA Real Estate

Melbourne, Iowa is located in Marshall County. Nearby cities and towns include Rhodes, State Center, Haverhill, Baxter, Laurel, Collins, Marshalltown, Clemons, Colo, Ferguson, Albion, St. Anthony, Mingo, Maxwell, Gilman, Lambs Grove, Newton, Le Grand, Liscomb, Zearing, Green Mountain, Kellogg, Valeria, Nevada, Colfax, Montour, Union, Oakland Acres, McCallsburg, Cambridge, Conrad, Whitten, Mitchellville, New Providence, Beaman, Elkhart, Grinnell, Garwin, Bondurant, and Prairie City. Melbourne is a rural community with a population of 842. The median household income is $47,221. In Melbourne, 54% of residents are married, and families with children reside in 34% of the households. Half the population of Melbourne commutes 22 minutes or less to work, with 58% of residents holding white collar jobs and 42% residents holding blue collar jobs. The median age of homes in Melbourne, IA is 47 years, with 67% of those homes owned, 24% rented, and 9% not occupied. In the previous year, 10 Melbourne properties were sold. The median sale price of a home in Melbourne in the previous year was $69,590.

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Melbourne, IA Local Market & Demographic Data

Married vs. single

Melbourne, IA
  • 46% Single
  • 54% Married
Iowa
  • 45% Single
  • 55% Married

Male VS. Female

Melbourne, IA
  • 49% Female
  • 51% Male
Iowa
  • 50% Female
  • 50% Male

Average Age of Citizens in Melbourne, IA

  • 36
  • 39
  • Melbourne, IA
  • Iowa

Average Age of Homes in Melbourne, IA

  • 47
  • 41
  • Melbourne, IA
  • Iowa

Vacant Homes in Melbourne, IA

  • 9%
  • 9%
  • Melbourne, IA
  • Iowa

Average INCOME of Citizens

  • $55,498
  • $62,861
  • Melbourne, IA
  • Iowa

Owned Homes vs. Rented Homes

Melbourne, IA
  • 67% Owned
  • 24% Rented
Iowa
  • 64% Owned
  • 27% Rented