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IL area data

Melvin, IL

Melvin, IL.

Population: 683 (Census ACS)

Home values & appreciation

Median home value
$124,976
1-year appreciation
-0.1%
3-year appreciation
+7.6%
5-year appreciation
+5.6%
10-year appreciation
+30.5%
All-time peak (2025-02)
$129,779
House Price Index
325.3 (+6.1% YoY)

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave

Climate (30-year normals)

Annual precipitation
40.7 in

Amenities

Nearest airport
Schertz Field (4 mi)
Nearest major airport
Central Illinois Regional Airport at Bloomington-Normal (BMI) (33 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-52 tax filers

Housing stock

Median year housing built
1,949
Median annual property tax
$1,750
Households with broadband internet
52.9%

Employment & development

Total county employment
4,664
Average weekly wage
$1,105
Top industries (by employment)
Wholesale Trade, Administrative Services, Construction
Annual residential building permits (county)
2

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents