Melbourne, IA 50162 has a population of approximately 1,257 and experiences a population change rate of 7.16%. The population density is 24.7 / sq mi .
Melbourne, IA 50162 has a population of approximately 1,257 and experiences a population change rate of 7.16%. The population density is 24.7 / sq mi .
The median household income for Melbourne, IA 50162 is $60,833, with 526 households and an average household size of 2.55.
The median value of a home in Melbourne, IA 50162 is $171,100 with an appreciation rate of 16.40%. 66.00% of housing in the state is owned while 29.64% is rented.
The cost of living in Melbourne, IA 50162 is 85.3 %.
The unemployment rate in Melbourne, IA 50162 is 5.70%, and recent job growth is at 0.02%. Future job growth is projected at 24.05%.
The sales tax rate in Melbourne, IA 50162 is 7.00%, while the income tax rate is 7.44% .
School expenditures in Melbourne, IA 50162 are $12,636, and the school ratio is 14.1:1.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 35.9 inches per year, with 27.3 inches of snow per year.