Melbourne city, Iowa Demographics & Population 2026
As of 2026, Melbourne city, Iowa has a total population of 714, the 388th largest city in Iowa, with a median household income of $82,857, which is 13% higher than the state average. The poverty rate is 4.8%.
Key Takeaways
- An exceptionally low poverty rate of 4.8% — among the lowest in Iowa.
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
Melbourne city Quick Facts
How Melbourne city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 30 | National average: 60
Education
Educational Attainment (Adults 25+)
Melbourne city Rankings in Iowa
Explore Iowa Rankings
Cities Similar to Melbourne city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Ventura city | 708 | $83,125 | $344,800 | 38.4% | 6.5% |
| Boyden city | 702 | $81,354 | $175,300 | 18.6% | 11.5% |
| Gilbertville city | 736 | $83,750 | $187,500 | 26.3% | 4.2% |
| Walker city | 731 | $80,556 | $162,100 | 16.2% | 10.4% |
| Elkhart city | 680 | $81,771 | $241,700 | 25.8% | 9.8% |
Population Overview
Melbourne city is a small community located in Iowa. The total population is 714. It ranks as the 388th most populous out of 1,018 cities and towns in Iowa.
Age Demographics
The median age in Melbourne city is 39.3 years. This is 2% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Melbourne city is $82,857. This is 13% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 5% higher. The poverty rate stands at 4.8%. This is 57% lower than the state poverty rate of 11.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.5%. This is 24% higher than the state rate of 3.6%. The median home value is $147,400. Housing costs are 25% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.8x, Melbourne city is one of the most affordable housing markets in the area. 74.8% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 71.5%.
Race & Ethnicity
Melbourne city has a predominantly White (non-Hispanic) population, comprising 98.2% of all residents. Hispanic or Latino residents account for 1.0%. The Hispanic or Latino population (1.0%) is well below the state average of 7.0%.
Education
19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.8%.
Data Sources & Methodology
All demographic data for Melbourne city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Melbourne city, Iowa?
Melbourne city, Iowa has a population of 714 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Melbourne city, IA?
The median household income in Melbourne city is $82,857, which is 5% higher the national median of $78,538.
What is the poverty rate in Melbourne city, IA?
The poverty rate in Melbourne city is 4.8%. This means approximately 34 residents live below the federal poverty line.
What is the racial makeup of Melbourne city, Iowa?
Melbourne city's population is 98.2% White, 0.0% Black, 1.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Melbourne city, IA?
The median home value in Melbourne city is $147,400. The home-value-to-income ratio is 1.8x.
How educated is Melbourne city, Iowa?
19.4% of adults (25+) in Melbourne city hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.