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Melvin: Economy & Jobs

Households in Melvin earn a median $43,958 (1.4× below Ford County median $62,439; 1.9× below Illinois median $83,390), with homes at a median value of $66,300. The surrounding county supports 7,487 jobs (avg $61,683).

Income & Affordability

Median household income $43,958 — below the Illinois median ($77,902). Poverty rate 20.2% (U.S. average ~12.5%). 26% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income1.5×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income22.3%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened25.8%
Affordability · Poverty Rate20.2%
Affordability · Property Tax Pct Income2.6%
Irs Income · IRS tax returns filed$8,320
Irs Income · Total Adjusted Gross Income (thousands)$589,830
Irs Income · Average AGI per return$70,893 (vs Illinois $100,597)
Irs Income · Year2022
Income Estimate$39,883
Median Household Income$43,958 (vs Illinois $77,902)
Poverty Rate20.2%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforceblue_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelworking-class
Economic Character · Median Income$43,958

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 4.4% — above the U.S. average of ~4%. 4% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct3.6%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)7,487
Employment · Total annual wages (county)$461,791,304
Employment · Average annual pay$61,683
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment6,011,660
Unemployment Rate4.4% (vs Illinois 3.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms526
Agriculture · Land In Farms Acres414
Agriculture · Avg Farm Size Acres80.0%
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Soybeans, Animal Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)404
Business Patterns · Total Employees5,644
Business Patterns · Annual Payroll Thousands315,528
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores4
Local Businesses · Liquor Stores3
Local Businesses · Gas Stations9
Local Businesses · General Merchandise5
Local Businesses · Florists4
Local Businesses · Auto Repair5
Local Businesses · Funeral Homes6
Local Businesses · Real Estate Offices7

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants16
Dining Scene · Fast Food16
Dining Scene · Bars4

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (1)

Bank of Pontiac
MELVIN BRANCH · 100 East Main Street · 60952

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (3)

Kirby Foods Paxton 400
Supermarket · 144 W Pells St
Casey's General Store 2025
Convenience Store · 585 S Market St
Dollar General 3843
Other · 755 S Railroad Ave
Nearest Snap · NameDOLLAR GENERAL 19379
Nearest Snap · Distance4.0 mi

Sources: USDA SNAP — nearest by coordinates

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameLOMBARD AREA CHAMBER OF COMMERCE AND INDUSTRY

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$115,544,304
Federal Spending · Per Capita6,185.79 (vs Illinois $6,804)
Federal Spending · Population18,679 people (vs Illinois 39,460)

Sources: USAspending API

Other

Pct Drove Alone86.7%
Pct Public Transit1.0%
Pct Walked3.6%
Retirement Score · Median age30.7 years (vs Illinois 37.7y)
Retirement Score · Ss Household Pct27.4%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12