States · Illinois · Ford County

Melvin, Illinois.

Typical home $124,602 (+3.1% in a year). Pontiac, IL metro.

What it costs per month · Melvin $654/mo

to buy the typical home at today's mortgage rate — +$262 (+67%) since Jan 2020.

What the home itself did
1 year
Up $3,794 +3%
$120,808$124,602 since Sep 2025
5 years
Up $11,454 +10%
$113,148$124,602 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Melvin $654 Illinois $1,553 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Melvin$654
  • Illinois$1,553
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 36 years.

Typical home values in Melvin, IL rose 3.1% over the past year — faster than the nation's +1.2%.

Living in Melvin, Ford County, Illinois

Melvin is a village of 416 people in Ford County. 82% of its homes are lived in by their owners and 18% are rented. Unemployment in Ford County was 3.6% in August 2026, and the county had 3.5% fewer jobs in 2025 than the year before. The most people in Ford County work in schools and health care, then shops.

People 416 in the 2020 census
Household income Too few homes in Melvin for the Census survey to measure.
Unemployment 3.6% Ford County, August 2026; 4.7% a year before
Homes 82% lived in by their owners; 18% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Melvin is a very small village in Ford County, Illinois, so most people here know one another by sight. Most homes are lived in by their owners, a higher share than in many places, and typical home values are modest. Winters are cold and snowy, with January the coldest month, and summers turn properly warm by July. The year brings a fair amount of rain and melted snow.

Work. Residents work mainly in schools, hospitals and social care, in shops, in manufacturing, and in professional and business services. Across Ford County, some of the largest workplaces are Gibson Area Hospital and Health Svcs, the Paxton-Buckley-Loda CUD 10 Schools district and Gibson City-Melvin-Sibley CUSD 5. Few adults here hold a four-year degree, and very few work from home, so most people travel to a job, with a commute of a fairly ordinary length being typical. Unemployment across the county is lower than it was a year earlier, though the county has fewer jobs than it did the year before.

Things to do. For time outdoors, Bayles Lake, a reservoir, and Lake Iroquois, a lake, are both a short drive away. A longer drive leads to the Sangamon River, a river, and to the Octave Chanute Aerospace Museum, a museum. The prairie landscape around Melvin suits unhurried days on the water or out for a drive.

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  • 179households
  • 13%of adults have a degree
  • 22 mintypical commute
  • 4%work from home

What people in Ford County work in

  • Schools, hospitals and social care25%
  • Shops (retail)13%
  • Manufacturing10%
  • Professional and business services8%
  • Transport, warehouses and utilities8%
  • Banks, insurance and property7%

Employed residents by industry, from the Census survey. Ford County had 5,525 jobs in 2025, 3.5% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 32° and 16°; warmest in July, 84° and 64° 20° 40° 60° 80° J 32° 16° F M A M J J 84° 64° A S O N D
Average daily high and low for each month: coldest in January, 32° and 16°; warmest in July, 84° and 64° 20° 40° 60° 80° J 32° 16° F M A M J J 84° 64° A S O N D

Coldest in January, with highs near 32° and lows near 16°; warmest in July, with highs near 84° and lows near 64°. About 18 inches of snow and 38 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Gibson City weather station, 9 miles away (NOAA).

Largest workplaces in Ford County

  1. Gibson Area Hospital and Health SvcsCritical access hospital631FTE
  2. Paxton-Buckley-Loda CUD 10 SchoolsSchool district200FTE
  3. Gibson City-Melvin-Sibley CUSD 5School district160FTE
  4. Colmac Coil MidwestAir-conditioners, unit, manufacturing158
  5. IFF-Gibson CitySoybean protein concentrates made in crushing mills149
  6. AZCO Earthrise SolarIndustrial building construction, general contractors139
  7. Accolade Healthcare of Paxton on PellsSkilled nursing facilities133
  8. Tri Point CUSD 6-JSchool district107FTE

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 17 workplaces with 20 or more staff, 2,082 people in all across the county; Melvin has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Strong windRelatively high
  2. Cold wavesRelatively high
  3. DroughtRelatively moderate
  4. HailRelatively moderate
  5. TornadoesRelatively moderate
  6. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Melvin’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Ford County and the Pontiac, IL metro.

Melvin home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 Melvin $124,602 Illinois $295,943 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • Melvin$124,602
  • Illinois$295,943
  • United States$366,157

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Zip codes with a Melvin address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Melvin — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Melvin