Living in Melville, Rhode Island
Cost of living, income, home prices, rent and demographics of Melville · Census data 2020–2024
Melville has 1,631 residents with a median age of 28.8. The median household income is $102,266 (16% higher than the Rhode Island median), the median rent is $2,724/month.
Melville at a glance
- Population
- 1,631
- Median age
- 28.8State: 40.6
- Median household income
- $102,266State: $87,796
- Median rent
- $2,724/moState: $1,342
- Homeowners
- 4.6%
- Bachelor's degree or higher
- 59.5%
- Average commute
- 14 min
Is Melville a good place to live?
Pros: Median household income 16% higher than the Rhode Island median; an average commute of 14 minutes; unemployment of 4.1%; a poverty rate of 1.6%.
The weather is best in June to September.
Cost of living in Melville
Housing is the biggest part of the cost of living. In Melville the median home value is —. Renters pay a median of $2,724 per month, which is 31.7% of household income. Homeowners with a mortgage pay — a month in housing costs.
Melville median household income
The median household income in Melville is $102,266 and the income per person is $37,373. 1.6% of residents live below the poverty line (Rhode Island: 11.2%).
Housing in Melville: homes for sale and rent
- Housing units
- 586
- Owner-occupied
- 4.6%
- Renter-occupied
- 95.4%
- Vacant
- 14.5%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 3.21
Melville demographics
- Population
- 1,631
- Median age
- 28.8
- Under 18
- 31.6%
- 65 and older
- 1%
- Households
- 501
- Foreign-born
- 11.5%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Melville ›
Education in Melville
59.5% of adults 25 and older in Melville have a bachelor's degree or higher (Rhode Island: 37.7%), and 39.8% have a graduate or professional degree.
Jobs and commute in Melville
- Unemployment rate
- 4.1%State: 5.8%
- Average commute
- 14 minState: 26 min
- Work from home
- 2%
- Drive alone
- 92%
- Public transit
- 0%
- Walk to work
- 1.8%
- Homes with broadband
- 90.4%
Melville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Melville | 1,631 | $102,266 | — | $2,724 |
| Middletown | 16,832 | $101,948 | $563,300 | $1,990 |
| Newport East | 11,069 | $89,028 | $485,400 | $1,876 |
| Jamestown | 5,534 | $140,625 | $842,400 | $1,629 |
| Portsmouth | 17,644 | $117,467 | $597,000 | $1,719 |
| Newport | 24,874 | $86,313 | $746,900 | $1,698 |
| Tiverton | 16,189 | $106,036 | $411,900 | $1,247 |
| North Kingstown | 27,859 | $126,293 | $543,700 | $1,268 |
| Little Compton | 3,584 | $134,750 | $783,400 | — |
More for people moving to Melville
Melville ZIP code ›Weather and climate ›Living in Melville: FAQ
What is the median household income in Melville, RI?
The median household income in Melville is $102,266, 16% higher than the Rhode Island median of $87,796 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in Melville?
The median gross rent in Melville is $2,724 per month, about 31.7% of household income.
Is Melville, RI a good place to live?
Pluses: median household income 16% higher than the Rhode Island median; an average commute of 14 minutes; unemployment of 4.1%; a poverty rate of 1.6%.
What is the median age in Melville?
The median age in Melville is 28.8 years (Rhode Island: 40.6).
How long is the commute in Melville?
The average commute to work in Melville is 14 minutes; 2% of workers work from home.
What is the unemployment rate in Melville?
The unemployment rate in Melville is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Melville?
59.5% of adults in Melville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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