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Melba, ID Real Estate


According to census data in the year 2000 there were 166 housing units in Melba. This represents a 50.9% growth from 110 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 166 were located in what is classified as a rural area.

Homeownership rate in Melba is about 61.9%. Melba's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.81 people.

The majority of houses, apartments or condos in Melba were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom19.90%
Two Bedrooms25.30%
Three Bedrooms37.30%
Four Bedrooms13.30%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1972
Median Value of occupied units$82,500
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1970

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.40%
Home Equity Loan0%
Simple Mortgage69.90%
Debt Free21.70%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%