Real Estate details: Madison NC vs Melvin IL
RE Insights
Metric | Madison | Melvin |
---|---|---|
Population | 21,768 | 411 |
Median Home Price | $205,000 | $95,000 |
Rent | 23% | 15% |
Own | 77% | 85% |
Real Estate Insights Comparison: Madison vs Melvin
- Madison has a larger population of 21,768 compared to 411 in Melvin.
- A higher median home price of $205,000 is found in Madison compared to $95,000 in Melvin.
- Rent in Madison is higher at 23% compared to 15% in Melvin.
- More homeowners can be found in Melvin at 85% compared to 77% in Madison.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.