Real Estate details: Melvin IL vs Lawrence MA
RE Insights
| Metric | Melvin | Lawrence |
|---|---|---|
| Population | 411 | 87,954 |
| Median Home Price | $95,000 | $375,000 |
| Rent | 15% | 70% |
| Own | 85% | 30% |
Real Estate Insights Comparison: Melvin vs Lawrence
- The population in Lawrence is greater at 87,954 compared to 411 in Melvin.
- The median home price in Lawrence is higher at $375,000 compared to $95,000 in Melvin.
- The rent percentage in Lawrence is higher at 70% compared to 15% in Melvin.
- A greater percentage of homeowners in Melvin at 85% compared to 30% in Lawrence.
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.