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Melrose, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
115
Population
$56,250
Median Income
$75,000
Home Value
51.5
Median Age

Demographics

Melrose has a population of 115 with a median age of 51.5. Here is the racial and ethnic breakdown of the population:

White
94.8%
Other
4.3%
Asian
0.9%
Demographic Value
Total Population115
Median Age51.5
White94.8%
Asian0.9%
Other / Two or More Races4.3%
Melrose, Iowa — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.8%Other: 4.3%Other: 0.9%115PopulationWhiteWhite94.8%OtherOther4.3%OtherOther0.9%

Income & Economy

The median household income in Melrose is $56,250, which is 30.2% below the national median of $80,610. The per capita income is $21,000. The poverty rate is 28.7%.

$56,250
Median Household Income
$21,000
Per Capita Income
28.7%
Poverty Rate

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Education

In Melrose, 90.2% of residents age 25+ have a high school diploma or higher, and 3.7% hold a bachelor's degree or higher.

HS Diploma+
90.2%
Bachelor's+
3.7%
Education Level % of Adults (25+)
High School Diploma or Higher90.2%
Bachelor's Degree or Higher3.7%

Housing

The median home value in Melrose is $75,000, below the national median of $303,400. The homeownership rate is 95.9%.

$75,000
Median Home Value
95.9%
Homeownership Rate
Housing Metric Value
Median Home Value$75,000
Homeownership Rate95.9%
Vacancy Rate14.0%

Salaries in Iowa

Explore salary data for popular occupations in Iowa:

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Other Cities in Iowa

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Frequently Asked Questions

What is the population of Melrose, Iowa?
The population of Melrose, Iowa is 115 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Melrose, Iowa?
The median household income in Melrose, Iowa is $56,250. This is 30.2% below the national median of $80,610.
What is the median home value in Melrose, Iowa?
The median home value in Melrose, Iowa is $75,000.
What percentage of people in Melrose have a college degree?
In Melrose, Iowa, 3.7% of adults age 25 and older hold a bachelor's degree or higher, and 90.2% have a high school diploma or higher.
Is Melrose, Iowa an affordable place to live?
The home price-to-income ratio in Melrose, Iowa is 1.3x (median home value $75,000 vs. median income $56,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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