Last updated: 2024 BLS data · Page refreshed:
Melrose has a population of 3,671 with a median age of 38.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,671 |
| Median Age | 38.7 |
| White | 75.9% |
| Hispanic or Latino | 25.2% |
The median household income in Melrose is $59,677, which is 26.0% below the national median of $80,610. The per capita income is $33,685. The poverty rate is 8.5%.
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In Melrose, 84.1% of residents age 25+ have a high school diploma or higher, and 15.3% hold a bachelor's degree or higher (5.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.1% |
| Bachelor's Degree or Higher | 15.3% |
| Graduate or Professional Degree | 5.8% |
The median home value in Melrose is $207,200, below the national median of $303,400. The median monthly rent is $1,103. The homeownership rate is 73.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $207,200 |
| Median Monthly Rent | $1,103 |
| Homeownership Rate | 73.7% |
| Vacancy Rate | 6.3% |
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