Last updated: 2024 BLS data · Page refreshed:
Melrose has a population of 447 with a median age of 45.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 447 |
| Median Age | 45.6 |
| White | 68.7% |
| Hispanic or Latino | 31.5% |
The median household income in Melrose is $32,750, which is 59.4% below the national median of $80,610. The per capita income is $24,550. The poverty rate is 38.7%.
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In Melrose, 77.7% of residents age 25+ have a high school diploma or higher, and 7.1% hold a bachelor's degree or higher (1.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 77.7% |
| Bachelor's Degree or Higher | 7.1% |
| Graduate or Professional Degree | 1.0% |
The median home value in Melrose is $78,500, below the national median of $303,400. The median monthly rent is $833. The homeownership rate is 74.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $78,500 |
| Median Monthly Rent | $833 |
| Homeownership Rate | 74.9% |
| Vacancy Rate | 29.3% |
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