Last updated: 2024 BLS data · Page refreshed:
Melrose Park has a population of 24,549 with a median age of 37.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 24,549 |
| Median Age | 37.3 |
| White | 22.5% |
| Black or African American | 5.2% |
| Asian | 1.1% |
| Hispanic or Latino | 77.0% |
The median household income in Melrose Park is $66,189, which is 17.9% below the national median of $80,610. The per capita income is $29,979. The poverty rate is 12.3%.
The unemployment rate in Melrose Park is 5.1%, compared to the national rate of 4.1%.
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In Melrose Park, 69.7% of residents age 25+ have a high school diploma or higher, and 15.0% hold a bachelor's degree or higher (5.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 69.7% |
| Bachelor's Degree or Higher | 15.0% |
| Graduate or Professional Degree | 5.5% |
The median home value in Melrose Park is $275,800, below the national median of $303,400. The median monthly rent is $1,176. The homeownership rate is 56.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $275,800 |
| Median Monthly Rent | $1,176 |
| Homeownership Rate | 56.7% |
| Vacancy Rate | 6.7% |
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