Last updated: 2024 BLS data · Page refreshed:
Melrose has a population of 562 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 562 |
| Median Age | 36.1 |
| White | 89.7% |
| Hispanic or Latino | 6.0% |
| Other / Two or More Races | 4.3% |
The median household income in Melrose is $48,750, which is 39.5% below the national median of $80,610. The per capita income is $28,308. The poverty rate is 18.9%.
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In Melrose, 96.6% of residents age 25+ have a high school diploma or higher, and 18.0% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.6% |
| Bachelor's Degree or Higher | 18.0% |
| Graduate or Professional Degree | 4.4% |
The median home value in Melrose is $151,600, below the national median of $303,400. The median monthly rent is $744. The homeownership rate is 72.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $151,600 |
| Median Monthly Rent | $744 |
| Homeownership Rate | 72.4% |
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