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Melrose, MA
Full City Profile · Massachusetts · Suffolk County County
3.5
/5.0
B+
Good
29,488
Population
6,301/sq mi density
$126,854
Median Income
$65,038 per capita
$796,100
Home Value
$885,146 Zillow
$1,933
Median Rent
29.1% income on rent
52°F
Avg Temperature
246 sunny days/yr
114
Violent Crime/100K
612 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$126,854 median income, 2.8% unemployment
B
Affordability
3.1 / 5.0
$796,100 home value, $1,933/mo rent
F
Safety
1.0 / 5.0
114 violent crimes/100K
A+
Education
5.0 / 5.0
62.0% bachelor's degree or higher
Income Overview
Median Household Income
$126,854
69% above
US avg: $75,149
Per Capita Income
$65,038
67% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
2.1%
83% below
US avg: 12.4%
Income Comparison: Melrose vs. U.S. Average
Each bar shows Melrose’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$126,854
169%
Per Capita
US: $39,052
$65,038
167%
IRS Avg AGI
US: $72,000
$122,612
170%
Avg Weekly Wage
US: $1,432
$2,525
176%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$2,525
76% above US avg ($1,432)
Mean Commute Time
36 min
29% above US avg (28 min)
Work From Home
25.6%
68% above US avg (15.2%)
Drive Alone
50.4%
31% below US avg (73.2%)
Public Transit
15.7%
213% above US avg (5.0%)
County GDP
$190,778M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
50.4%
Public Transit
15.7%
Work From Home
25.6%
Other
8.3%
Average commute time
36 minutes
US avg: 28 min
Business Landscape
Total Establishments
33,364
Restaurants
2,747
Healthcare
2,078
Retail
2,312
Manufacturing
311
Tax & Financial
IRS Avg Adjusted Gross Income
$122,612
70% above US avg ($72,000)
Avg Property Tax
$8,634
147% above US avg ($3,500)
Cost of Living Index
105.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $126,854 |
| Per Capita Income | $65,038 |
| IRS Avg Adjusted Gross Income | $122,612 |
| Avg Weekly Wage | $2,525 |
| County GDP | $190,778M |
Hardship Indicators
| Unemployment Rate | 2.8% |
| Poverty Rate | 2.1% |
| Gini Coefficient | 0.528 |
| Cost of Living Index | 105.8 |
Commute
| Mean Commute | 36 minutes |
| Drive Alone | 50.4% |
| Public Transit | 15.7% |
| Work From Home | 25.6% |
Businesses
| Total Establishments | 33,364 |
| Restaurants | 2,747 |
| Healthcare | 2,078 |
| Retail | 2,312 |
| Manufacturing | 311 |
Tax
| IRS Avg AGI | $122,612 |
| Avg Property Tax | $8,634 |