Melrose, New Zealand

Full City Profile

2.9 /5.0

C+ Fair

1,400 Population 6/sq mi density

318 ft Elevation 97 meters

58°F Avg Temperature 14°C

C+

Overall

2.9 / 5.0

Fair overall score based on economy, affordability, safety and education

Economy

3.2 / 5.0

$38,040 median income, 3.5% unemployment

C+

Affordability

2.6 / 5.0

$275,600 home value, $1,378/mo rent

Melrose, New Zealand

At a Glance

Median Income

$38,040

49% below

$38,040 per capita

Home Value

$275,600

2% below

Median Rent

$1,378/mo

18% above

Unemployment

3.5%

3% below

Avg Temperature

58°F

292 sunny days/yr

Is Melrose a Good Place to Live?

C+

2.9 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Melrose residents earn a median household income of $38,040 , which is 49% below the national average of $75,149. Per capita income is $38,040. The unemployment rate stands at 3.5% (3% below the U.S. rate of 3.6%). The area is home to 129 business establishments.

Housing & Cost of Living

The median home value in Melrose is $275,600 , 2% below the national median of $281,900. Median rent is $1,378/month.

Climate & Weather

Melrose has an average annual temperature of 58°F (14°C). Winters average 62°F in January while summers reach 53°F in July. The area gets 292 sunny days per year. Annual precipitation totals 33.9 inches.

Data Overview

People

Population1,400

Median Age36.1 yrs

Density6/mi²

Foreign Born28.8%

Economy

Median Income$38,040

Per Capita$38,040

Unemployment3.5%

Poverty

Avg Weekly Wage$732

Housing

C+

Home Value$275,600

Rent$1,378

Ownership67.5%

Housing Units560

Climate

Avg Temp58°F

Sunny Days292/yr

Rain33.9 in/yr

Elevation318 ft

Did You Know?

28.8% of residents are foreign-born.