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Massachusetts · Census place 40115

Melrose city, MA

Quick answer

Melrose city has 29,488 residents, ranking #51 of 248 places in Massachusetts. Median household income is $126,854, the median home is worth $796,100 and median gross rent runs $1,933 a month.

Population
29,488Melrose city residents
Median household income
$126,854Past 12 months, inflation adjusted
Median home value
$796,100Owner-occupied units
Median gross rent
$1,933Rent plus utilities, monthly
Median age
44.3 yrsAll residents
Homeownership rate
67.8%Owner-occupied households

What the numbers mean in Melrose city

Housing cost measured against local earnings.

A household earning the Melrose city median would spend about 18.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.7% of residents and 67.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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