Living in Melrose, Minnesota
Cost of living, income, home prices, rent and demographics of Melrose · Census data 2020–2024
Melrose has 3,671 residents with a median age of 38.7. The median household income is $59,677 (33% lower than the Minnesota median), the median home value is $207,200, the median rent is $1,103/month.
Melrose at a glance
- Population
- 3,671
- Median age
- 38.7State: 38.8
- Median household income
- $59,677State: $89,062
- Median home value
- $207,200State: $329,300
- Median rent
- $1,103/moState: $1,280
- Homeowners
- 73.7%
- Bachelor's degree or higher
- 15.3%
- Average commute
- 20 min
Is Melrose a good place to live?
Pros: Home values 37% lower than the state median; an average commute of 20 minutes; unemployment of 0.7%; a poverty rate of 8.5%.
Cons: Median household income 33% lower than the Minnesota median.
The weather is best in June to September.
Cost of living in Melrose
Housing is the biggest part of the cost of living. In Melrose the median home value is $207,200, 38% lower than the U.S. median. Renters pay a median of $1,103 per month, which is 31.6% of household income. Homeowners with a mortgage pay $1,509 a month in housing costs.
Melrose median household income
The median household income in Melrose is $59,677 and the income per person is $33,685. 8.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Melrose: homes for sale and rent
- Housing units
- 1,658
- Owner-occupied
- 73.7%
- Renter-occupied
- 26.3%
- Vacant
- 6.3%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.31
Melrose demographics
- Population
- 3,671
- Median age
- 38.7
- Under 18
- 24.2%
- 65 and older
- 23.2%
- Households
- 1,553
- Foreign-born
- 11.7%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Melrose ›
Education in Melrose
15.3% of adults 25 and older in Melrose have a bachelor's degree or higher (Minnesota: 39.4%), and 5.8% have a graduate or professional degree.
Jobs and commute in Melrose
- Unemployment rate
- 0.7%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 15.6%
- Drive alone
- 60.5%
- Public transit
- 0.1%
- Walk to work
- 7.5%
- Homes with broadband
- 89%
Melrose vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Melrose | 3,671 | $59,677 | $207,200 | $1,103 |
| Meire Grove | 167 | $61,806 | $190,600 | $863 |
| New Munich | 299 | $92,188 | $179,000 | $1,139 |
| Greenwald | 270 | $72,625 | $149,200 | — |
| Freeport | 787 | $89,808 | $223,200 | $906 |
| Sauk Centre | 4,621 | $62,628 | $225,700 | $843 |
| Elrosa | 217 | $86,875 | $174,300 | $1,188 |
| Grey Eagle | 295 | $51,250 | $184,800 | $375 |
| Albany | 2,821 | $69,167 | $238,500 | $642 |
More for people moving to Melrose
Melrose ZIP code ›Weather and climate ›Living in Melrose: FAQ
What is the median household income in Melrose, MN?
The median household income in Melrose is $59,677, 33% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Melrose?
The median home value in Melrose is $207,200, compared with $329,300 in Minnesota.
How much is rent in Melrose?
The median gross rent in Melrose is $1,103 per month, about 31.6% of household income.
Is Melrose, MN a good place to live?
Pluses: home values 37% lower than the state median; an average commute of 20 minutes; unemployment of 0.7%; a poverty rate of 8.5%. Minuses: median household income 33% lower than the Minnesota median.
What is the median age in Melrose?
The median age in Melrose is 38.7 years (Minnesota: 38.8).
How long is the commute in Melrose?
The average commute to work in Melrose is 20 minutes; 15.6% of workers work from home.
What is the unemployment rate in Melrose?
The unemployment rate in Melrose is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Melrose?
15.3% of adults in Melrose have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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