Pros and Cons of Living In Melrose, Massachusetts. Is Melrose, MA a Nice Place To Live or Retire?

Melrose, Massachusetts

Moving to Melrose In Massachusetts ? Is Melrose, MA a Nice Place To Live? Pros and Cons of Living in Melrose, Massachusetts. Find out the best and worst about to live, raise a family or retire in Melrose.

Melrose is a city located in the Greater Boston metropolitan area in Middlesex County, Massachusetts, United States. Its population as of the 2020 census was 29,817. It is a suburb located approximately seven miles north of Boston. It is situated in the center of the triangle created by Interstates 93, 95 and U.S. Route 1.

The land that comprises Melrose was first settled in 1628 and was once part of Charlestown and then Malden. It became the Town of Melrose in 1850 and then the City of Melrose in 1900.

DEMOGRAPHICS

Population
28054
Unemployment
4.2%
11% NAT AVG.
Poverty
3.9%
72% NAT AVG.
Cost Of Living
145
45% NAT AVG.

ECONOMICS

Median Home Cost
$599600
161% NAT AVG.
Median Income
$114604
70% NAT AVG.
Median Rent
$1638
41% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
158
76% NAT. AVG.
59% STATE AVG.
Violent Crime
26
76% NAT. AVG.
70% STATE AVG.
Property Crime
132
76% NAT. AVG.
55% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 26
Unemployed People
1 in 24
People Earning < $10,000
1 in 31
People Earning < $50,000
24.9%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Melrose USA
White 80.4% 60.1%
African American 3.3% 12.2%
American Indian 0% 0.6%
Asian 9.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.3% 2.8%
Hispanic 3.7% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Melrose USA
Less than $10,000 3.2% 5.8%
$10,000 to $14,999 2.6% 4.1%
$15,000 to $24,999 6.5% 8.5%
$25,000 to $34,999 6.1% 8.6%
$35,000 to $49,999 6.5% 12.0%
$50,000 to $74,999 10.8% 17.2%
$75,000 to $99,999 9.3% 12.8%
$100,000 to $149,999 16.4% 15.6%
$150,000 to $199,999 17.9% 7.1%

EDUCATION

Education Melrose USA
< 9th Grade 4% 5.0%
9-12th Grade 2% 7.0%
High School or GED 16% 27.0%
Other College 12% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 31% 20.0%
Master's Degree 21% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 4% 1.0%
Melrose is a city in Massachusetts state in USA with a population of 28054 residents.. The poverty rate of Melrose is 3.9%, which is 72% lower than national average. The typical household in Melrose earns $114604 a year, compared to the national median of $67,500. Nearly 24.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Melrose remained 4.2%, which is 11% lower than national rate.

Cost of living in Melrose is 145, which is 45% higher than national average. In Melrose, only 60% of adults have a bachelor's degree and 18% have some college but no degree. Median home value in Melrose is $599600 , which is 161% higher than national average. While median income in Melrose remained $114604, which is 70% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Melrose Scorecard

Jobs85%

Housing95%

Affordability60%

Safety85%

Amenities95%

Diversity80%

Education90%

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