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All about

Melrose, MA

A small city located in Massachusetts, Melrose has approximately 28,000 residents. With an average age of just over 40, the city's population is fairly typical compared to other cities in the state, which has an average age of 39. The majority of Melrose residents own their homes, and 33% of residents rent. At $1,300 per month, the average rent is a bit above the state average.

Averaging about 36 minutes, Melrose's commute time is slower than the Massachusetts average of about 31 minutes. Many residents (39%) commute to work by car or truck, while public transportation is used by only 12% of the city. Walking (2%) isn't a common method of commuting to work, though the number does exceed the national average.

Compared to the national average (7%), Melrose has a high concentration of residents over the age of 25 who have advanced degrees, as 15% have earned a Master's degree or a Doctoral degree. Furthermore, 22% possess a Bachelor's degree, which also outpaces the national average. There are plenty of industries from which to choose in Melrose, the most common four of which are scientific, healthcare, education, and retail. Combined, these industries make up 31% of the workforce in the city. Meanwhile, looking at job function, many residents work in management, as 11% of the city's population reports this as their field of work, the highest number of any career path. With an average annual income of just over $106,000, Melrose workers earn around $22,000 more than their peers elsewhere in the state. Melrose's average income also compares favorably to the national average ($73,345).

Average Rent in Melrose

Studio1 Bed2 Bed3 Bed
Dec 19$1,300$2,808$3,347$4,589
Oct 191,3003,0413,7974,362
Sep 191,2502,9603,7863,894
Aug 191,2503,0123,9443,887
Jul 191,2503,0242,8503,940
Jun 191,2503,0261,750
May 191,2502,9851,750
Apr 191,2503,0223,320
Mar 191,2502,9803,418
Feb 191,2002,9563,299
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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