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The total population of Melrose is estimated to be 29,477 with 14,355 males (48.70%) and 15,122 females (51.30%). There are 767 more females than males in Melrose.
The median household income in Melrose was $135,362 in 2021, which marked an an increase of 5,500(4.24%) from $129,862 in 2020. This income is 181.44% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Melrose sees its highest median household income among householders in the age group of 25 to 44 years old, at $178,108. Overall, the median household income for the city of Melrose stands at $135,362.
In Melrose, the median income for all workers aged 15 years and older, regardless of work hours, was $79,608 for males and $57,432 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $103,534 for males and $94,593 for females.
In Melrose, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $144,516, while Black or African American households represent the opposite end with the lowest median household income of $62,896.
In 2022, the population of Melrose was 29,155, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Melrose's population was 29,320, a decline of 1.31% compared to a population of 29,708 in 2020.
The median age in Melrose, MA is 42.1, as per 2021 ACS 5-Year Estimates. Of the total population, 16.37% were under the age of 15, 14.92% aged 15 to 29, 50.08% aged 30 to 64, 16.04% aged 65 to 84, and 2.59% were 85 years of age and older.
Racial distribution of Melrose population: 82.25% are White, 3.39% are Black or African American, 0.06% are American Indian and Alaska Native, 8.28% are Asian, 1.63% are some other race and 4.39% are multiracial.