Melrose, a city located in the state of Massachusetts (MA), is home to a population of approximately 29,477 people. Melrose boasts a median age of 43.1, with around 24.9% of its residents aged 60 or above. 3.1% of the population identifies as US Veterans. 10.1% of Melrose residents are disabled. The city has an average household income of $126,305, while the unemployment rate stands at 3.9%, and around 4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Melrose is $734,221, with a monthly rent averaging $1,837.