Melrose, a city located in the state of Minnesota (MN), is home to a population of approximately 3,606 people. Melrose boasts a median age of 45.9, with around 32.7% of its residents aged 60 or above. 11.7% of the population identifies as US Veterans. 9.8% of Melrose residents are disabled. The city has an average household income of $54,951, while the unemployment rate stands at 2.3%, and around 7.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Melrose is $166,629, with a monthly rent averaging $985.