Melrose vs Lynn
| Melrose | Lynn | |
|---|---|---|
| Population | 29,477 | 100,653 |
| Median Household Income | $133,953 | $75,043 |
| Median Home Value | $822,900 | $510,100 |
| Median Gross Rent | $1,970/mo | $1,722/mo |
| Homeownership Rate | 67.2% | 48.1% |
| Unemployment Rate | 3.7% | 5.0% |
| Bachelor's Degree or Higher | 62.0% | 24.1% |
| Median Age | 43.6 | 36.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.