Melrose vs Springfield
| Melrose | Springfield | |
|---|---|---|
| Population | 29,477 | 155,305 |
| Median Household Income | $133,953 | $52,656 |
| Median Home Value | $822,900 | $245,000 |
| Median Gross Rent | $1,970/mo | $1,144/mo |
| Homeownership Rate | 67.2% | 49.6% |
| Unemployment Rate | 3.7% | 8.7% |
| Bachelor's Degree or Higher | 62.0% | 20.5% |
| Median Age | 43.6 | 33.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.