Melrose vs Minneapolis
| Melrose | Minneapolis | |
|---|---|---|
| Population | 3,606 | 426,877 |
| Median Household Income | $59,677 | $80,846 |
| Median Home Value | $207,200 | $362,200 |
| Median Gross Rent | $1,103/mo | $1,371/mo |
| Homeownership Rate | 73.7% | 47.7% |
| Unemployment Rate | 0.7% | 5.9% |
| Bachelor's Degree or Higher | 15.3% | 55.5% |
| Median Age | 38.7 | 33.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.