HomeMassachusettsMiddlesex CountyMelrose
Melrose, Massachusetts: commercial real estate data.
Melrose is a Census city of 29,650 people across 4.68 square miles of land, in Middlesex County. Median household income is $133,953, 67.2 percent of occupied homes are owned, and the SBA record carries 18 7(a) approvals to borrowers here worth $6.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Melrose
What Melrose is
- Census place typecity
- Land area4.68 sq mi
- Water area0.08 sq mi
- Population per square mile of land6,331
- County holding the largest share of its areaMiddlesex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
How many people live in Melrose
- Population29,650
- Median age43.6
- Population under 185,993
- Share under 1820.2 percent
- Population 65 and over6,106
- Share 65 and over20.6 percent
- Households12,401
- Family households7,929
- Share of households that are families63.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
Income and work in Melrose
- Median household income$133,953
- Per capita income$67,861
- Civilian labor force16,777
- Employed16,149
- Unemployed628 plus or minus 210
- Unemployment rate3.7 percent plus or minus 1.2
- Adults 25 and over22,215
- Adults 25 and over with a high school diploma or higher95.3 percent
- Adults 25 and over with a bachelor degree or higher62.0 percent
- Adults 25 and over with a graduate degree28.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
Housing in Melrose
- Housing units12,771
- Occupied units12,401
- Vacant units370 plus or minus 184
- Vacancy rate2.9 percent plus or minus 1.4
- Owner occupied8,328
- Renter occupied4,073
- Ownership rate67.2 percent
- Median owner-occupied home value$822,900
- Median gross rent, monthly$1,970
- Annual rent as a share of median income17.6 percent
- Single family units7,234
- Share single family56.6 percent
- Units in buildings of two or more5,336
- Share in buildings of two or more41.8 percent
- Mobile homes151 plus or minus 127
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
How Melrose gets to work
- Workers 16 and over who commute11,310
- Commuting under 15 minutes1,603
- Share commuting under 15 minutes14.2 percent
- Commuting 30 minutes or more6,829
- Share commuting 30 minutes or more60.4 percent
- Drove alone48.6 percent
- Carpooled5.4 percent plus or minus 1.8
- Public transport12.4 percent
- Walked1.8 percent plus or minus 0.9
- Worked from home29.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
SBA loans in Melrose (7(a))
- Approvals18
- Gross approval$6,093,500
- Average approval$338,528
- Median approval$117,000
- Largest approval$1,572,000
- Jobs supported105
- Jobs per approval5.8
- Loans with a final outcome5
- Paid in full4
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more27.8 percent
- Share to franchises5.6 percent
- Distinct lenders7
- Distinct industries by NAICS13
Counted by borrower city: approvals to borrowers whose address is in Melrose, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Melrose
SBA loans in Melrose (504)
- Approvals10
- Gross approval$3,234,000
- Average approval$323,400
- Median approval$320,500
- Largest approval$619,000
- Jobs supported30
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Melrose, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Melrose
Flood risk in Melrose
- NFIP communityCity of Melrose
- NFIP community number250206
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/08/25
The City of Melrose participates in the National Flood Insurance Program as community 250206 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Middlesex County, not Melrose
Middlesex County context, not Melrose figures
- Establishments in Middlesex County44,624
- Covered employment, Middlesex County926,104
- Average annual pay, Middlesex County$113,704
- Housing units permitted, Middlesex County3,495
Every figure in this section is published for Middlesex County as a whole and is not a measurement of Melrose.
All Middlesex County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Melrose questions, answered from the record.
How many people live in Melrose, Massachusetts?
29,650, in 12,401 households. Melrose city covers 4.68 square miles of land, which is 6,331 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Melrose in?
Middlesex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Melrose?
$133,953. The median owner-occupied home is valued at $822,900. Median gross rent is $1,970 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Melrose businesses?
18 7(a) approvals totaling $6.1 m since FY2020, across 7 lenders, median approval $117,000, plus 10 504 approvals worth $3.2 m since FY2010. These count approvals to borrowers whose address is in Melrose, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Melrose borrowers get paid back?
No rate is published for Melrose. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Melrose in the National Flood Insurance Program?
Yes. Melrose appears in the FEMA Community Status Book as Melrose, city of, community 250206, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Melrose figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Middlesex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Melrose.
Is zoning published for Melrose?
No. Nothing on this page presents parcel level zoning.
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