HomeMinnesotaStearns CountyMelrose
Melrose, Minnesota: commercial real estate data.
Melrose is a Census city of 3,671 people across 3.17 square miles of land, in Stearns County. Median household income is $59,677, 73.7 percent of occupied homes are owned, and the SBA record carries 10 7(a) approvals to borrowers here worth $3.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Melrose
What Melrose is
- Census place typecity
- Land area3.17 sq mi
- Water area0.13 sq mi
- Population per square mile of land1,156
- County holding the largest share of its areaStearns 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
- Population3,671
- Median age38.7
- Population under 18887 plus or minus 190
- Share under 1824.2 percent plus or minus 5.2
- Population 65 and over850 plus or minus 173
- Share 65 and over23.2 percent plus or minus 4.7
- Households1,553
- Family households868
- Share of households that are families55.9 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$59,677
- Per capita income$33,685
- Civilian labor force1,968
- Employed1,954
- Unemployed14 plus or minus 17
- Unemployment rate0.7 percent plus or minus 0.9
- Adults 25 and over2,449
- Adults 25 and over with a high school diploma or higher84.1 percent
- Adults 25 and over with a bachelor degree or higher15.3 percent plus or minus 4.3
- Adults 25 and over with a graduate degree5.8 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
Housing in Melrose
- Housing units1,658
- Occupied units1,553
- Vacant units105 plus or minus 83
- Vacancy rate6.3 percent plus or minus 5.0
- Owner occupied1,144
- Renter occupied409 plus or minus 121
- Ownership rate73.7 percent
- Median owner-occupied home value$207,200
- Median gross rent, monthly$1,103
- Annual rent as a share of median income22.2 percent plus or minus 5.0
- Single family units1,147
- Share single family69.2 percent
- Units in buildings of two or more394 plus or minus 137
- Share in buildings of two or more23.8 percent plus or minus 8.0
- Mobile homes117 plus or minus 38
- Median year structure built1970
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 commute1,607
- Commuting under 15 minutes882 plus or minus 195
- Share commuting under 15 minutes54.9 percent
- Commuting 30 minutes or more490 plus or minus 149
- Share commuting 30 minutes or more30.5 percent plus or minus 8.7
- Drove alone60.5 percent
- Carpooled16.4 percent plus or minus 5.7
- Public transport0.1 percent plus or minus 0.1
- Walked7.5 percent plus or minus 4.3
- Worked from home15.6 percent plus or minus 6.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
SBA loans in Melrose (7(a))
- Approvals10
- Gross approval$3,399,400
- Average approval$339,940
- Median approval$188,250
- Largest approval$1,110,000
- Jobs supported104
- Jobs per approval10.4
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more30.0 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Melrose, in any county, FY2020 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, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Melrose
SBA loans in Melrose (504)
- Approvals3
- Gross approval$1,665,000
- Average approval$555,000
- Median approval$518,000
- Largest approval$782,000
- Jobs supported37
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Melrose, in any county, FY2010 to FY2026. Only 0 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 number270450
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/16/12
The City of Melrose participates in the National Flood Insurance Program as community 270450 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.
Stearns County, not Melrose
Stearns County context, not Melrose figures
- Establishments in Stearns County4,474
- Covered employment, Stearns County87,252
- Average annual pay, Stearns County$62,313
- Housing units permitted, Stearns County572
Every figure in this section is published for Stearns County as a whole and is not a measurement of Melrose.
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, Minnesota?
3,671, in 1,553 households. Melrose city covers 3.17 square miles of land, which is 1,156 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?
Stearns 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?
$59,677. The median owner-occupied home is valued at $207,200. Median gross rent is $1,103 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?
10 7(a) approvals totaling $3.4 m since FY2020, across 6 lenders, median approval $188,250, plus 3 504 approvals worth $1.7 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 3 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 270450, 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 Stearns 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.