HomeMinnesotaStearns CountyMelrose city
Melrose city, Minnesota: commercial real estate data.
Melrose city 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.
76 sourced place values · tier FULL · 8 sections · 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$212,500
- Ninetieth percentile approval$1,110,000
- 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
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Stearns County, not Melrose
Stearns County context, not Melrose figures
These are Stearns County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Melrose measurements.
- Establishments in Stearns County4,474
- Employment at those establishments, Stearns County84,123
- Covered employment, Stearns County87,252
- Average annual pay, Stearns County$62,313
- Average weekly wage, Stearns County$1,198
- Housing units permitted, Stearns County572
- Of those, single family, Stearns County356
- County product, 2024, Stearns County$12,618,094,000
- County product change over the prior year, Stearns County7.3 percent
- Average income of an arriving household, Stearns County$56,619
Every figure in this section is published for Stearns County as a whole and is not a measurement of Melrose. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $3.4 m, across 6 lenders, median approval $212,500, plus 3 504 approvals worth $1.7 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Melrose figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.