HomeNew MexicoCurry CountyMelrose village
Melrose village, New Mexico: commercial real estate data.
Melrose village is a Census village of 447 people across 1.69 square miles of land, in Curry County. Median household income is $32,750, 74.9 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $1.1 m.
66 sourced place values · tier FULL · 7 sections
Melrose
What Melrose is
- Census place typevillage
- Land area1.69 sq mi
- Water area0 sq mi
- Population per square mile of land264 plus or minus 85
- County holding the largest share of its areaCurry 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
- Population447 plus or minus 144
- Median age45.6 plus or minus 21.0
- Population under 1891 plus or minus 37
- Share under 1820.4 percent plus or minus 5.1
- Population 65 and over76 plus or minus 28
- Share 65 and over17.0 percent
- Households191 plus or minus 58
- Family households105 plus or minus 44
- Share of households that are families55.0 percent plus or minus 15.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
Income and work in Melrose
- Median household income$32,750 plus or minus $20,334
- Per capita income$24,550 plus or minus $6,433
- Civilian labor force165 plus or minus 64
- Employed143 plus or minus 54
- Unemployed22 plus or minus 19
- Unemployment rate13.3 percent plus or minus 10.3
- Adults 25 and over310 plus or minus 108
- Adults 25 and over with a high school diploma or higher77.7 percent plus or minus 33.5
- Adults 25 and over with a bachelor degree or higher7.1 percent plus or minus 5.9
- Adults 25 and over with a graduate degree1.0 percent plus or minus 4.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
Housing in Melrose
- Housing units270 plus or minus 62
- Occupied units191 plus or minus 58
- Vacant units79 plus or minus 30
- Vacancy rate29.3 percent plus or minus 8.8
- Owner occupied143 plus or minus 48
- Renter occupied48 plus or minus 25
- Ownership rate74.9 percent
- Median owner-occupied home value$78,500 plus or minus $26,611
- Median gross rent, monthly$833 plus or minus $339
- Annual rent as a share of median income30.5 percent plus or minus 22.7
- Single family units188 plus or minus 52
- Share single family69.6 percent
- Units in buildings of two or more9 plus or minus 16
- Share in buildings of two or more3.3 percent plus or minus 5.9
- Mobile homes73 plus or minus 32
- Median year structure built1961
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 commute132 plus or minus 54
- Commuting under 15 minutes19 plus or minus 19
- Share commuting under 15 minutes14.4 percent plus or minus 13.1
- Commuting 30 minutes or more78 plus or minus 43
- Share commuting 30 minutes or more59.1 percent plus or minus 22.3
- Drove alone76.9 percent
- Carpooled14.7 percent plus or minus 12.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home7.7 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Melrose
SBA 7(a) lending to Melrose borrowers
- Approvals1
- Gross approval$1,062,500
- Average approval$1,062,500
- Median approval$1,062,500
- Ninetieth percentile approval$1,062,500
- Largest approval$1,062,500
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term183 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 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.
Curry County, not Melrose
Curry County context, not Melrose figures
These are Curry 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 Curry County1,018
- Employment at those establishments, Curry County12,666
- Covered employment, Curry County18,303
- Average annual pay, Curry County$46,746
- Average weekly wage, Curry County$899
- Housing units permitted, Curry County169
- Of those, single family, Curry County41
- County product, 2024, Curry County$4,317,233,000
- County product change over the prior year, Curry County4.2 percent
- Average income of an arriving household, Curry County$49,195
Every figure in this section is published for Curry 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, New Mexico?
447, in 191 households. Melrose village covers 1.69 square miles of land, which is 264 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?
Curry 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?
$32,750. The median owner-occupied home is valued at $78,500. Median gross rent is $833 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?
1 7(a) approvals totalling $1.1 m, across 1 lenders, median approval $1,062,500. 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 1 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 Curry 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.
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