Melrose vs Worcester
| Melrose | Worcester | |
|---|---|---|
| Population | 29,477 | 204,191 |
| Median Household Income | $133,953 | $70,102 |
| Median Home Value | $822,900 | $374,400 |
| Median Gross Rent | $1,970/mo | $1,487/mo |
| Homeownership Rate | 67.2% | 42.8% |
| Unemployment Rate | 3.7% | 6.5% |
| Bachelor's Degree or Higher | 62.0% | 35.2% |
| Median Age | 43.6 | 33.9 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.