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Melrose Park, Illinois   Add Favorite    2 Reviews | Review This Place

Find your Best Mortgage in Melrose Park: Fixed Rate, Adjustable Rate, 30 years, 15 years.


-Economic and cultural diversity
-Arts and culture
-Historic interest and preservation


-Harsh climate
-Cost of living
-Violent crime

What Bert Has To Say About Chicago-Naperville-Elgin Metro Area

A world-class commercial, industrial and cultural city, Chicago functions as is a major national center and as the major regional center for America’s heartland. It originally emerged as a transport center for cargo headed west and agricultural products headed east by land and water. Although transportation technology has changed, the role has not. The city is the most important passenger and freight transport hub in the country with the largest number of air departures and the most rail traffic in the nation. The commercial and manufacturing economy stands out both for its size and diversity. Over 30 Fortune 500 companies in an assortment of industries have headquarters here. Factories and warehouses extend for miles from the downtown area. Chicago is also a major center for small manufacturing and business. There is probably no more diverse an economy in the country.

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Quick Facts About Melrose Park

    The unemployment rate in Melrose Park is 6.10 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Melrose Park jobs have Increased by 1.39 percent.
    Compared to the rest of the country, Melrose Park's cost of living is 3.60% Higher than the U.S. average.
    As of 2014, Melrose Park's population is 25,379 people. Since 2000, it has had a population growth of 21.67 percent.
    Average Commute time is 25 minutes. The National Average is 26 minutes.
    The median home cost in Melrose Park is $166,700. Home appreciation the last 10 years has been -37.36%.
    Melrose Park public schools spend $10,880 per student. The average school expenditure in the U.S. is $12,383. There are about 20.9 students per teacher in Melrose Park.

Melrose Park Ranked & Rated

Melrose Park Housing Market

It's a good time to buy in Melrose Park. Home Appreciation is up 7.4% in the last 12 months. Browse Melrose Park Real Estate.
The median home price in Melrose Park is $166,700. Browse Homes in this Range.
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Reviews for Melrose Park, Illinois

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Melrose Park resident for 4 years

Melrose Park is relatively cheaper that living in Chicago. However, the public schools are not very... (Read More)



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