Home / Select Cities  /  2024 Comparing Melrose, MA vs. New Canaan, CT

2024 Compare Cities Economy:
Melrose, MA vs New Canaan, CT

Change Cities
Highlights
- Household income in New Canaan, is 72% more than it is in Melrose and is 68% above the National Average.
- Melrose unemployment rate is 5.0%.
- New Canaan unemployment rate is 5.7%.

Economy
 Melrose, MANew Canaan, CTUnited States
 Unemployment Rate5.0%5.7%6.0%
 Recent Job Growth4.3%-0.3%1.6%
 Future Job Growth40.6%27.7%33.5%
 Sales Taxes6.3%6.4%6.2%
 Income Taxes5.1%5.0%4.6%
 Income per Cap.$58,791$119,935$37,638
 Household Income$125,229$214,977$69,021
 Family Median Income$162,083$250,001$85,028
 space
 Est. Households By Income
 Melrose, MANew Canaan, CTUnited States
 Income Less Than 15K5.4%2.8%9.4%
 Income between 15K and 20K2.5%0.3%3.8%
 Income between 20K and 30K7.2%1.6%8.1%
 Income between 30K and 40K3.6%3.7%8.0%
 Income between 40K and 50K4.0%1.6%7.6%
 Income between 50K and 60K5.2%5.9%7.2%
 Income between 60K and 75K4.6%3.6%9.6%
 Income between 75K and 100K8.1%4.2%12.8%
 Income between 100K and 150K17.4%12.8%16.3%
 Income between 150K and 200K18.1%10.6%7.8%
 Income greater than 200K23.9%52.8%9.5%
 space1
 Population By Occupation
 Melrose, MANew Canaan, CTUnited States
 Management, business, finance28.1%41.8%16.4%
 Engineering, computers, science14.6%7.8%6.5%
 Community, social services1.8%1.0%1.8%
 Legal2.4%3.7%1.2%
 Education, library5.4%7.3%6.2%
 Arts, design, media, sports, entertainment3.8%3.6%2.0%
 Healthcare practitioners and technology7.8%3.5%6.2%
 Healthcare support1.3%0.8%3.3%
 Firefighters, law enforcement1.8%0.2%2.1%
 Food preparation, serving3.4%1.9%5.4%
 Building maintenance1.6%1.5%3.6%
 Personal care2.9%2.5%2.6%
 Sales, office, administrative support16.6%20.5%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair4.2%0.9%8.1%
 Production, transportation, material moving4.4%2.9%13.1%

View More Data >

Reviews for Melrose    1 Reviews

Over 11 years ago

Melrose is located a mere 7 miles from Boston and is only one of four cities in MA without a major road traversing, there are three commuter rail stops. It's filled  More

   |    Reply

Start Your Review of Melrose

Reviews for New Canaan    3 Reviews

Over 14 years ago

Beautiful town with wonderful people. Great place to raise children, however, it is extremely costly to live  More

   |    Reply

Over 15 years ago

Agreed, cost of living is too high, too many wall streeters (which have a bad rep nowadays), and diversity is almost non-existant, public schools are average/good but  More

   |    Reply

Outside of the other categories, which run very well here; schools are good and competitive, climate is relatively mild, crime is very low, diversity is strong, culture  More

   |    Reply

Start Your Review of New Canaan

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Melrose, Massachusetts Cost of Living vs New Canaan, Connecticut Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN MELROSE, MASSACHUSETTS
02176
ZIPS IN NEW CANAAN, CONNECTICUT
No Zip Codes Here.

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now