Home / Select Cities  /  2024 Comparing Melrose, MA vs. Newton, MA

2024 Compare Cities Economy:
Melrose, MA vs Newton, MA

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Highlights
- Household income in Newton, is 31% more than it is in Melrose and is 58% above the National Average.
- Melrose unemployment rate is 5.0%.
- Newton unemployment rate is 4.1%.

Economy
 Melrose, MANewton, MAUnited States
 Unemployment Rate5.0%4.1%6.0%
 Recent Job Growth4.3%4.3%1.6%
 Future Job Growth40.6%42.0%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$58,791$81,020$37,638
 Household Income$125,229$164,607$69,021
 Family Median Income$162,083$201,924$85,028
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 Est. Households By Income
 Melrose, MANewton, MAUnited States
 Income Less Than 15K5.4%4.7%9.4%
 Income between 15K and 20K2.5%1.7%3.8%
 Income between 20K and 30K7.2%3.3%8.1%
 Income between 30K and 40K3.6%2.6%8.0%
 Income between 40K and 50K4.0%2.7%7.6%
 Income between 50K and 60K5.2%2.9%7.2%
 Income between 60K and 75K4.6%5.2%9.6%
 Income between 75K and 100K8.1%7.7%12.8%
 Income between 100K and 150K17.4%14.8%16.3%
 Income between 150K and 200K18.1%13.3%7.8%
 Income greater than 200K23.9%41.1%9.5%
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 Population By Occupation
 Melrose, MANewton, MAUnited States
 Management, business, finance28.1%26.1%16.4%
 Engineering, computers, science14.6%15.5%6.5%
 Community, social services1.8%1.9%1.8%
 Legal2.4%3.6%1.2%
 Education, library5.4%11.7%6.2%
 Arts, design, media, sports, entertainment3.8%3.4%2.0%
 Healthcare practitioners and technology7.8%9.9%6.2%
 Healthcare support1.3%1.3%3.3%
 Firefighters, law enforcement1.8%1.2%2.1%
 Food preparation, serving3.4%2.0%5.4%
 Building maintenance1.6%1.1%3.6%
 Personal care2.9%2.7%2.6%
 Sales, office, administrative support16.6%14.5%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair4.2%2.5%8.1%
 Production, transportation, material moving4.4%2.5%13.1%

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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

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Reviews for Newton    6 Reviews

Over 10 years ago

Apartment rentals seem to be on the expensive  More

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Over 13 years ago

Newton is ok, safe, close to  More

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Over 14 years ago

THE WEATHER HERE IS VARIABLE... EACH SEASON CAN BE FELT IN EXTREME TEMPERATURES. WINTER IS SO COLD, SUMMER IS SO HOT...THE SPRING AND FALL BRING A LOT OF RAIN, BUT ALSO  More

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ZIPS IN MELROSE, MASSACHUSETTS
02176
ZIPS IN NEWTON, MASSACHUSETTS
02459 02458 02465 02460 02466 02461 02468 02464 02462

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