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2024 Compare Cities Economy:
Mound, MN vs Melrose, MN

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Highlights
- Household income in Melrose, is 37% less than it is in Mound and is 37% below the National Average.
- Mound unemployment rate is 4.2%.
- Melrose unemployment rate is 4.7%.

Economy
 Mound, MNMelrose, MNUnited States
 Unemployment Rate4.2%4.7%6.0%
 Recent Job Growth1.8%1.6%1.6%
 Future Job Growth36.9%33.8%33.5%
 Sales Taxes7.5%7.1%6.2%
 Income Taxes7.1%7.1%4.6%
 Income per Cap.$56,551$29,463$37,638
 Household Income$80,583$50,469$69,021
 Family Median Income$121,216$92,750$85,028
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 Est. Households By Income
 Mound, MNMelrose, MNUnited States
 Income Less Than 15K8.2%13.6%9.4%
 Income between 15K and 20K9.0%3.5%3.8%
 Income between 20K and 30K3.6%14.4%8.1%
 Income between 30K and 40K4.5%5.1%8.0%
 Income between 40K and 50K4.9%11.9%7.6%
 Income between 50K and 60K6.2%11.2%7.2%
 Income between 60K and 75K11.1%5.9%9.6%
 Income between 75K and 100K11.0%9.9%12.8%
 Income between 100K and 150K18.3%14.9%16.3%
 Income between 150K and 200K8.9%6.7%7.8%
 Income greater than 200K14.4%2.7%9.5%
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 Population By Occupation
 Mound, MNMelrose, MNUnited States
 Management, business, finance27.7%16.0%16.4%
 Engineering, computers, science6.5%2.1%6.5%
 Community, social services0.3%0.0%1.8%
 Legal0.5%0.1%1.2%
 Education, library4.7%2.7%6.2%
 Arts, design, media, sports, entertainment4.1%0.0%2.0%
 Healthcare practitioners and technology3.0%5.2%6.2%
 Healthcare support2.8%2.4%3.3%
 Firefighters, law enforcement0.0%2.7%2.1%
 Food preparation, serving6.8%2.4%5.4%
 Building maintenance3.6%1.2%3.6%
 Personal care1.5%3.4%2.6%
 Sales, office, administrative support21.2%19.7%20.9%
 Farming, fishing, forestry1.0%5.5%0.6%
 Construction, extraction, maintenance/repair5.7%5.8%8.1%
 Production, transportation, material moving10.6%30.8%13.1%

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ZIPS IN MOUND, MINNESOTA
55364
ZIPS IN MELROSE, MINNESOTA
56352

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