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

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Highlights
- Household income in Melrose, is 16% less than it is in Princeton and is 45% above the National Average.
- Princeton unemployment rate is 4.1%.
- Melrose unemployment rate is 5.0%.

Economy
 Princeton, MAMelrose, MAUnited States
 Unemployment Rate4.1%5.0%6.0%
 Recent Job Growth4.0%4.3%1.6%
 Future Job Growth38.5%40.6%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$63,289$58,791$37,638
 Household Income$148,438$125,229$69,021
 Family Median Income$150,043$162,083$85,028
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 Est. Households By Income
 Princeton, MAMelrose, MAUnited States
 Income Less Than 15K3.2%5.4%9.4%
 Income between 15K and 20K1.6%2.5%3.8%
 Income between 20K and 30K1.2%7.2%8.1%
 Income between 30K and 40K2.6%3.6%8.0%
 Income between 40K and 50K4.6%4.0%7.6%
 Income between 50K and 60K4.7%5.2%7.2%
 Income between 60K and 75K5.1%4.6%9.6%
 Income between 75K and 100K6.5%8.1%12.8%
 Income between 100K and 150K21.0%17.4%16.3%
 Income between 150K and 200K26.0%18.1%7.8%
 Income greater than 200K23.7%23.9%9.5%
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 Population By Occupation
 Princeton, MAMelrose, MAUnited States
 Management, business, finance17.3%28.1%16.4%
 Engineering, computers, science11.6%14.6%6.5%
 Community, social services2.1%1.8%1.8%
 Legal0.9%2.4%1.2%
 Education, library8.3%5.4%6.2%
 Arts, design, media, sports, entertainment2.7%3.8%2.0%
 Healthcare practitioners and technology13.9%7.8%6.2%
 Healthcare support1.2%1.3%3.3%
 Firefighters, law enforcement0.0%1.8%2.1%
 Food preparation, serving4.3%3.4%5.4%
 Building maintenance2.6%1.6%3.6%
 Personal care2.9%2.9%2.6%
 Sales, office, administrative support17.2%16.6%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.0%4.2%8.1%
 Production, transportation, material moving10.1%4.4%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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ZIPS IN PRINCETON, MASSACHUSETTS
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ZIPS IN MELROSE, MASSACHUSETTS
02176

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