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2024 Compare Cities Economy:
Forest Lake, MN vs Melrose, MA

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Highlights
- Household income in Melrose, is 43% more than it is in Forest Lake and is 45% above the National Average.
- Forest Lake unemployment rate is 3.9%.
- Melrose unemployment rate is 5.0%.

Economy
 Forest Lake, MNMelrose, MAUnited States
 Unemployment Rate3.9%5.0%6.0%
 Recent Job Growth1.8%4.3%1.6%
 Future Job Growth36.4%40.6%33.5%
 Sales Taxes7.1%6.3%6.2%
 Income Taxes7.1%5.1%4.6%
 Income per Cap.$43,067$58,791$37,638
 Household Income$87,753$125,229$69,021
 Family Median Income$113,478$162,083$85,028
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 Est. Households By Income
 Forest Lake, MNMelrose, MAUnited States
 Income Less Than 15K4.4%5.4%9.4%
 Income between 15K and 20K2.3%2.5%3.8%
 Income between 20K and 30K5.7%7.2%8.1%
 Income between 30K and 40K7.5%3.6%8.0%
 Income between 40K and 50K4.7%4.0%7.6%
 Income between 50K and 60K8.1%5.2%7.2%
 Income between 60K and 75K10.7%4.6%9.6%
 Income between 75K and 100K12.0%8.1%12.8%
 Income between 100K and 150K21.5%17.4%16.3%
 Income between 150K and 200K13.0%18.1%7.8%
 Income greater than 200K10.1%23.9%9.5%
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 Population By Occupation
 Forest Lake, MNMelrose, MAUnited States
 Management, business, finance18.7%28.1%16.4%
 Engineering, computers, science7.3%14.6%6.5%
 Community, social services2.0%1.8%1.8%
 Legal0.9%2.4%1.2%
 Education, library4.6%5.4%6.2%
 Arts, design, media, sports, entertainment0.9%3.8%2.0%
 Healthcare practitioners and technology7.6%7.8%6.2%
 Healthcare support3.9%1.3%3.3%
 Firefighters, law enforcement1.1%1.8%2.1%
 Food preparation, serving3.4%3.4%5.4%
 Building maintenance2.4%1.6%3.6%
 Personal care2.7%2.9%2.6%
 Sales, office, administrative support20.7%16.6%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair9.2%4.2%8.1%
 Production, transportation, material moving14.5%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 FOREST LAKE, MINNESOTA
55025
ZIPS IN MELROSE, MASSACHUSETTS
02176

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