2026 Compare Cities Economy:
Melrose, MN vs Albany, MN

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Highlights
- Household income in Albany, is 39% more than it is in Melrose and is 1% above the National Average.
- Melrose unemployment rate is 4.7%.
- Albany unemployment rate is 4.7%.
 Melrose, MNAlbany, MNUnited States
 Unemployment Rate  Unlock4.7%6.0%
 Recent Job Growth  Unlock1.6%1.6%
 Future Job Growth33.8%  Unlock33.5%
 Sales Taxes7.1%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$29,463  Unlock$37,638
 Household Income  Unlock$70,000$69,021
 Family Median Income$92,750  Unlock$85,028
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 Est. Households By Income
 Melrose, MNAlbany, MNUnited States
 Income Less Than 15K  Unlock10.6%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock13.5%8.1%
 Income between 30K and 40K5.1%  Unlock8.0%
 Income between 40K and 50K  Unlock1.9%7.6%
 Income between 50K and 60K11.2%  Unlock7.2%
 Income between 60K and 75K  Unlock6.6%9.6%
 Income between 75K and 100K9.9%  Unlock12.8%
 Income between 100K and 150K  Unlock25.6%16.3%
 Income between 150K and 200K6.7%  Unlock7.8%
 Income greater than 200K  Unlock3.7%9.5%
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 Population By Occupation
 Melrose, MNAlbany, MNUnited States
 Management, business, finance16.0%  Unlock16.4%
 Engineering, computers, science  Unlock5.5%6.5%
 Community, social services0.0%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library2.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.5%2.0%
 Healthcare practitioners and technology5.2%  Unlock6.2%
 Healthcare support  Unlock7.4%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock5.1%5.4%
 Building maintenance1.2%  Unlock3.6%
 Personal care  Unlock3.0%2.6%
 Sales, office, administrative support19.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.8%0.6%
 Construction, extraction, maintenance/repair5.8%  Unlock8.1%
 Production, transportation, material moving  Unlock13.3%13.1%
Reviews for Melrose    0 Reviews

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Reviews for Albany    1 Reviews

Over 13 years ago

Good, solid small town economy. Tree lined streets. Lovely bike/hiking trails. On the interstate but not a slave to it. Close to St Cloud; easy ride south to Minneapolis  More

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