Melrose, OH
Population 367 · Ohio
About Melrose, OH
Melrose is a small community located in Ohio with a population of 367 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,565 per year, which is 21% above the national median of $75,149. The median age of 31.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Melrose features a median home value of $111,300, which is 55% below the national median of $244,900. This makes Melrose one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 153 total housing units, 93% are owner-occupied (117 units) and 7% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Melrose shows an unemployment rate of 32.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.8%, above the national average of 12.4%. Workers in Melrose have an average one-way commute time of 18.3 minutes, one of the shorter commutes in the region.
Education & Demographics
7.2% of Melrose residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.3% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 9.5% of the population being foreign-born.
Cost of Living in Melrose, OH
Compared to national averages, Melrose has a median household income of $90,565 (21% above the national median of $75,149). Home values average $111,300, which is 55% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Ohio, Melrose's income is 26% above the state average of $71,814, and home values are 36% below the state median of $174,449.
Why Live in Melrose, OH?
Melrose offers a strong local economy with a median household income of $90,565, well above the national average, and affordable housing with a median home value of $111,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features short commute times averaging just 18.3 minutes.
Melrose has a population of 367 with a median age of 31.7 years. Compare Melrose with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Melrose
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clay Center | 367 | $64,750 | $121,200 | Compare |
| Senecaville | 367 | $44,375 | $107,300 | Compare |
| South Solon | 367 | $57,750 | $100,000 | Compare |
| Amsterdam | 368 | $46,719 | $58,400 | Compare |
| McDermott | 366 | $0 | $65,900 | Compare |
| Port William | 366 | $47,250 | $80,000 | Compare |
| Clarington | 365 | $40,500 | $133,300 | Compare |
| Roachester | 369 | $65,682 | $164,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Melrose
What is the population of Melrose, OH?
The population of Melrose, OH is 367 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.
What is the median household income in Melrose?
The median household income in Melrose, OH is $90,565 per year, which is 21% above the national median of $75,149.
What is the median home value in Melrose?
The median home value in Melrose, OH is $111,300, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Melrose?
The median monthly rent in Melrose, OH is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Melrose?
The unemployment rate in Melrose, OH is 32.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Melrose, OH a good place to live?
Melrose offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 367 and a median age of 31.7, the city appeals to young professionals and families.
How educated is Melrose, OH?
7.2% of residents in Melrose aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Melrose?
Key cost-of-living indicators for Melrose, OH: median home value is $111,300 (55% below national), median rent is $0/month, and median household income is $90,565. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Melrose?
The poverty rate in Melrose, OH is 12.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Melrose, OH?
Melrose's population is 3.3% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 4.9% two or more races. 9.5% of residents are foreign-born.