Melrose has the 1113th largest population in the United States. The population grew by 3.8% from 2010 to 2015, which was faster than the national average. Melrose is part of the Boston metro area. Unemployment in the Boston area is 3%, which is lower than the national average, and is getting better. Boston has the 9th largest local economy in the US, and a high cost of living. The average pay for jobs in Melrose is above average at $65,860, and the median cost of a home in Melrose is $423,500, which is above the national average. 50% of workers in Melrose hold a bachelors degree or higher (above average), and 94% of workers have a high school degree (above average). Driving to work is especially common in Melrose. 68% of Melrose workers drive to work alone, 11% take public transit, 7% carpool, and 12% walk. People in Melrose spend an average of 30 minutes commuting to work, which is longer than the national average of 26 minutes.