Income & Economy in Melrose Park, NY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$103,472

+41% vs national

Per Capita Income

$61,391

+65% vs national

Poverty Rate

6.1%

-55% vs national

Gini Index

0.4323

0 = perfect equality

Unemployment

0.8%

-85% vs national

SNAP Recipients

0.0%

of households

How Melrose Park Compares

Source: Census ACS (2023)

Melrose Park vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Melrose Park is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Melrose Park. The median household income here is $103,472.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.5%
$25-50K
11.2%
$50-75K
8.9%
$75-100K
18.4%
$100-150K
35.7%
$150-200K
12.1%
$200K+
7.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.8%

-85% vs NY avg

Labor Force

1,059

Employed

1,051

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

38.9%

of adults 25+

High School Diploma+

48.9%

of adults 25+

Median Age

47.4

Work from Home

11.1%

of workers

The median household income in Melrose Park, NY is $103,472, which is 41.3% above the national average of $73,224. Per capita income is $61,391. The poverty rate of 6.1% is lower than the NY state average of 10.6%. The Gini index of income inequality is 0.4323, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.8%, compared to the state average of 5.0%. 38.9% of adults hold a bachelor's degree or higher.