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Melrose city, MA
ZIP 02176 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Melrose city, MA (02176)
Median Income
$126,854
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,392
Wealth inflow
Population
29,488
Unemployment
4.1%
0.4pp above US avg
IRS migration statistics show a net inflow of about 1,392 for ZIP 02176 (Melrose city, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 02176 (2020–Present)
Since 2020, population grew 5.1%, median income fell 6.0% (inflation-adjusted), home values increased 12.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $126,854 |
| Unemployment | 4.1% |
| Establishments | 529 |
| Employees | 5,241 |