02176 ZIP Code – Melrose, Massachusetts

02176 is a large ZIP code in Melrose, Massachusetts, part of Middlesex County with a population of approximately 29,477 residents. The median household income of $126,305 is above the Massachusetts average and well above the national average. Median home values of $732,300 are well above the national average, with 67.2% owner-occupied housing (increasing). ; median rent of $1,837 is similarly well above the national average. Housing consists of 58% single-family (decreasing), 27% apartments (increasing), 14% duplex/multi-family.

The area reports an unemployment rate of 4.1%, below the national average. The poverty rate of 3.7% is well below the U.S. average. 62.0% of adults hold a bachelor's degree or higher, well above the U.S. average. At 44.3, the median age is near the national figure. Nearby ZIP codes include 02148, 02180, 01906.

ZIP Code 02176 Data

Population 29,477
Median Household Income $126,305
Median Home Value $732,300
Median Rent $1,837
Median Age 44.3
Unemployment Rate 4.1%
Poverty Rate 3.7%
Bachelor's Degree or Higher 62.0%

ZIP 02176 vs. Massachusetts vs. U.S.

MetricZIP 02176MA Avg.U.S. Avg.
Population29k13k10k
Median Household Income$126k$107k$73k
Median Home Value$732k$528k$258k
Median Rent$1,837$1,563$1,088
Median Age44.344.343.2
Unemployment Rate4.1%5.0%5.0%
Poverty Rate3.7%8.7%13.3%
Bachelor's Degree or Higher62.0%47.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
02148 MALDEN 65,463 $90,295
02180 STONEHAM 22,992 $112,935
01906 SAUGUS 28,566 $96,064
01880 WAKEFIELD 27,026 $125,707
02155 MEDFORD 63,873 $115,048