Pros and Cons of Living In Melrose Park, Illinois. Is Melrose Park, IL a Nice Place To Live or Retire?

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Melrose Park, Illinois

Moving to Melrose Park In Illinois ? Is Melrose Park, IL a Nice Place To Live? Pros and Cons of Living in Melrose Park, Illinois. Find out the best and worst about to live, raise a family or retire in Melrose Park.

DEMOGRAPHICS

Population
25404
Unemployment
6.2%
32% NAT AVG.
Poverty
15.8%
13% NAT AVG.
Cost Of Living
105
5% NAT AVG.

ECONOMICS

Median Home Cost
$200700
13% NAT AVG.
Median Income
$53596
21% NAT AVG.
Median Rent
$1054
9% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 16
People Earning < $10,000
1 in 20
People Earning < $50,000
46.1%
People With Any Degree
1 in 4.5

ETHNICITY

Ethnicity Melrose Park USA
White 17.1% 60.1%
African American 4.2% 12.2%
American Indian 0% 0.6%
Asian 0.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.3% 2.8%
Hispanic 77.6% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Melrose Park USA
Less than $10,000 5.1% 5.8%
$10,000 to $14,999 3.4% 4.1%
$15,000 to $24,999 8.7% 8.5%
$25,000 to $34,999 12.8% 8.6%
$35,000 to $49,999 16.1% 12.0%
$50,000 to $74,999 20.4% 17.2%
$75,000 to $99,999 15.8% 12.8%
$100,000 to $149,999 10.1% 15.6%
$150,000 to $199,999 4.1% 7.1%

EDUCATION

Education Melrose Park USA
< 9th Grade 18% 5.0%
9-12th Grade 11% 7.0%
High School or GED 34% 27.0%
Other College 15% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 2% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Melrose Park is a city in Illinois state in USA with a population of 25404 residents.. The poverty rate of Melrose Park is 15.8%, which is 13% higher than national average. The typical household in Melrose Park earns $53596 a year, compared to the national median of $67,500. Nearly 46.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Melrose Park remained 6.2%, which is 32% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Melrose Park is 105, which is 5% higher than national average. In Melrose Park, only 13% of adults have a bachelor's degree and 24% have some college but no degree. Median home value in Melrose Park is $200700 , which is 13% lower than national average. While median income in Melrose Park remained $53596, which is 21% lower than national average.
Melrose Park Scorecard

Jobs60%

Housing80%

Affordability50%

Safety80%

Amenities95%

Diversity80%

Education40%

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