Cold Spring vs Melrose

A side-by-side comparison of Cold Spring and Melrose: population, income, housing, and more.

Cold Spring and Melrose are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Cold Spring has the higher population (4,201 vs 3,608 in Melrose). Cold Spring has the higher median household income ($72,022 vs $58,107 in Melrose). Cold Spring has the higher median home value ($242,000 vs $198,300 in Melrose).

Population, income & housing

	Cold Spring	Melrose
Population	4,201	3,608
Median age	40.9 yrs	43.4 yrs
Median household income	$72,022	$58,107
Median home value	$242,000	$198,300
Median gross rent	$1,297	$1,061
Housing units	1,802	1,655
Homeownership rate	68.9%	71.8%
Bachelor's degree or higher	29.1%	17.8%
Unemployment rate	3.8%	3.3%

Trends (ACS 5-year, 2019–2023)

	Cold Spring	Melrose
Population	4,189 → 4,201 (+0.3%)	3,647 → 3,608 (-1.1%)
Median household income	$61,548 → $72,022 (+17.0%)	$56,591 → $58,107 (+2.7%)
Median home value	$170,300 → $242,000 (+42.1%)	$131,000 → $198,300 (+51.4%)
Median gross rent	$942 → $1,297 (+37.7%)	$873 → $1,061 (+21.5%)

Cold Spring

Population

4,1894,201

Median household income

$61,548$72,022

Median home value

$170,300$242,000

Median gross rent

$942$1,297

Melrose

Population

3,6473,608

Median household income

$56,591$58,107

Median home value

$131,000$198,300

Median gross rent

$873$1,061

Age & race/ethnicity

Age distribution (share)

	Cold Spring	Melrose
Under 5	8.4%	6.9%
5 to 17	15.4%	15.2%
18 to 24	9.7%	6.9%
25 to 34	11.1%	11.9%
35 to 44	11.7%	9.8%
45 to 54	10.0%	12.4%
55 to 64	13.7%	14.9%
65 to 74	6.0%	13.5%
75 and over	13.9%	8.5%

Race & ethnicity (share)

	Cold Spring	Melrose
White (non-Hispanic)	92.5%	79.7%
Black or African American	0.1%	0.5%
American Indian & Alaska Native	0.2%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.4%	1.4%
Hispanic or Latino	5.8%	18.4%

Educational attainment (age 25+)

Share of adults 25+

	Cold Spring	Melrose
No high school diploma	7.7%	8.2%
High school graduate	25.6%	42.7%
Some college or associate's	37.6%	31.3%
Bachelor's degree	22.9%	9.2%
Graduate or professional degree	6.2%	8.6%

Commute to work

How workers get to work (share)

	Cold Spring	Melrose
Drove alone	86.7%	72.1%
Carpooled	2.4%	8.9%
Public transit	0.4%	0.1%
Walked	3.0%	8.1%
Bicycle	0.0%	1.0%
Worked from home	6.7%	9.8%
Other means	0.9%	0.0%

Housing

Units in structure (share)

	Cold Spring	Melrose
1-unit, detached	65.1%	72.0%
1-unit, attached	9.4%	0.6%
2 to 4 units	2.7%	6.8%
5 to 19 units	5.1%	0.6%
20 or more units	15.4%	13.4%
Mobile home & other	2.2%	6.6%

Poverty & households

	Cold Spring	Melrose
Poverty rate	9.9%	8.6%
Average household size	2.38	2.27
Mean commute (minutes)	22	19
Median year structure built	1990	1967