Melrose is located in east New Mexico. Melrose is between the Curry, Quay, Roosevelt county. Melrose has 1.69 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Melrose population is 727, which has shrunk 1.22% since 2000. The population growth rate is much lower than the state average rate of 14.35% and is much lower than the national average rate of 11.61%. Melrose median household income is $32,734 in 2010-2014 and has grown by 23.03% since 2000. The income growth rate is lower than the state average rate of 31.74% and is lower than the national average rate of 27.36%. Melrose median house value is $71,100 in 2010-2014 and has grown by 75.12% since 2000. The house value growth rate is much higher than the state average rate of 47.36% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Melrose is better than the state average in quality. The Melrose area code is 575.