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Merced Metro Area Housing

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As of 2010-2014, median price of a house in Merced Area is $152,600, which is much lower than the state average of $371,400 and is lower than the national average of $175,700. The median year that a house in Merced Area was built is 1982, which is newer than the median year for a house built in the state which is 1974 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 40,310 Owner Occupied Houses in Merced Area, #271

Merced Area	152,600 USD
California	371,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Merced Area		-46.06%
California		75.60%
U.S.		46.91%

*The Merced Area median house price growth rate is since 2005-2009. The California and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Merced Area	California	U.S.
Total Housing Units	83,903, see rank, 100%	13,781,929	132,741,033
Occupied Housing Units	76,516, 91.20%, see rank	91.55%	87.55%
Owner Occupied	40,310, 48.04%, see rank	50.13%	56.34%
Renter Occupied	36,206, 43.15%, see rank	41.42%	31.21%
Vacant Housing Units	7,387, 8.80%, see rank	8.45%	12.45%
For Rent	2,537, 3.02%, see rank	2.00%	2.34%
For Sale Only	949, 1.13%, see rank	0.83%	1.20%
Rented or Sold, Not Occupied	1,749, 2.08%, see rank	0.78%	0.92%
For Seasonal, Recreational, or Occasional Use	420, 0.50%, see rank	2.61%	3.97%
For Migrant Workers	132, 0.16%, see rank	0.02%	0.03%
Other Vacant	1,600, 1.91%, see rank	2.21%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #188

Merced Area	California	U.S.
1982	1974	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Merced Area	%	California	U.S.
Owner-Occupied Units	40,310	100%	6,908,925	74,787,460
With a Mortgage	28,856	71.59%, see rank	73.66%	65.58%
Without a Mortgage	11,454	28.41%, see rank	26.34%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Merced Area	1,405 USD
California	2,214 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Merced Area	%	California	U.S.
$299 or Less	45	0.16%, see rank	0.15%	0.20%
$300 to $499	411	1.42%, see rank	0.75%	1.59%
$500 to $699	1,360	4.71%, see rank	1.72%	5.01%
$700 to $999	4,748	16.45%, see rank	5.23%	14.32%
$1,000 to $1,499	9,581	33.20%, see rank	15.72%	27.90%
$1,500 to $1,999	6,236	21.61%, see rank	19.12%	20.35%
$2,000 to $2,999	4,664	16.16%, see rank	30.16%	19.52%
$3,000 or More	1,811	6.28%, see rank	27.14%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Merced Area	25.90% of the Total Income
California	28.30% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Merced Area	%	California	U.S.
10% or Less	1,333	4.62%, see rank	4.28%	5.86%
10% to 20%	7,656	26.53%, see rank	22.58%	31.95%
20% to 30%	8,109	28.10%, see rank	27.14%	27.64%
30% to 40%	4,344	15.05%, see rank	16.99%	13.74%
40% or More	7,217	25.01%, see rank	28.35%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Merced Area	374 USD
California	493 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Merced Area	%	California	U.S.
$199 or Less	1,383	12.07%, see rank	7.54%	7.76%
$200 to $299	2,400	20.95%, see rank	12.68%	14.70%
$300 to $499	4,466	38.99%, see rank	30.95%	34.63%
$500 to $699	2,002	17.48%, see rank	21.93%	21.16%
$700 or More	1,203	10.50%, see rank	26.89%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Merced Area	11.20% of the Total Income
California	11.30% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Merced Area	%	California	U.S.
10% or Less	5,161	45.06%, see rank	44.55%	40.19%
10% to 20%	3,399	29.68%, see rank	28.27%	31.47%
20% to 30%	1,273	11.11%, see rank	10.90%	12.24%
30% to 40%	643	5.61%, see rank	5.32%	5.64%
40% or More	836	7.30%, see rank	9.62%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Merced Area	California	U.S.
Total Housing Units	83,903, 100%	13,781,929	132,741,033
1-unit, Detached	62,231, 74.17%, see rank	58.17%	61.65%
1-unit, Attached	2,089, 2.49%, see rank	6.97%	5.82%
2 Units	3,035, 3.62%, see rank	2.54%	3.75%
3 or 4 Units	4,253, 5.07%, see rank	5.54%	4.43%
5 to 9 Units	3,944, 4.70%, see rank	6.12%	4.78%
10 or More Units	3,264, 3.89%, see rank	16.79%	13.08%
Mobile Home, Boat, RV, Van, etc.	5,087, 6.06%, see rank	3.88%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Merced Area	California	U.S.
Total Housing Units	83,903, 100%	13,781,929	132,741,033
1 Room	1,115, 1.33%, see rank	3.13%	1.95%
2 Rooms	960, 1.14%, see rank	3.93%	2.48%
3 Rooms	5,625, 6.70%, see rank	12.05%	9.13%
4 Rooms	14,373, 17.13%, see rank	19.24%	16.60%
5 Rooms	24,549, 29.26%, see rank	20.56%	20.41%
6 Rooms	18,105, 21.58%, see rank	16.99%	18.06%
7 Rooms	10,380, 12.37%, see rank	11.06%	12.27%
8 Rooms	4,770, 5.69%, see rank	6.58%	8.48%
9 Rooms or More	4,026, 4.80%, see rank	6.46%	10.60%
Median Rooms	5.30, see rank	5.10	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Merced Area	California	U.S.
Total Housing Units	83,903, 100%	13,781,929	132,741,033
No Bedroom	1,441, 1.72%, see rank	3.56%	2.17%
1 Bedroom	5,898, 7.03%, see rank	14.11%	11.16%
2 Bedrooms	17,910, 21.35%, see rank	28.01%	26.69%
3 Bedrooms	38,214, 45.55%, see rank	33.46%	39.70%
4 Bedrooms	17,426, 20.77%, see rank	16.55%	16.05%
5 or More Bedrooms	3,014, 3.59%, see rank	4.31%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Merced Area	California	U.S.
Total Housing Units	76,516, 100%	12,617,280	116,211,092
Utility Gas	41,625, 54.40%, see rank	65.57%	48.85%
Bottled, Tank, or LP Gas	3,124, 4.08%, see rank	3.16%	4.86%
Electricity	28,338, 37.04%, see rank	25.76%	36.68%
Fuel Oil, Kerosene, etc.	75, 0.10%, see rank	0.27%	5.86%
Coal or Coke	14, 0.02%, see rank	0.01%	0.12%
Wood	1,404, 1.83%, see rank	1.73%	2.12%
Solar Energy	83, 0.11%, see rank	0.14%	0.05%
Other Fuel	1,242, 1.62%, see rank	0.35%	0.47%
No Fuel Used	611, 0.80%, see rank	3.02%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Merced Area	California	U.S.
Occupied Units Paying Rent	33,821, 100%	5,526,560	39,201,928
$199 or Less	269, 0.80%, see rank	0.65%	1.50%
$200 to $299	724, 2.14%, see rank	2.00%	3.18%
$300 to $499	2,689, 7.95%, see rank	3.28%	7.37%
$500 to $699	6,881, 20.35%, see rank	6.23%	16.01%
$700 to $999	11,083, 32.77%, see rank	19.65%	29.17%
$1,000 to $1,499	9,849, 29.12%, see rank	34.37%	26.88%
$1,500 to $1,999	1,866, 5.52%, see rank	19.29%	9.79%
$2,000 or More	460, 1.36%, see rank	14.52%	6.10%
Median	$870, see rank	$1,243	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Merced Area	California	U.S.
Occupied Housing Units	76,516, 100%	12,617,280	116,211,092
No Vehicles Available	5,765, 7.53%, see rank	7.81%	9.12%
1 Vehicles Available	23,670, 30.93%, see rank	32.17%	33.80%
2 Vehicles Available	28,595, 37.37%, see rank	37.49%	37.48%
3 or More Vehicles Available	18,486, 24.16%, see rank	22.54%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.