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Merrill, IA Housing

 
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As of 2010-2014, median price of a house in Merrill is $90,200, which is lower than the state average of $126,300 and is much lower than the national average of $175,700. The Merrill median house value has grown by 19.00% since 2000. The growth rate for the price of a house in Merrill is lower than the state average rate of 53.09% and is lower than the national average rate of 46.91%. The median year that a house in Merrill was built is 1960, which is older than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 279 Owner Occupied Houses in Merrill, IA, #359
Merrill, IA
90,200 USD
Iowa
126,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #845
Merrill, IA
19.00%
Iowa
53.09%
U.S.
46.91%
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

 Merrill, IAIowaU.S.
Total Housing Units344, see rank, 100%1,348,151132,741,033
Occupied Housing Units335, 97.38%, see rank91.40%87.55%
Owner Occupied279, 81.10%, see rank65.64%56.34%
Renter Occupied56, 16.28%, see rank25.76%31.21%
Vacant Housing Units9, 2.62%, see rank8.60%12.45%
For Rent0, 0.00%, see rank1.72%2.34%
For Sale Only0, 0.00%, see rank1.16%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.79%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank1.48%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant9, 2.62%, see rank3.45%4.00%

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

Year Structure Built

Median Built Year, #315
Merrill, IAIowaU.S.
196019661976

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

 Merrill, IA%IowaU.S.
Owner-Occupied Units279100%884,98474,787,460
With a Mortgage17763.44%, see rank61.75%65.58%
Without a Mortgage10236.56%, see rank38.25%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
Merrill, IA
779 USD
Iowa
1,181 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMerrill, IA%IowaU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $49995.08%, see rank2.39%1.59%
$500 to $6994827.12%, see rank8.63%5.01%
$700 to $9996436.16%, see rank23.95%14.32%
$1,000 to $1,4994827.12%, see rank35.90%27.90%
$1,500 to $1,99973.95%, see rank17.17%20.35%
$2,000 to $2,99910.56%, see rank9.44%19.52%
$3,000 or More00.00%, see rank2.31%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Merrill, IA
14.80% of the Total Income
Iowa
20.00% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Merrill, IA%IowaU.S.
10% or Less4123.16%, see rank7.42%5.86%
10% to 20%8346.89%, see rank42.29%31.95%
20% to 30%3419.21%, see rank27.59%27.64%
30% to 40%95.08%, see rank10.63%13.74%
40% or More105.65%, see rank11.73%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
Merrill, IA
262 USD
Iowa
431 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMerrill, IA%IowaU.S.
$199 or Less2221.57%, see rank5.58%7.76%
$200 to $2993938.24%, see rank14.17%14.70%
$300 to $4993837.25%, see rank45.62%34.63%
$500 to $69932.94%, see rank23.27%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Merrill, IA
10.00% of the Total Income
Iowa
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Merrill, IA%IowaU.S.
10% or Less5250.98%, see rank43.38%40.19%
10% to 20%3534.31%, see rank32.92%31.47%
20% to 30%76.86%, see rank11.83%12.24%
30% to 40%54.90%, see rank4.69%5.64%
40% or More32.94%, see rank6.38%9.16%

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

Units in Structure

 Merrill, IAIowaU.S.
Total Housing Units344, 100%1,348,151132,741,033
1-unit, Detached333, 96.80%, see rank73.88%61.65%
1-unit, Attached0, 0.00%, see rank3.72%5.82%
2 Units0, 0.00%, see rank2.37%3.75%
3 or 4 Units0, 0.00%, see rank3.38%4.43%
5 to 9 Units0, 0.00%, see rank3.70%4.78%
10 or More Units3, 0.87%, see rank9.11%13.08%
Mobile Home, Boat, RV, Van, etc.8, 2.33%, see rank3.84%6.49%

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

Rooms

 Merrill, IAIowaU.S.
Total Housing Units344, 100%1,348,151132,741,033
1 Room0, 0.00%, see rank1.15%1.95%
2 Rooms0, 0.00%, see rank2.07%2.48%
3 Rooms14, 4.07%, see rank7.28%9.13%
4 Rooms31, 9.01%, see rank14.50%16.60%
5 Rooms65, 18.90%, see rank18.57%20.41%
6 Rooms87, 25.29%, see rank17.20%18.06%
7 Rooms70, 20.35%, see rank13.83%12.27%
8 Rooms49, 14.24%, see rank10.61%8.48%
9 Rooms or More28, 8.14%, see rank14.79%10.60%
Median Rooms6.20, see rank5.905.50

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

Bedrooms

 Merrill, IAIowaU.S.
Total Housing Units344, 100%1,348,151132,741,033
No Bedroom0, 0.00%, see rank1.33%2.17%
1 Bedroom7, 2.03%, see rank9.36%11.16%
2 Bedrooms104, 30.23%, see rank28.37%26.69%
3 Bedrooms168, 48.84%, see rank38.82%39.70%
4 Bedrooms50, 14.53%, see rank17.31%16.05%
5 or More Bedrooms15, 4.36%, see rank4.82%4.22%

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

House Heating Fuel

 Merrill, IAIowaU.S.
Total Housing Units335, 100%1,232,228116,211,092
Utility Gas276, 82.39%, see rank63.45%48.85%
Bottled, Tank, or LP Gas7, 2.09%, see rank13.26%4.86%
Electricity52, 15.52%, see rank19.45%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.74%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank1.64%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.93%0.47%
No Fuel Used0, 0.00%, see rank0.49%1.00%

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

Gross Rent

Monthly RentalMerrill, IAIowaU.S.
Occupied Units Paying Rent54, 100%324,46939,201,928
$199 or Less0, 0.00%, see rank1.67%1.50%
$200 to $2990, 0.00%, see rank4.14%3.18%
$300 to $4990, 0.00%, see rank16.06%7.37%
$500 to $69931, 57.41%, see rank29.77%16.01%
$700 to $99916, 29.63%, see rank31.63%29.17%
$1,000 to $1,4997, 12.96%, see rank12.90%26.88%
$1,500 to $1,9990, 0.00%, see rank2.30%9.79%
$2,000 or More0, 0.00%, see rank1.53%6.10%
Median$688, see rank$689$920

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

Vehicle Available

 Merrill, IAIowaU.S.
Occupied Housing Units335, 100%1,232,228116,211,092
No Vehicles Available2, 0.60%, see rank5.69%9.12%
1 Vehicles Available112, 33.43%, see rank30.25%33.80%
2 Vehicles Available122, 36.42%, see rank39.60%37.48%
3 or More Vehicles Available99, 29.55%, see rank24.45%19.61%

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


 
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