Merced, CA Real Estate
According to census data in the year 2000 there were 21,544 housing units in Merced.
This represents a 13.6% growth from 18,965 in 1990.
Of those housing units, 21,467 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.
Homeownership rate in Merced is about 46.2%.
Merced's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 3.06 people.
The majority of houses, apartments or condos in Merced were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||0.80%|
Owned Homes, Apartments and Condos
|Average Household Size||3.04|
|Median year structure was built||1975|
|Median Value of occupied units||$106,400|
|Median Price asked for vacant units||$104,500|
Rented Homes, Apartments and Condos
|Average Household Size||3.08|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$387|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||5.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.8%|