Merrill, IA Real Estate
According to census data in the year 2000 there were 294 housing units in Merrill.
This represents a 6.1% growth from 277 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 294 were located in what is classified as a rural area.
Homeownership rate in Merrill is about 88.9%.
Merrill's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Merrill were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||6.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1955|
|Median Value of occupied units||$75,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1945|
|Median Monthly Rent asked for vacant units||$314|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||13.5%|