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Merrillan, WI Real Estate


According to census data in the year 2000 there were 301 housing units in Merrillan. This represents a 13.6% growth from 265 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 301 were located in what is classified as a rural area.

Homeownership rate in Merrillan is about 70.8%. Merrillan's vacancy rate, including seasonal lodging, is about 12.3%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Merrillan were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom14.30%
Two Bedrooms35.90%
Three Bedrooms40.90%
Four Bedrooms6.30%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1949
Median Value of occupied units$59,500
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1954
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan4.50%
Simple Mortgage45.50%
Debt Free47.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%