Merrimac, WI Real Estate
According to census data in the year 2000 there were 207 housing units in Merrimac.
This represents a 5.5% decline from 219 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 207 were located in what is classified as a rural area.
Homeownership rate in Merrimac is about 74.8%.
Merrimac's vacancy rate, including seasonal lodging, is about 23.2%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Merrimac were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.70% |
| Two Bedrooms | 36.20% |
| Three Bedrooms | 43.50% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $114,100 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 43.60% |
| Debt Free | 47.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
