Merton, WI Real Estate
According to census data in the year 2000 there were 619 housing units in Merton.
This represents a 69.1% growth from 366 in 1990.
Of those housing units, 607 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.
Homeownership rate in Merton is about 95.4%.
Merton's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 3.31 people.
The majority of houses, apartments or condos in Merton were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.40% |
| Two Bedrooms | 7.30% |
| Three Bedrooms | 55.90% |
| Four Bedrooms | 32% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.35 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $200,500 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 25.10% |
| Simple Mortgage | 50% |
| Debt Free | 12.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
