Merino, CO Real Estate

According to census data in the year 2000 there were 133 housing units in Merino. This represents a 26.7% growth from 105 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 133 were located in what is classified as a rural area.

Homeownership rate in Merino is about 88.6%. Merino's vacancy rate, including seasonal lodging, is about 21.1%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Merino were built after 1948.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom1.50%
Two Bedrooms19.50%
Three Bedrooms59.40%
Four Bedrooms8.30%
Five Bedrooms or more9.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1951
Median Value of occupied units$66,900

Rented Homes, Apartments and Condos

Average Household Size1.67
Median year structure was built1939
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.70%
Second Mortgage8.10%
Home Equity Loan2.70%
Simple Mortgage41.90%
Debt Free44.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%