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Merriam, KS Real Estate


According to census data in the year 2000 there were 5,069 housing units in Merriam. This represents a 5.5% decline from 5,366 in 1990.

Of those housing units, 5,069 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Merriam is about 64.2%. Merriam's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Merriam were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom15.30%
Two Bedrooms29.30%
Three Bedrooms38.90%
Four Bedrooms12.30%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1964
Median Value of occupied units$112,900
Median Price asked for vacant units$86,300

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1969
Median Monthly Rent asked for vacant units$678

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.90%
Home Equity Loan7.60%
Simple Mortgage57.10%
Debt Free27.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%