Merrydale, LA Real Estate
According to census data in the year 2000 there were 3,503 housing units in Merrydale.
This represents a 1.4% growth from 3,453 in 1990.
Of those housing units, 3,503 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Merrydale is about 74.5%.
Merrydale's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 3.15 people.
The majority of houses, apartments or condos in Merrydale were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4% |
| One Bedroom | 4% |
| Two Bedrooms | 16.50% |
| Three Bedrooms | 66.10% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $62,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.3 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 63.70% |
| Debt Free | 24.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |
