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North Merrick, NY Real Estate


According to census data in the year 2000 there were 4,004 housing units in North Merrick. This represents a 0.6% growth from 3,981 in 1990.

Of those housing units, 4,004 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in North Merrick is about 93.2%. North Merrick's vacancy rate, including seasonal lodging, is about 1%. Average household size is 2.99 people.

The majority of houses, apartments or condos in North Merrick were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.90%
Two Bedrooms10.80%
Three Bedrooms41%
Four Bedrooms39.80%
Five Bedrooms or more6.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1953
Median Value of occupied units$234,600
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1954

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.10%
Home Equity Loan7.20%
Simple Mortgage55%
Debt Free32.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.2%