Merkel, TX Real Estate
According to census data in the year 2000 there were 1,200 housing units in Merkel.
This represents a 1.9% growth from 1,178 in 1990.
Of those housing units, 1,185 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.
Homeownership rate in Merkel is about 69.9%.
Merkel's vacancy rate, including seasonal lodging, is about 16.3%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Merkel were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 13.40% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 45.80% |
| Four Bedrooms | 3.80% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $34,300 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $267 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 42.10% |
| Debt Free | 52.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
