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Merton, WI Real Estate


According to census data in the year 2000 there were 619 housing units in Merton. This represents a 69.1% growth from 366 in 1990.

Of those housing units, 607 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.

Homeownership rate in Merton is about 95.4%. Merton's vacancy rate, including seasonal lodging, is about 1.8%. Average household size is 3.31 people.

The majority of houses, apartments or condos in Merton were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.40%
Two Bedrooms7.30%
Three Bedrooms55.90%
Four Bedrooms32%
Five Bedrooms or more2.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.35
Median year structure was built1986
Median Value of occupied units$200,500
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage11.50%
Home Equity Loan25.10%
Simple Mortgage50%
Debt Free12.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%