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ZipNumbers

Iowa · Census place 51375

Merrill city, IA

Quick answer

Merrill city has 885 residents, ranking #322 of 1026 places in Iowa. Median household income is $79,250, the median home is worth $157,200 and median gross rent runs $581 a month.

Population
885Merrill city residents
Median household income
$79,250Past 12 months, inflation adjusted
Median home value
$157,200Owner-occupied units
Median gross rent
$581Rent plus utilities, monthly
Median age
36.2 yrsAll residents
Homeownership rate
81.9%Owner-occupied households

What the numbers mean in Merrill city

Housing cost measured against local earnings.

A household earning the Merrill city median would spend about 8.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.5% of residents and 81.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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