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These days, finding an affordable place to live in the Merced County area can be challenging. Home prices in Merced County are now at a median cost of $401,325, lower than the California average of $812,006.
The average cost of rent is $1,488/mo in Merced County, primarily driven by the current value of real estate in the Merced County area. In Merced County, 46.00% of households rent, and 36.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Merced County is $5,975 per month. Households that rent pay about 24.91% of their income on rent here. Merced County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Santa Clara County, CA: higher priced homes
- Inyo County, CA: less expensive homes
- Washington County, UT: higher priced homes
- Kane County, UT: higher priced homes
- Montezuma County, CO: less expensive homes
- La Plata County, CO: higher priced homes
- Archuleta County, CO: higher priced homes
- Conejos County, CO: less expensive homes
- Costilla County, CO: less expensive homes
- Las Animas County, CO: less expensive homes
Counties with Similar Populations
- Oneida County, NY: less expensive homes
- Luzerne County, PA: less expensive homes
- Marion County, FL: less expensive homes
- McLennan County, TX: less expensive homes
- Muscogee County, GA: less expensive homes
- New Hanover County, NC: equally priced homes
- New London County, CT: less expensive homes
- Norfolk City, VA: less expensive homes
- Northampton County, PA: less expensive homes
- Nueces County, TX: less expensive homes
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