Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merrimac area can be challenging. Home prices in Merrimac are now at a median cost of $431,056, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,187/mo in Merrimac, primarily driven by the current value of real estate in the Merrimac area. While nearly 36.48% of residents own their homes outright in Merrimac, 17.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merrimac is $9,250 per month. Households that rent pay about 12.83% of their income on rent here. Merrimac's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Amesbury, MA: less expensive homes
- Newton, NH: less expensive homes
- West Newbury, MA: higher priced homes
- Amesbury Town, MA: less expensive homes
- South Hampton, NH: equally priced homes
- Plaistow, NH: less expensive homes
- Kensington, NH: less expensive homes
- Groveland, MA: equally priced homes
- Haverhill, MA: less expensive homes
- East Kingston, NH: less expensive homes
Cities with Similar Populations
- New Lexington, OH: less expensive homes
- Pisgah Forest, NC: less expensive homes
- Pipersville, PA: higher priced homes
- Pipe Creek, TX: less expensive homes
- Pinnacle, NC: less expensive homes
- Pinconning, MI: less expensive homes
- Pikeville, TN: less expensive homes
- Peterborough, NH: less expensive homes
- Peshtigo, WI: less expensive homes
- Perryville, MD: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood