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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 $384,622, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,069/mo in Merrimac, primarily driven by the current value of real estate in the Merrimac area. In Merrimac, 11.08% of households rent, and 40.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Merrimac is $8,474 per month. Households that rent pay about 12.62% of their income on rent here. Merrimac’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Wisconsin, WI: higher priced homes
- Okee, WI: equally priced homes
- Lodi, WI: equally priced homes
- Prairie Du Sac, WI: less expensive homes
- Roxbury, WI: higher priced homes
- Baraboo, WI: less expensive homes
- Sauk City, WI: less expensive homes
- North Freedom, WI: less expensive homes
- West Baraboo, WI: less expensive homes
- Dane, WI: equally priced homes
Cities with Similar Populations
- Brinson, GA: less expensive homes
- Dayton, IN: less expensive homes
- Coyle, OK: less expensive homes
- Shelter Island, NY: higher priced homes
- Drexel, NC: less expensive homes
- Taylors Falls, MN: less expensive homes
- Cambria, WI: less expensive homes
- Thorp, WA: higher priced homes
- Elkhart, KS: less expensive homes
- Brogue, PA: less expensive homes
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