Last updated: 2024 BLS data · Page refreshed:
Merced has a population of 91,953 with a median age of 30.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 91,953 |
| Median Age | 30.0 |
| White | 28.9% |
| Black or African American | 5.0% |
| Asian | 9.6% |
| Hispanic or Latino | 60.1% |
The median household income in Merced is $63,122, which is 21.7% below the national median of $80,610. The per capita income is $27,343. The poverty rate is 23.9%.
The unemployment rate in Merced is 8.1%, compared to the national rate of 4.1%.
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In Merced, 76.9% of residents age 25+ have a high school diploma or higher, and 20.2% hold a bachelor's degree or higher (6.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 76.9% |
| Bachelor's Degree or Higher | 20.2% |
| Graduate or Professional Degree | 6.9% |
The median home value in Merced is $372,600, above the national median of $303,400. The median monthly rent is $1,393. The homeownership rate is 45.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $372,600 |
| Median Monthly Rent | $1,393 |
| Homeownership Rate | 45.9% |
| Vacancy Rate | 6.1% |
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