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Merrill, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
846
Population
$82,969
Median Income
$166,100
Home Value
36.9
Median Age

Demographics

Merrill has a population of 846 with a median age of 36.9. Here is the racial and ethnic breakdown of the population:

White
97.4%
Black
1.1%
Asian
0.7%
Demographic Value
Total Population846
Median Age36.9
White97.4%
Black or African American1.1%
Asian0.7%
Hispanic or Latino0.4%
Merrill, Iowa — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 97.8%Other: 2.2%846PopulationWhiteWhite97.8%OtherOther2.2%

Income & Economy

The median household income in Merrill is $82,969, which is 2.9% above the national median of $80,610. The per capita income is $35,893. The poverty rate is 4.9%.

$82,969
Median Household Income
$35,893
Per Capita Income
4.9%
Poverty Rate

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Education

In Merrill, 93.9% of residents age 25+ have a high school diploma or higher, and 13.0% hold a bachelor's degree or higher (3.0% with a graduate or professional degree).

HS Diploma+
93.9%
Bachelor's+
13.0%
Graduate+
3.0%
Education Level % of Adults (25+)
High School Diploma or Higher93.9%
Bachelor's Degree or Higher13.0%
Graduate or Professional Degree3.0%

Housing

The median home value in Merrill is $166,100, below the national median of $303,400. The median monthly rent is $626. The homeownership rate is 83.4%.

$166,100
Median Home Value
$626/mo
Median Rent
83.4%
Homeownership Rate
Housing Metric Value
Median Home Value$166,100
Median Monthly Rent$626
Homeownership Rate83.4%
Vacancy Rate8.3%

Salaries in Iowa

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Other Cities in Iowa

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Frequently Asked Questions

What is the population of Merrill, Iowa?
The population of Merrill, Iowa is 846 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Merrill, Iowa?
The median household income in Merrill, Iowa is $82,969. This is 2.9% above the national median of $80,610.
What is the median home value in Merrill, Iowa?
The median home value in Merrill, Iowa is $166,100. The median monthly rent is $626.
What percentage of people in Merrill have a college degree?
In Merrill, Iowa, 13.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.9% have a high school diploma or higher.
Is Merrill, Iowa an affordable place to live?
The home price-to-income ratio in Merrill, Iowa is 2.0x (median home value $166,100 vs. median income $82,969), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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