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Merced California Real Estate By Jennifer Hershey

Merced California Real Estate

Merced, California, is located in Merced County, of , and 74 miles E of San Jose, California. Merced has a population of 63,893.

Merced Homes

Merced properties pool is 20,480 residential properties including Merced new homes. Median age of real estate in Merced is 1975. Average Household size is 3.62 people. 6% are one bedroom homes, 18% are 2 bedroom homes, 52% are 3 bedroom homes, 20% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Merced Mortgage Statistics

Merced mortgages vs. USA median statistics

Homes Merced USA
Homes With No Mortgage 21%
30%
Homes With Mortgage 79%
70%
First Mortgage Only 60%
54%
First & Second Mortgage or HELOC 18%
16%

Merced Area Real Estate Tax

Merced Real estate Tax: Median Real Estate Taxes (2000) were $875 comparing to 1999 Median Family income $ 32,470. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Merced School District: Children make up 34.7% of Merced population. Merced has 22,161 under 18 years old residents, or 1.02 kids per one worker, or 1.08 kids per one household.

Merced Real Estate & Merced Homeownership

There are 4710.4 or 23% one person households, 5529.6 or 27% two person households, and 3276.8 or 16% three person households in Merced, California. Median residents age is 27.8, Senior citizens (65+) make up 6,021 or 9.4%% of Merced population.

There are 21,668 workers (over 16 years of age) in Merced. Of these, 93.05% drive to work. Approximately 0.74% of workers in Merced take public transportation. An estimated 1.56% walk to work.

Median Merced homeowner's housing expences are 21.8%

Crime in Merced (2003), crimes per 10,000 residents per year

Type of Crime Merced USA, 2003
Violent Crimes
99.54
47.5
Robberies
26.29
14.2
Aggravated Assaults
67.61
29.5
Property Crimes
738.11
358.8
Burglaries
138.04
74.0
Larceny-Thefts
498.02
241.5
Motor Vehicle Thefts
102.05
43.3

Invest in Merced Properties

When making a decision about buying real estate in Merced California area, you should consider following statistical data:

Category Merced USA
Near Medium City
-
Near Large City
San Jose, California
-
Merced Zip Codes
95340, 95348
-
Merced Area Codes
209
-
White population
52.4%
75.1%
African-American population
6.33%
12.3%
Asian
11.37%
3.6%
American Indian & Alaskan
1.28%
0.9%
Hispanic (of any race)
41.36%
12.5%
Median Family Income (1999)
$ 32,470%
$42,000
Population Below Poverty Level
27.37%
12.4%

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