Merrifield, Minnesota Housing

Merrifield, Minnesota has a population of 120, with a median household income of $64,500.

Current housing data for Merrifield.

$285,000

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Population

120

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Median Income

$64,500

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Unemployment

4.10%

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Housing Price

$285,000

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Crime Rate

4.50

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Internet Speed

100.00 Mbps

Merrifield is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Merrifield is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Merrifield has a population of 120, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Merrifield is $64,500, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Merrifield average around $285,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Merrifield is 4.10%, slightly above the state average, suggesting moderate employment conditions. Merrifield has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Merrifield shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Merrifield offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Merrifield

What is the population of Merrifield?

The population of Merrifield is approximately 120.

Is Merrifield a good place to live?

Merrifield offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Merrifield?

The median household income in Merrifield is around $64,500.

How expensive is housing in Merrifield?

The average housing price in Merrifield is approximately $285,000.