Cost of Living in Merrick, New York
Merrick has a population of about 21,744. The median household income is $185,740, median gross rent is $2,919/month, and the median home value is $771,900. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Merrick expensive to live in?
Compared with the national median in this dataset, rent in Merrick is 76% above the national median and home values are 106% above the national median. Household income here is 121% above the national median. Monthly rent represents roughly 19% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Merrick?
The median gross rent in Merrick, New York is $2,919 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Merrick?
The median owner-occupied home value in Merrick is $771,900 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Merrick?
The median household income in Merrick is $185,740 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.