Living in Merrimac, Massachusetts
Cost of living, income, home prices, rent and demographics of Merrimac · Census data 2020–2024
Merrimac has 6,748 residents with a median age of 49.4. The median household income is $123,054 (18% higher than the Massachusetts median), the median home value is $553,400, the median rent is $1,352/month.
Merrimac at a glance
- Population
- 6,748
- Median age
- 49.4State: 40
- Median household income
- $123,054State: $103,960
- Median home value
- $553,400State: $562,100
- Median rent
- $1,352/moState: $1,762
- Homeowners
- 81.3%
- Bachelor's degree or higher
- 41%
- Average commute
- 32 min
Is Merrimac a good place to live?
Pros: Median household income 18% higher than the Massachusetts median; home values about the same as the state median; unemployment of 1.5%; a poverty rate of 9.4%.
Cons: An average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Merrimac
Housing is the biggest part of the cost of living. In Merrimac the median home value is $553,400, 66% higher than the U.S. median. Renters pay a median of $1,352 per month, which is 31% of household income. Homeowners with a mortgage pay $2,571 a month in housing costs.
Merrimac median household income
The median household income in Merrimac is $123,054 and the income per person is $57,070. 9.4% of residents live below the poverty line (Massachusetts: 10%).
Housing in Merrimac: homes for sale and rent
- Housing units
- 2,899
- Owner-occupied
- 81.3%
- Renter-occupied
- 18.7%
- Vacant
- 2.9%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.39
Merrimac demographics
- Population
- 6,748
- Median age
- 49.4
- Under 18
- 16.5%
- 65 and older
- 26.7%
- Households
- 2,815
- Foreign-born
- 1.5%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Merrimac ›
Education in Merrimac
41% of adults 25 and older in Merrimac have a bachelor's degree or higher (Massachusetts: 47.3%), and 13.2% have a graduate or professional degree.
Jobs and commute in Merrimac
- Unemployment rate
- 1.5%State: 5.2%
- Average commute
- 32 minState: 29 min
- Work from home
- 8.5%
- Drive alone
- 86.3%
- Public transit
- 2%
- Walk to work
- 1.5%
- Homes with broadband
- 91.3%
Merrimac vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Merrimac | 6,748 | $123,054 | $553,400 | $1,352 |
| Newton | 4,836 | $138,487 | $459,500 | $1,683 |
| Amesbury | 17,403 | $103,554 | $519,300 | $1,683 |
| West Newbury | 4,591 | $179,500 | $808,200 | $1,675 |
| Plaistow | 7,861 | $108,317 | $404,500 | $1,664 |
| South Hampton | 984 | $152,500 | $661,100 | $1,889 |
| Haverhill | 67,698 | $88,326 | $453,900 | $1,668 |
| Groveland | 6,777 | $141,487 | $610,900 | $1,825 |
| East Kingston | 2,311 | $138,194 | $575,500 | — |
More for people moving to Merrimac
Merrimac ZIP code ›Weather and climate ›Living in Merrimac: FAQ
What is the median household income in Merrimac, MA?
The median household income in Merrimac is $123,054, 18% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Merrimac?
The median home value in Merrimac is $553,400, compared with $562,100 in Massachusetts.
How much is rent in Merrimac?
The median gross rent in Merrimac is $1,352 per month, about 31% of household income.
Is Merrimac, MA a good place to live?
Pluses: median household income 18% higher than the Massachusetts median; home values about the same as the state median; unemployment of 1.5%; a poverty rate of 9.4%. Minuses: an average commute of 32 minutes.
What is the median age in Merrimac?
The median age in Merrimac is 49.4 years (Massachusetts: 40).
How long is the commute in Merrimac?
The average commute to work in Merrimac is 32 minutes; 8.5% of workers work from home.
What is the unemployment rate in Merrimac?
The unemployment rate in Merrimac is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Merrimac?
41% of adults in Merrimac have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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