Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.6 yrs |
|---|---|
| Avg HH Size | 2.47 |
| Below Poverty | 8.3% ▼ 18% below avg |
| College Grads | 49.0% ▲ 26% above avg |
| Unemployment | 1.6% ▼ 68% below avg |
| No HS Diploma | 52 (1.1%) |
| HS Graduate | 1,141 (23.3%) |
| Some College | 655 (13.4%) |
| Associates | 648 (13.2%) |
| Bachelors | 565 (11.5%) |
| Graduate Degree | 1,833 (37.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $116,477 ▲ 53% above avg |
|---|---|
| Median Home Value | $531,300 ▲ 91% above avg |
| Home/Income Ratio | 4.6x (nat avg ~3.5x) |
| Median Rent | $1,236/mo |
| Total Housing Units | 2,851 |
| Vacant Units | 141 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Merrimac is a city in Massachusetts, located in Essex County. The city spans 1 ZIP code and is home to approximately 6,707 residents. It is a mature city, with a median age of 48.6 years.
Economically, Merrimac is a upper-middle-income community. The median household income of $116,477 is significantly above the national average. Approximately 8.3% of residents live below the poverty line. The unemployment rate is 1.6%, well below the national average.
The real estate market in Merrimac is a premium housing market. Median home values stand at $531,300, which is significantly above the national average. Renters typically pay around $1,236 per month. Homeownership is high at 79.0%, typical of suburban and family-oriented communities.
The population of Merrimac is well-educated. 49.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.59%).
Merrimac, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01860 | 6,707 | $116,477 | $531,300 | $1,236 | 1.6% | 49.0% | 79.0% |