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MI area data

Merritt, MI

Merritt, MI.

Population: 631 (Census ACS)

The median home value (Census ACS) in Merritt, MI is $123,800. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with winter weather the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$123,800

Median home value (Census)

Very Low

Hazard risk (county)

Home values & appreciation

Median home value (Census)
$123,800
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median list price
$259,000
Active listings
2

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$723/mo
1BR fair-market rent
$863/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,273/mo
4BR fair-market rent
$1,333/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
winter weather
Notable hazard ratings (county)
winter weather: Relatively Moderate · hail: Relatively Low · cold wave: Relatively Low · lightning: Relatively Low · strong wind: Relatively Low
Wildfire risk to homes (county)
Higher than 25% of US counties
Buildings in wildfire direct-exposure zone
72.7%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Northernaire Plating (23.6 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
56.0°F
Average low
32.0°F
Annual precipitation
31.9 in
Annual snowfall
66.0 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
35
Days with Good air quality
313
Days with Moderate air quality
43
Highest AQI recorded (year)
133

Source: EPA annual air quality index (county-level)

Amenities

Airports within 30 mi
14
Nearest airport
Houghton Lake State Airport (8 mi)
Nearest major airport
Cherry Capital Airport (TVC) (42 mi)
Hospitals in or near this ZIP
6
Hospitals include
MUNSON HEALTHCARE GRAYLING HOSPITAL, MUNSON HEALTHCARE CADILLAC HOSPITAL, MYMICHIGAN MEDICAL CENTER CLARE
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1977
Housing built before 1970
34.9%
Housing built 2000 or later
19.1%
Median annual property tax
$1,245
Mean commute to work
32 min
Households with broadband internet
27.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
3,633
Average weekly wage
$932
Top industries (by employment)
Agriculture, Construction, Other Services
Annual residential building permits (county)
35

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Merritt, MI?
$123,800 (Census ACS).
What is typical rent in Merritt, MI?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Merritt, MI?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: winter weather.
What is the wildfire risk in Merritt, MI?
Risk to homes is higher than 25% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Merritt, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Merritt, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the air quality in Merritt, MI?
Good. Median AQI: 35. (EPA AQI).
What is the cost of living in Merritt, MI?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Merritt

Listing a home in Merritt, MI?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents