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Merrill, IA 51038 has a population of approximately 1,658 and experiences a population change rate of 7.45%. The population density is 18.4 / sq mi .
The median household income for Merrill, IA 51038 is $86,509, with 679 households and an average household size of 2.88.
The median value of a home in Merrill, IA 51038 is $228,800 with an appreciation rate of 12.40%. 82.38% of housing in the state is owned while 12.59% is rented.
The cost of living in Merrill, IA 51038 is 91.9 %.
The unemployment rate in Merrill, IA 51038 is 1.60%, and recent job growth is at 2.78%. Future job growth is projected at 44.10%.
The sales tax rate in Merrill, IA 51038 is 7.00%, while the income tax rate is 7.44% .
School expenditures in Merrill, IA 51038 are $13,006, and the school ratio is 14.7:1.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 8.2 degrees. The average rainfall is approximately 29.8 inches per year, with 32.1 inches of snow per year.