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Merced has a population of approximately 85,993 and experiences a population change rate of 34.59%. The population density is 3,702.5 / sq mi .
The median household income for Merced is $52,305, with 26,673 households and an average household size of 3.19.
The median value of a home in Merced is $373,000 with an appreciation rate of 11.10%. 39.38% of housing in the state is owned while 54.53% is rented.
The cost of living in Merced is 107.5 %.
The unemployment rate in Merced is 7.40%, and recent job growth is at -1.10%. Future job growth is projected at 27.48%.
The sales tax rate in Merced is 8.25%, while the income tax rate is 9.30% .
School expenditures in Merced are $14,332, and the school ratio is 22.2:1.
The average high temperature in July is 95.1 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 12.5 inches per year, with 0 inches of snow per year.
