Merrill, MI Profile: Facts & Data

Merrill, Michigan - Basic Facts

The Village of Merrill had a population of 677 as of July 1, 2024.

The primary coordinate point for Merrill is located at latitude 43.4097 and longitude -84.3289 in Saginaw County. The formal boundaries for the Village of Merrill encompass a land area of 0.7 sq. miles and a water area of 0 sq. miles. Saginaw County is in the Eastern time zone (GMT -5).

The Village of Merrill has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Merrill is located within Township of Jonesfield, a minor civil division (MCD) of Saginaw County.

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Merrill, MI Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	677 (100%)
Population in Households	677 (100.0%)
Population in Families	588 (86.9%)
Population in Group Quarters¹	0
Population Density	975
Diversity Index²	20


INCOME
Median Household Income	$55,556
Average Household Income	$81,718
% of Income for Mortgage⁴	19%
Per Capita Income	$34,039
Wealth Index⁵	73
Socioeconomic Status Index⁶	Moderate (48.7)

HOUSING
Total HU (Housing Units)	313 (100%)
Owner Occupied HU	253 (80.8%)
Renter Occupied HU	29 ( 9.3%)
Vacant Housing Units	31 ( 9.9%)
Median Home Value	$164,453
Average Home Value	$217,787
Housing Affordability Index³	124

HOUSEHOLDS
Total Households	282
Average Household Size	2.40
Family Households	206
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

313 (100%)

Owner Occupied HU

253 (80.8%)

Renter Occupied HU

29 ( 9.3%)

Vacant Housing Units

31 ( 9.9%)

Median Home Value

$164,453

Average Home Value

$217,787

Housing Affordability Index³

124

HOUSEHOLDS

Total Households

282

Average Household Size

2.40

Family Households

206

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.49%	0.90%
Households	0.59%	1.31%
Families		0.67%
Median Household Income		4.23%
Per Capita Income		4.09%
Owner Occupied HU		1.90%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.49%

0.90%

Households

0.59%

1.31%

Families

0.67%

Median Household Income

4.23%

Per Capita Income

4.09%

Owner Occupied HU

1.90%

Merrill, MI - Peer Comparisons by Rank and Percentile

The table below compares Merrill to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 497	33rd
Population Density	# 336	55th
Median Household Income	# 522	30th
Housing Affordability Index	# 381	51st
Per Capita Income	# 417	44th
Diversity Index	# 488	35th

Variable Description

Rank

Percentile

Total Population

# 497

33rd

Population Density

# 336

55th

Median Household Income

# 522

30th

Housing Affordability Index

# 381

51st

Per Capita Income

# 417

44th

Diversity Index

# 488

35th

Michigan Census Data Comparison Tool

Merrill, MI Profile: Facts & Data

Merrill, Michigan - Basic Facts

Merrill, MI Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Merrill, MI - Peer Comparisons by Rank and Percentile

Merrill, MI - Most Popular Things to Do

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