Skip to main content

MI area data

Merritt, MI

Merritt, MI.

Population: 631 (Census ACS)

Home values & appreciation

House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$175,000
Median list price
$234,900
Median days on market
37 days
Sale-to-list ratio
100.2%
Active listings
1

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)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
56.0°F
Average low
33.0°F
Annual precipitation
34.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
35
Days with Good air quality
337

Amenities

Nearest airport
Houghton Lake State Airport (8 mi)
Nearest major airport
Cherry Capital Airport (TVC) (42 mi)
Hospitals nearby (~15 mi)
6
Avg hospital rating
3.5 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Housing stock

Median year housing built
1,977
Median annual property tax
$1,245
Mean commute to work
32 min
Households with broadband internet
27.6%

Employment & development

Total county employment
3,509
Average weekly wage
$879
Top industries (by employment)
Agriculture, Construction, Accommodation & Food
Annual residential building permits (county)
35

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

Data last updated

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

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