All Countries
Merriam, IN
Full City Profile · Indiana · Noble County County
3.0
/5.0
B
Good
309
Population
312/sq mi density
$44,444
Median Income
$26,373 per capita
$123,800
Home Value
$251,591 Zillow
50°F
Avg Temperature
275 sunny days/yr
136
Violent Crime/100K
1,622 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$44,444 median income, 14.5% unemployment
A+
Affordability
5.0 / 5.0
$123,800 home value, /mo rent
F
Safety
1.0 / 5.0
136 violent crimes/100K
B
Education
3.2 / 5.0
27.3% bachelor's degree or higher
Housing Overview
Median Home Value
$123,800
56% below
US avg: $281,900
Homeownership Rate
77.5%
19% above US avg (65.4%)
Total Housing Units
131
Median year built: 1988
Home Value by Source
Census Median
$123,800
Zillow (ZHVI)
$251,591
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.5%
Owner-Occupied
22.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Affordability & Housing Stock
Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
77.5%
Complete Housing Data
Home Values
| Census Median Value | $123,800 |
| Zillow Home Value (ZHVI) | $251,591 |
Rent
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 77.5% |
| Renter-Occupied | 22.5% |
| Homeownership Rate | 77.5% |
| Total Housing Units | 131 |
| Median Year Built | 1988 |
| Rent Burden | 24.8% |