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Merrimac, VA

Full City Profile · Virginia · Montgomery County County

3.6 /5.0
B+ Good
2,955 Population 1,718/sq mi density
$55,202 Median Income $37,512 per capita
$73,400 Home Value $412,402 Zillow
$1,099 Median Rent 25.2% income on rent
52°F Avg Temperature 305 sunny days/yr
75 Violent Crime/100K 896 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$55,202 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$73,400 home value, $1,099/mo rent
F
Safety
1.0 / 5.0
75 violent crimes/100K
A
Education
4.4 / 5.0
42.4% bachelor's degree or higher

Income Overview

Median Household Income
$55,202
27% below
US avg: $75,149
Per Capita Income
$37,512
4% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
6.2%
50% below
US avg: 12.4%

Income Comparison: Merrimac vs. U.S. Average

Each bar shows Merrimac’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$55,202
73%
Per Capita
US: $39,052
$37,512
96%
IRS Avg AGI
US: $72,000
$85,369
119%
Avg Weekly Wage
US: $1,432
$1,169
82%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,169
18% below US avg ($1,432)
Mean Commute Time
14 min
49% below US avg (28 min)
Work From Home
8.2%
46% below US avg (15.2%)
Drive Alone
70.7%
3% below US avg (73.2%)
Public Transit
11.7%
134% above US avg (5.0%)

How Residents Get to Work

Drive Alone 70.7%
Public Transit 11.7%
Work From Home 8.2%
Other 9.4%
Average commute time
14 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,613
Restaurants
229
Healthcare
250
Retail
310
Manufacturing
52

Tax & Financial

IRS Avg Adjusted Gross Income
$85,369
19% above US avg ($72,000)
Avg Property Tax
$4,470
28% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$55,202
Per Capita Income$37,512
IRS Avg Adjusted Gross Income$85,369
Avg Weekly Wage$1,169

Hardship Indicators

Unemployment Rate1.5%
Poverty Rate6.2%
Gini Coefficient0.492
Cost of Living Index101.1

Commute

Mean Commute14 minutes
Drive Alone70.7%
Public Transit11.7%
Work From Home8.2%

Businesses

Total Establishments2,613
Restaurants229
Healthcare250
Retail310
Manufacturing52

Tax

IRS Avg AGI$85,369
Avg Property Tax$4,470