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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

Housing Overview

Median Home Value
$73,400
74% below
US avg: $281,900
Median Rent
$1,099/mo
6% below
US avg: $1,163/mo
Homeownership Rate
28.0%
57% below US avg (65.4%)
Total Housing Units
1,657
Median year built: 1987

Home Value by Source

Census Median
$73,400
Zillow (ZHVI)
$412,402
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

28.0%
Owner-Occupied
72.0%
Renter-Occupied
28%
72%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,099/mo

Affordability & Housing Stock

Rent Burden
25.2%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
28.0%

Complete Housing Data

Home Values

Census Median Value$73,400
Zillow Home Value (ZHVI)$412,402

Rent

Census Median Rent$1,099
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Ownership & Stock

Owner-Occupied28.0%
Renter-Occupied72.0%
Homeownership Rate28.0%
Total Housing Units1,657
Median Year Built1987
Rent Burden25.2%