Merritt, BC

Full City Profile · British Columbia

2.6 /5.0

C+ Fair

7,051 Population 701/sq mi density

$70,000 Median Income $43,680 per capita

$400,000 Home Value

$990 Median Rent 17.5% income on rent

47°F Avg Temperature 254 sunny days/yr

C+

Overall

2.6 / 5.0

Fair overall score based on economy, affordability, safety and education

C+

Economy

2.8 / 5.0

$70,000 median income, 9.6% unemployment

Affordability

3.4 / 5.0

$400,000 home value, $990/mo rent

C+

Safety

2.5 / 5.0

Education

1.6 / 5.0

7.8% bachelor's degree or higher

Merritt, BC

At a Glance

Median Income

$70,000

7% below

$43,680 per capita

Home Value

$400,000

42% above

Median Rent

$990/mo

15% below

17.5% of income on rent

Bachelor's Degree+

7.8%

77% below

31.7% high school+

Unemployment

9.6%

167% above

14.0% poverty rate

Avg Temperature

47°F

254 sunny days/yr

How Merritt Compares to the U.S. Average

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

Income

93%

Home Value

142%

Rent

85%

Poverty

113%

Bachelor's

23%

Unemployment

267%

Thin vertical line = U.S. national average (100%)

Is Merritt a Good Place to Live?

C+

2.6 / 5.0 — Fair

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Merritt residents earn a median household income of $70,000 , which is 7% below the national average of $75,149. Per capita income is $43,680. The unemployment rate stands at 9.6% (167% above the U.S. rate of 3.6%). 14.0% of residents live below the poverty line. The area is home to 219 business establishments.

Housing & Cost of Living

The median home value in Merritt is $400,000 , 42% above the national median of $281,900. Median rent is $990/month, with 17.5% of renters spending more than 30% of income on housing.

Education

7.8% of adults in Merritt hold a bachelor's degree or higher (77% below the national average). 31.7% have completed high school.

Climate & Weather

Merritt has an average annual temperature of 47°F (8°C). Winters average 28°F in January while summers reach 68°F in July. The area gets 254 sunny days per year. Annual precipitation totals 16.5 inches.

Data Overview

People

Population7,051

Median Age49.2 yrs

Density701/mi²

Male / Female49% / 52%

Economy

C+

Median Income$70,000

Per Capita$43,680

Unemployment9.6%

Poverty14.0%

Avg Weekly Wage$840

Housing

Home Value$400,000

Rent$990

Ownership73.1%

Housing Units2,975

Rent Burden17.5%

Crime

C+

Property3,500/100K

Burglary484/100K

Climate

Avg Temp47°F

Sunny Days254/yr

Rain16.5 in/yr

Elevation1,985 ft

Education

Bachelor's+7.8%

High School+31.7%

Graduate+3.9%

Community

Commute19 min