What percentage of people rent in Merrimac, VA?
73.4% (±8.8 points) of the occupied homes in Merrimac, VA are rented (2020–2024 American Community Survey).
That is 1,095 renting households against 397 that own their home.
In Merrimac, the share of households that rent went from 63.0% in 2015–2019 to 73.4% in 2020–2024 (+10.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 73.4% (±8.8 points)
- Renting households
- 1,095 (±160)
- Median renter income
- $53,935 (±$10,875)
Who rents and who owns in Merrimac
| Merrimac | Montgomery County | Virginia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 73.4% (±8.8 points) | 44.7% (±1.8 points) | 32.7% (±0.3 points) | 34.8% |
| Renting households | 1,095 (±160) | 16,523 (±787) | 1,099,123 (±8,702) | 45,017,354 |
| Owning households | 397 (±153) | 20,438 (±680) | 2,266,609 (±13,049) | 84,210,142 |
| Average renter household size | 1.8 (±0.2) | 2.4 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 1.6 (±0.3) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $53,935 (±$10,875) | $36,307 (±$2,475) | $60,343 (±$529) | $52,966 |
| Median owner household income | $52,150 (±$46,846) | $105,795 (±$5,468) | $114,147 (±$479) | $100,009 |
In Merrimac, the renter share is higher than in Montgomery County (44.7%).
It is also higher than in Virginia (32.7%).
It is higher than the national figure (34.8%).
In Montgomery County, Merrimac ranks 1 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 12 of 464.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Merrimac has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 63.0% (±10.2 points) | 73.4% (±8.8 points) | +10.4 percentage points | Not a measurable change |
| Median gross rent | $662 (±$325) | $1,101 (±$235) | +66.3% | No measurable change after inflation |
| Median household income | $43,846 (±$27,648) | $53,611 (±$9,466) | +22.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Merrimac
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Merrimac | — | 73.4% (±8.8 points) | — |
| Blacksburg | 2.5 mi | 64.2% (±2.7 points) | Not measurably different |
| Christiansburg | 3.9 mi | 40.2% (±3.8 points) | Lower |
| Plum Creek | 6.5 mi | 39.1% (±17.5 points) | Lower |
| Fairlawn | 7.5 mi | 16.4% (±7.7 points) | Lower |
| Riner | 8.9 mi | 8.6% (±10.6 points) | Lower |
| Radford | 9.1 mi | 57.7% (±3.7 points) | Lower |
| Shawsville | 9.4 mi | 16.9% (±14.6 points) | Lower |
| Pembroke | 15 mi | 30.6% (±10.4 points) | Lower |
Nearby places with a measurably lower figure: Christiansburg, VA (40.2%), Plum Creek, VA (39.1%), Fairlawn, VA (16.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Montgomery County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Merrimac | 73.4% (±8.8 points) |
| 2 | Blacksburg | 64.2% (±2.7 points) |
| 3 | Christiansburg | 40.2% (±3.8 points) |
| 4 | Plum Creek | 39.1% (±17.5 points) |
| 5 | Shawsville | 16.9% (±14.6 points) |
| 6 | Riner | 8.6% (±10.6 points) |
Merrimac is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Merrimac
How many renters are there in Merrimac?
Merrimac has an estimated 1,095 (±160) renting households, 73.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Merrimac?
In Merrimac, the share of households that rent went from 63.0% in 2015–2019 to 73.4% in 2020–2024 (+10.4 percentage points), not a measurable change.
How big are renting households in Merrimac?
A renting household in Merrimac has 1.8 people on average, against 1.6 in an owned home.
How much do renters earn in Merrimac?
The median renting household in Merrimac, VA has an income of $53,935 (±$10,875) a year, against $52,150 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Merrimac CDP, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Merrimac CDP, Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Merrimac CDP, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Merrimac CDP, Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Merrimac CDP, Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Merrimac CDP, Virginia (place:51208, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Merrimac at a glance
- Median rent in Merrimac
- Rent by bedrooms in Merrimac
- Rent burden in Merrimac
- Income and affordability in Merrimac
- Types of homes in Merrimac
- Bedrooms in Merrimac
- Age of homes in Merrimac
- Vacancy rate in Merrimac
- Heating fuel in Merrimac
- Commute and cars in Merrimac
- Population growth in Merrimac
- How long people stay in Merrimac
- Crowding and facilities in Merrimac
- Virginia landlord and tenant rules
- Housing across Montgomery County
- Virginia places ranked by share of renters
- Housing data for every place in Virginia