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Merrimack Mortgage Quotes And Real Estate


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Merrimack Mortgage and Real Estate Facts

Overview

In Merrimack there are 8,832 places to live. The town has, of course, a mix of various types of housing. Recently 87% of the livable housing units were owner-occupied.

Merrimack Mortgage

In Merrimack, 88% of housing units (exluding rentals) have a mortgage. Home equity loans and second mortgages are not rare in the town; about 18% of owners use them.

Mortgage and interest rate quotes for the Merrimack area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Merrimack Mortgage Statistics

CategoryValue
Homes With No Mortgage12%
With A Mortgage88%
First Mortgage Only69%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only6%
Home Equity Loan Only12%

Merrimack Housing Expenses

CategoryValue
Owner Costs as % of Income20.3%
Median Real Estate Taxes (2000)$3,194

Merrimack Household Size

CategoryValue
Total Occupied8,832
1-Person Households16%
2-Person Households33%
3-Person Households20%
4-Person Households20%
5-Person Households8%
6-Person Households2%
7+-Person Households1%

Merrimack Housing Stock

CategoryValue
Median Year Built1980
Median Year Built (Owner Occupied)1980
Median Year Built (Renter Occupied)1982

Merrimack Home Heating

CategoryValue
Using Utility Co. Gas Heat31%
Using Bottled/Tank Gas Heat20%
Using Electric Heat7%
Using Oil Heat39%
Using Coal0%
Using Wood Heating2%
Using Solar Heat0%
Other Heating1%
No Heating0%

Merrimack Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms22%
3 Bedrooms48%
4 Bedrooms25%
5+ Bedrooms3%

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