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Learn about the people, housing, costs and businesses in Merkel, Texas
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Merkel.
True all-in cost — P&I, taxes, insurance & utilities for homes in Merkel.
Find and compare lenders active near Merkel.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Merkel.
Seismic risk and earthquake insurance estimates for Merkel.
Wildfire exposure and insurance estimates for Merkel.
Cost of living, demographics, and community profile
As of today, the 30-year fixed mortgage rate for Merkel is approximately 7.215% (7.263% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for MerkelThe median home value in Merkel is $126k. The median monthly rent is $1,068. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Merkel have decreased 1.4% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $905/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Merkel is $75k/year.
Calculate your buying powerThe largest employment sectors in Merkel are public administration (28%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.