Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Merton

Learn about the people, housing, costs and businesses in Merton, Wisconsin

Median Home$592,400
Median Rent$2,136/month
Population3,382
Leading IndustriesRetail · Arts, Food & Hospitality · Transportation19% retail
Home Value Growth⬆⬆+14.2% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners97% of occupied units
NotableHigh Incomes$174k/year · top 2% nationally
NotableHighly Educated35% bachelor's · 15% graduate · top 3% nationally
Merton
WI

Frequently Asked Questions

What are today's mortgage rates in Merton?

As of today, the 30-year fixed mortgage rate for Merton is approximately 6.813% (6.846% 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 Merton
What is the median home price in Merton?

The median home value in Merton is $592k. The median monthly rent is $2,136. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Merton?

Home values in Merton have increased 14.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Merton?

Based on a typical all-in ownership cost of $2,172/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $93k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Merton is $174k/year.

Calculate your buying power
What industries drive the economy in Merton?

The largest employment sectors in Merton are public administration (24%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.