Merritt Park, NY
Population 1,723 · New York
About Merritt Park, NY
Merritt Park is a small town located in New York with a population of 1,723 residents according to the latest US Census Bureau American Community Survey data. The median household income is $136,250 per year, which is 81% above the national median of $75,149. The median age of 45.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Merritt Park features a median home value of $458,500, which is 87% above the national median of $244,900. This places Merritt Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,501, 201% above the national average of $1,163/month. Of the 750 total housing units, 83% are owner-occupied (550 units) and 17% are renter-occupied (116 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Merritt Park shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Merritt Park have an average one-way commute time of 42.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
42.6% of Merritt Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.1% White, 0.5% Hispanic or Latino, 2.4% Black or African American, and 4.1% Asian residents, with 21.6% of the population being foreign-born.
Cost of Living in Merritt Park, NY
Compared to national averages, Merritt Park has a median household income of $136,250 (81% above the national median of $75,149). Home values average $458,500, which is 87% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within New York, Merritt Park's income is 40% above the state average of $96,987, and home values are 18% above the state median of $387,181.
Why Live in Merritt Park, NY?
Merritt Park offers a strong local economy with a median household income of $136,250, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 42.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $458,500. However, Merritt Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Merritt Park has a population of 1,723 with a median age of 45.8 years. Compare Merritt Park with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Merritt Park
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pine Bush | 1,720 | $105,000 | $299,400 | Compare |
| Adams | 1,730 | $62,411 | $188,400 | Compare |
| West Hurley | 1,733 | $70,960 | $369,000 | Compare |
| Watkins Glen | 1,712 | $46,279 | $200,000 | Compare |
| Schuylerville | 1,706 | $76,250 | $193,000 | Compare |
| East Marion | 1,741 | $116,023 | $830,900 | Compare |
| Pittsford | 1,702 | $136,429 | $337,000 | Compare |
| West End | 1,744 | $72,647 | $145,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Merritt Park With Other Cities
Frequently Asked Questions about Merritt Park
What is the population of Merritt Park, NY?
The population of Merritt Park, NY is 1,723 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Merritt Park?
The median household income in Merritt Park, NY is $136,250 per year, which is 81% above the national median of $75,149.
What is the median home value in Merritt Park?
The median home value in Merritt Park, NY is $458,500, which is 87% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Merritt Park?
The median monthly rent in Merritt Park, NY is $3,501, which is 201% above the national average of $1,163/month.
What is the unemployment rate in Merritt Park?
The unemployment rate in Merritt Park, NY is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Merritt Park, NY a good place to live?
Merritt Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,723 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Merritt Park, NY?
42.6% of residents in Merritt Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Merritt Park?
Key cost-of-living indicators for Merritt Park, NY: median home value is $458,500 (87% above national), median rent is $3,501/month, and median household income is $136,250. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Merritt Park?
The poverty rate in Merritt Park, NY is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Merritt Park, NY?
Merritt Park's population is 1.1% White, 0.5% Hispanic or Latino, 2.4% Black or African American, 4.1% Asian, and 5.1% two or more races. 21.6% of residents are foreign-born.