Merritt

Small town · British Columbia · Population 7,051

Housing and jobs

Housing costs, rents, incomes and jobs in Merritt, with comparisons and sources.

24 · Below average

Average monthly rent$1,038/month

BC: $1,494/month · Canada: $1,209/month · 2006: $785/month · 2016: $961/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$400,000

BC: $785,000 · Canada: $472,000 · 2016: $285,980 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing17.5%

BC: 25.5% · Canada: 20.9% · 2006: 25.7% · 2016: 22.8% · Statistics Canada, 2021

31 · Below average

Median household income$70,000

BC: $85,000 · Canada: $84,000 · 2006: $56,695 · 2016: $67,682 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-1.2%

BC: 7.6% · Canada: 5.2% · 2016: 0.4% · Statistics Canada, 2021

Unemployment rate9.4%

BC: 8.4% · Canada: 10.3% · 2006: 8% · 2016: 9.5% · Statistics Canada, 2021