Merced, California

Population

Growing. Up 10.2% since 2020.

99,724

people, the 77th-largest of California's cities and towns.

Census Population Estimates, 2025. Rank among California's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

6 in 10 jobs here go to people who live somewhere else.

62.1%

of 29,321 jobs located in Merced are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Unemployment, 2026

The low came in May: 6.8%.

8.5%

in August 2026, the latest month released. A year earlier it was 8.8%.

BLS Local Area Unemployment Statistics, monthly, through August 2026. Not seasonally adjusted, so compare with the same month a year earlier. Sources: BLS Local Area Unemployment Statistics

Rent

Median rent is up 81% since the 2005–2009 survey, before inflation.

$1,393

a month. California's median is $2,036.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent doubles.

A $1,377 gap between neighbors, the sharpest rent edge between adjacent tracts in Merced County.

• $1,090 Tract 25
• $2,467 Tract 10.07

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent sits inside what local wages can carry.

$996–$1,494

is the monthly rent range local workforce wages support.

• $1,393 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

70% of the housing here was built before 2000.

• 1,568 homes permitted, 2022–2025
• 23% of those were in multifamily buildings
• 70% of all homes were built before 2000

Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.8–1.0% to the 29,758 homes here.

224–293

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 49% less than California's.

$372,600

median home value in Merced.

• $372,600 Merced
• $734,700 California
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year