Real Estate details: Merced CA vs Elko new market MN
RE Insights
| Metric | Merced | Elko new market |
|---|---|---|
| Population | 91,563 | 5,024 |
| Median Home Price | $358,000 | $338,000 |
| Rent | 57% | 9% |
| Own | 43% | 91% |
Real Estate Insights Comparison: Merced vs Elko new market
- Merced has a larger population of 91,563 compared to 5,024 in Elko new market.
- A higher median home price of $358,000 is found in Merced compared to $338,000 in Elko new market.
- Rent in Merced is higher at 57% compared to 9% in Elko new market.
- More homeowners can be found in Elko new market at 91% compared to 43% in Merced.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.