City:
Merrimac is a city in the state of massachusetts with a population of roughly 6,890. It is in Essex County, Massachusetts the Boston-Cambridge-Newton, MA-NH core-based statistical areas (CBSA), and the Boston-Worcester-Providence, MA-RI-NH-CT combined statistical area (CSA).Its Zip codes include 01860 .
Real estate in Merrimac, MA is a hot commodity. The town has seen an influx of families and young professionals in recent years, which has led to an increase in home prices and rental rates.
The median home price in Merrimac is $369,900, which is significantly higher than the statewide median of $235,000. The town also boasts a high concentration of luxury homes; the most expensive property on the market is a six-bedroom house that's listed at $1.15 million.
Rental rates are also high in Merrimac. The average rent for a one-bedroom apartment is $2,100 per month, while two-bedroom apartments go for an average of $2,700 per month. This makes Merrimac one of the more affordable towns to live in if you're looking for a spacious place to call your own.
Price Index: Cambridge-Newton-Framingham, MA (MSAD)