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Housing Growth
Merced is experiencing a resurgence in housing growth as the area prepares for the University of California campus and continues to enjoy affordable housing costs. Residents of more expensive urban areas are beginning to see the appeal of Merced's charming housing stock, and the possibility of building affordable custom homes in the expanding areas of the City.
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HOUSING
GROWTH
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|
Total
Housing Units
|
1990 |
1995 |
1999 |
2000 |
2001 |
| City
of Merced |
18,947 |
20,086 |
20,777 |
21,074 |
21,712 |
| County |
58,410 |
64,970 |
68,542 |
69,684 |
69,391 |
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PROJECTED HOUSING DEMAND
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| jjjj |
2010 |
2015 |
2020 |
2035 |
| Net Population Increase |
37,651 |
22,706 |
22,707 |
71,149 |
| Multi-Family Units Needed |
5,236 |
3,158 |
3,158 |
9,895 |
| Single Family Units Needed |
7,854 |
4,737 |
4,737 |
14,842 |
| TOTAL UNITS NEEDED |
13,091 |
7,894 |
7,895 |
24,737 |
| Assumptions: Multi-Family dwellings will comprise 40% of new units, Single-Family dwellings will comprise 60% of new units, and 3.02 people will live in each unit. |
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