Is Merrydale, Louisiana a Good Place To Live? - Living In Merrydale, LA

Is Merrydale, Louisiana a good place to live?
Merrydale is a city in Louisiana state in USA with a population of 9523 residents.. The poverty rate of Merrydale is 28.4%, which is 103% higher than national average. The typical household in Merrydale earns $37728 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 24 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 72.9% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Merrydale are struggling financially. Nearly one in every 1 in every 7 workers in Merrydale is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Merrydale, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Merrydale remained 13.5%, which is 187% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Merrydale, only 19% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Merrydale is 89, which is 11% lower than national average. Median home value in Merrydale is $115800 , which is 50% lower than national average. While median income in Merrydale remained $37728, which is 44% lower than national average.
Population
9523
Unemployment
13.5%
187% NAT AVG.
Poverty
28.4%
103% NAT AVG.
Overall Score
5
Median Home Cost
$115800
50% NAT AVG.
Median Income
$37728
44% NAT AVG.
Median Rent
$927
20% NAT AVG.
Cost Of Living
89
11% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 7
People Earning < $10,000
1 in 24
People Earning < $50,000
72.9%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3.7
Pros & Cons Overview

Jobs30%

Housing60%

Affordability50%

Safety85%

Amenities85%

Diversity40%

Education60%

Commute85%