Merrill, Oregon.
Typical home $238,096 (+2.9% in a year). Klamath Falls, OR metro.
to buy the typical home at today's mortgage rate — +$699 (+127%) since Jan 2020.
- 1 year
- Up $6,784 +3%
- $231,312$238,096 since Sep 2025
- 5 years
- Up $42,060 +21%
- $196,036$238,096 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Merrill$1,250
- Oregon$2,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Merrill, OR rose 2.9% over the past year — faster than the nation's +1.2%.
Living in Merrill, Klamath County, Oregon
Merrill is a city of 821 people in Klamath County. Unemployment in Klamath County was 6.8% in August 2026, and the county had 0.1% more jobs in 2025 than the year before. The most people in Klamath County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Merrill is a very small city in Klamath County, in south-central Oregon. Homes here are priced below what many Oregon buyers would expect, though the typical home value is a little above what you might guess for a town this size. Winters are cold and the town sees a fair amount of snow, while summers are warm and the year as a whole is fairly dry.
Work. Most residents work in schools, hospitals and social care, followed by shops, manufacturing, and restaurants, hotels and entertainment. Few adults hold a four-year degree, and very few work from home, so most people travel to their jobs. Across Klamath County, the largest workplaces include SKY Lakes Medical Center, Klamath County Schools and Oregon Institute of Technology. Unemployment across the county is slightly lower than a year ago, and the number of jobs has barely changed.
Things to do. Tule Lake and Lower Klamath Lake are both a short drive away, as is Lower Klamath National Wildlife Refuge, a protected area that suits a quiet day outdoors. For a longer drive, Lava Beds National Monument is a protected area set apart from the town. Winter brings snow, so it helps to check the road before heading out.
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- 6%of adults have a degree
- 1%work from home
What people in Klamath County work in
Employed residents by industry, from the Census survey. Klamath County had 23,884 jobs in 2025, 0.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 41° and lows near 20°; warmest in July, with highs near 86° and lows near 47°. About 23 inches of snow and 11 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Tulelake weather station, 8 miles away (NOAA).
Largest workplaces in Klamath County
- SKY Lakes Medical CenterGeneral hospital1,281FTE
- Klamath County SDSchool district937FTE
- Oregon Institute of TechnologyUniversity or college623
- Klamath Falls City SchoolsSchool district436FTE
- WalmartWarehouse clubs and supercenters416
- Klamath Community CollegeTwo-year college312
- Columbia Forest ProductsHardwood veneer or plywood manufacturing287
- New Horizons - Oregon South - Klamath FallsCompanion services for disabled persons, the elderly, and persons diagnosed with intellectual and developmental disabilities273
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 93 workplaces with 20 or more staff, 8,088 people in all across the county; Merrill has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- EarthquakesRelatively high
- Inland floodingRelatively high
- WildfireRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Merrill’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Klamath County and the Klamath Falls, OR metro.
Merrill home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Merrill$238,096
- Oregon$492,753
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Merrill address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Merrill — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.