Living in Mercer, Maine
Cost of living, income, home prices, rent and demographics of Mercer · Census data 2020–2024
Mercer has 718 residents with a median age of 43.4. The median household income is $71,107 (5% lower than the Maine median), the median home value is $238,500, the median rent is $1,422/month.
Mercer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mercer at a glance
- Population
- 718
- Median age
- 43.4State: 44.8
- Median household income
- $71,107State: $74,733
- Median home value
- $238,500State: $296,600
- Median rent
- $1,422/moState: $1,139
- Homeowners
- 92.1%
- Bachelor's degree or higher
- 34.1%
- Average commute
- 30 min
Is Mercer a good place to live?
Pros: Home values 20% lower than the state median; unemployment of 3.5%.
Cons: Median household income 5% lower than the Maine median; an average commute of 30 minutes; a poverty rate of 13.6%.
The weather is best in June to September.
Cost of living in Mercer
Housing is the biggest part of the cost of living. In Mercer the median home value is $238,500, 28% lower than the U.S. median. Renters pay a median of $1,422 per month, which is 16.3% of household income. Homeowners with a mortgage pay $1,450 a month in housing costs.
Mercer median household income
The median household income in Mercer is $71,107 and the income per person is $33,450. 13.6% of residents live below the poverty line (Maine: 10.7%).
Housing in Mercer: homes for sale and rent
- Housing units
- 510
- Owner-occupied
- 92.1%
- Renter-occupied
- 7.9%
- Vacant
- 33.3%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.11
33.3% of homes are vacant most of the year, a sign that Mercer has many vacation and second homes.
Mercer demographics
- Population
- 718
- Median age
- 43.4
- Under 18
- 20.1%
- 65 and older
- 25.9%
- Households
- 340
- Foreign-born
- 8.8%
- Veterans
- 10.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Mercer ›
Education in Mercer
34.1% of adults 25 and older in Mercer have a bachelor's degree or higher (Maine: 36.2%), and 9% have a graduate or professional degree.
Jobs and commute in Mercer
- Unemployment rate
- 3.5%State: 3.8%
- Average commute
- 30 minState: 25 min
- Work from home
- 20.5%
- Drive alone
- 78.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 93.2%
Mercer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mercer | 718 | $71,107 | $238,500 | $1,422 |
| New Sharon | 1,550 | $63,889 | $171,200 | $961 |
| Smithfield | 856 | $107,917 | $242,800 | $1,109 |
| Rome | 1,215 | $77,639 | $329,300 | $1,150 |
| Starks | 556 | $63,500 | $148,500 | $1,063 |
| Norridgewock | 3,288 | $61,579 | $151,900 | $1,063 |
| Vienna | 536 | $75,481 | $276,400 | — |
| Belgrade | 3,351 | $88,338 | $312,200 | $857 |
| Oakland | 6,309 | $77,813 | $236,000 | $939 |
More for people moving to Mercer
Mercer ZIP code ›Weather and climate ›Living in Mercer: FAQ
What is the median household income in Mercer, ME?
The median household income in Mercer is $71,107, 5% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Mercer?
The median home value in Mercer is $238,500, compared with $296,600 in Maine.
How much is rent in Mercer?
The median gross rent in Mercer is $1,422 per month, about 16.3% of household income.
Is Mercer, ME a good place to live?
Pluses: home values 20% lower than the state median; unemployment of 3.5%. Minuses: median household income 5% lower than the Maine median; an average commute of 30 minutes; a poverty rate of 13.6%.
What is the median age in Mercer?
The median age in Mercer is 43.4 years (Maine: 44.8).
How long is the commute in Mercer?
The average commute to work in Mercer is 30 minutes; 20.5% of workers work from home.
What is the unemployment rate in Mercer?
The unemployment rate in Mercer is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mercer?
34.1% of adults in Mercer have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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