Living in Mercer, Missouri
Cost of living, income, home prices, rent and demographics of Mercer · Census data 2020–2024
Mercer has 325 residents with a median age of 54.7. The median household income is $39,028 (45% lower than the Missouri median), the median home value is $63,800, the median rent is $570/month.
Mercer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mercer at a glance
- Population
- 325
- Median age
- 54.7State: 39
- Median household income
- $39,028State: $70,702
- Median home value
- $63,800State: $230,300
- Median rent
- $570/moState: $1,033
- Homeowners
- 74.6%
- Bachelor's degree or higher
- 12.2%
- Average commute
- 21 min
Is Mercer a good place to live?
Pros: Home values 72% lower than the state median; an average commute of 21 minutes; unemployment of 1.9%; a poverty rate of 6.2%.
Cons: Median household income 45% lower than the Missouri median.
The weather is best in May–June and August–September.
Cost of living in Mercer
Housing is the biggest part of the cost of living. In Mercer the median home value is $63,800, 81% lower than the U.S. median. Renters pay a median of $570 per month, which is 28% of household income. Homeowners with a mortgage pay $750 a month in housing costs.
Mercer median household income
The median household income in Mercer is $39,028 and the income per person is $25,190. 6.2% of residents live below the poverty line (Missouri: 12.6%).
Housing in Mercer: homes for sale and rent
- Housing units
- 252
- Owner-occupied
- 74.6%
- Renter-occupied
- 25.4%
- Vacant
- 32.9%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 1.92
32.9% of homes are vacant most of the year, a sign that Mercer has many vacation and second homes.
Mercer demographics
- Population
- 325
- Median age
- 54.7
- Under 18
- 14.8%
- 65 and older
- 28.9%
- Households
- 169
- Foreign-born
- 3.4%
- Veterans
- 11.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Mercer ›
Education in Mercer
12.2% of adults 25 and older in Mercer have a bachelor's degree or higher (Missouri: 32.4%), and 3.9% have a graduate or professional degree.
Jobs and commute in Mercer
- Unemployment rate
- 1.9%State: 4%
- Average commute
- 21 minState: 24 min
- Work from home
- 0%
- Drive alone
- 77.1%
- Public transit
- 3.8%
- Walk to work
- 2.5%
- Homes with broadband
- 72.2%
Mercer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mercer | 325 | $39,028 | $63,800 | $570 |
| Lineville | 259 | $50,833 | $56,100 | $519 |
| Princeton | 1,352 | $58,558 | $78,000 | $547 |
| Cainsville | 212 | $41,667 | $62,000 | $538 |
| Allerton | 395 | $46,989 | $67,900 | $641 |
| Davis City | 160 | $36,833 | $54,300 | — |
| Spickard | 253 | $25,938 | $32,100 | — |
| Mount Moriah | 121 | $56,875 | $53,500 | — |
More for people moving to Mercer
Mercer ZIP code ›Weather and climate ›Living in Mercer: FAQ
What is the median household income in Mercer, MO?
The median household income in Mercer is $39,028, 45% lower than the Missouri median of $70,702 (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 $63,800, compared with $230,300 in Missouri.
How much is rent in Mercer?
The median gross rent in Mercer is $570 per month, about 28% of household income.
Is Mercer, MO a good place to live?
Pluses: home values 72% lower than the state median; an average commute of 21 minutes; unemployment of 1.9%; a poverty rate of 6.2%. Minuses: median household income 45% lower than the Missouri median.
What is the median age in Mercer?
The median age in Mercer is 54.7 years (Missouri: 39).
How long is the commute in Mercer?
The average commute to work in Mercer is 21 minutes; 0% of workers work from home.
What is the unemployment rate in Mercer?
The unemployment rate in Mercer is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mercer?
12.2% 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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