Living in Mercer, Wisconsin
Cost of living, income, home prices, rent and demographics of Mercer · Census data 2020–2024
Mercer has 365 residents with a median age of 61.7. The median household income is $37,917 (51% lower than the Wisconsin median), the median home value is $212,500, the median rent is $334/month.
Mercer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mercer at a glance
- Population
- 365
- Median age
- 61.7State: 40.2
- Median household income
- $37,917State: $77,485
- Median home value
- $212,500State: $266,500
- Median rent
- $334/moState: $1,087
- Homeowners
- 71.8%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 19 min
Is Mercer a good place to live?
Pros: Home values 20% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 51% lower than the Wisconsin median; a poverty rate of 17.8%.
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 $212,500, 36% lower than the U.S. median. Renters pay a median of $334 per month, which is 20.2% of household income. Homeowners with a mortgage pay $1,179 a month in housing costs.
Mercer median household income
The median household income in Mercer is $37,917 and the income per person is $35,449. 17.8% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Mercer: homes for sale and rent
- Housing units
- 478
- Owner-occupied
- 71.8%
- Renter-occupied
- 28.2%
- Vacant
- 49.6%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 1.51
49.6% of homes are vacant most of the year, a sign that Mercer has many vacation and second homes.
Mercer demographics
- Population
- 365
- Median age
- 61.7
- Under 18
- 7.1%
- 65 and older
- 37.3%
- Households
- 241
- Foreign-born
- 0%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Mercer ›
Education in Mercer
17.2% of adults 25 and older in Mercer have a bachelor's degree or higher (Wisconsin: 33.4%), and 1.8% have a graduate or professional degree.
Jobs and commute in Mercer
- Unemployment rate
- 0%State: 3.2%
- Average commute
- 19 minState: 22 min
- Work from home
- 1.1%
- Drive alone
- 93.3%
- Public transit
- 0%
- Walk to work
- 2.2%
- Homes with broadband
- 87.6%
Mercer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mercer | 365 | $37,917 | $212,500 | $334 |
| Lac du Flambeau | 1,503 | $35,208 | $134,800 | $541 |
| Boulder Junction | 193 | $43,063 | $275,000 | $805 |
| Pence | 149 | $70,625 | $115,000 | — |
| Ironwood | 4,997 | $41,250 | $83,100 | $622 |
| Montreal | 909 | $66,364 | $97,800 | $585 |
| Hurley | 1,354 | $47,083 | $86,700 | $678 |
| Iron Belt | 140 | $57,969 | $65,400 | — |
| Ramsay | 312 | $54,643 | $67,700 | — |
More for people moving to Mercer
Mercer ZIP code ›Weather and climate ›Living in Mercer: FAQ
What is the median household income in Mercer, WI?
The median household income in Mercer is $37,917, 51% lower than the Wisconsin median of $77,485 (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 $212,500, compared with $266,500 in Wisconsin.
How much is rent in Mercer?
The median gross rent in Mercer is $334 per month, about 20.2% of household income.
Is Mercer, WI a good place to live?
Pluses: home values 20% lower than the state median; an average commute of 19 minutes. Minuses: median household income 51% lower than the Wisconsin median; a poverty rate of 17.8%.
What is the median age in Mercer?
The median age in Mercer is 61.7 years (Wisconsin: 40.2).
How long is the commute in Mercer?
The average commute to work in Mercer is 19 minutes; 1.1% of workers work from home.
What is the unemployment rate in Mercer?
The unemployment rate in Mercer is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mercer?
17.2% 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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