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Cost of Living in Mercer County, OH

Population 42,484 · Census ACS 2020–2024 5-year estimates

Median rent$804
Median home value$210,600
Median household income$76,782

The median rent in Mercer County, OH is $804/month, 22% lower than the Ohio median and 43% lower than the U.S. median. The median home value is $210,600, 37% lower than the national median. Households earn a median of $76,782 a year, 8% higher than the state median.

Affordability

Rent as a share of median income: 12.6%
Income needed for median rent (30% rule): $32,160/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,065/mo

Run your own numbers: mortgage calculator · hourly to salary

Mercer County vs. Ohio vs. U.S.

Mercer CountyOhioU.S.
Median rent$804$1,034$1,413
Median home value$210,600$214,800$332,700
Median household income$76,782$71,389$80,734
Homeownership rate79.6%67.2%65.2%
Bachelor's degree or higher21.9%31.5%35.7%
Poverty rate7.3%13.3%12.5%
Unemployment rate1.6%4.8%5.2%
Work from home4.4%13.0%15.1%
Median age39.439.738.9

FAQ

What is the average rent in Mercer County, OH?

The median gross rent in Mercer County, OH is $804 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Mercer County, OH?

Using the common 30% rule, renting a median-priced home takes about $32,160 a year in gross income.

Is Mercer County, OH expensive to live in?

Rent there is 43% lower than the U.S. median, and the median home costs about 2.7 times the median household income.

Other counties in Ohio

Franklin County, OHRent $1,302 · Income $75,176Cuyahoga County, OHRent $1,060 · Income $64,468Hamilton County, OHRent $1,075 · Income $72,470Summit County, OHRent $1,026 · Income $71,622Montgomery County, OHRent $1,026 · Income $66,139Lucas County, OHRent $934 · Income $62,224

Counties with a similar cost of living

Fillmore County, MNRent $797 · Income $77,512Banks County, GARent $827 · Income $77,063Jackson County, KSRent $814 · Income $75,215Washington County, ILRent $818 · Income $78,224Lafayette County, WIRent $830 · Income $76,462Jackson County, IARent $807 · Income $74,186

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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