Cost of Living in Mercer County, Pennsylvania
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Mercer County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Mercer County, Pennsylvania
Mercer stays slightly ahead nationally
Mercer County's 16.0% rent-to-income ratio edges out the national standard, offering mild affordability advantages on a $60,614 median income. Rent averages $808 monthly, keeping housing costs lean for a county below the national income median.
Among Pennsylvania's most affordable
Mercer ranks near the top of Pennsylvania's affordability ladder with a 16.0% rent-to-income ratio, beating the state average of 16.5%. The county's $808 median rent reflects a consistent pattern of lower housing costs across western Pennsylvania.
The middle ground of northwest PA
Mercer's $808 rent sits between McKean ($769) and Lycoming ($887), while its $153,600 median home value bridges the gap between McKean's $98,700 and Lycoming's $195,600. The county offers a balanced third option for those exploring the region.
Balanced renting and ownership costs
Renters allocate $808 monthly (16% of $60,614 income) while homeowners pay $767 monthly (15.2%). This symmetry makes Mercer appealing for both demographics, with neither group overextended on housing.
Mercer splits the difference regionally
Seeking the sweet spot between McKean's rock-bottom costs and Lycoming's slightly higher values? Mercer offers balanced housing prices and ownership affordability across a stable regional job market.
Affordability Calculator
See how your income compares to housing costs in Mercer County
Rent Burden
16.0%
of gross income
Max Housing (28% Rule)
$1,414
per month
Owner Cost Burden
15.2%
of gross income
You can likely afford the median home in Mercer County
Median home value is $153,600. Estimated monthly cost: $1,226 vs. your max of $1,414.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.