Cost of Living in Mercerville, NJ

Population 13,693 · New Jersey · Data vintage 2023

117
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Mercerville is a smaller New Jersey community of around 14000 residents, where median household incomes of $125,678 and housing costs ($331,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Mercerville is about 30 miles northeast of Philadelphia, the nearest large metro. Median home values run roughly 42% higher than Philadelphia's $232,000.

Cost Overview

Housing 108
Rent 130

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Mercerville

The median home value in Mercerville is $330,500 — 8% above the national median of $305,000. Median rent runs $1,704/month, 30% higher than the national median of $1,314/month. The median household income of $125,678/year is 69% higher than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 63.4°F and lows of 44.8°F, with about 26.6" of annual snowfall. Overall, Mercerville has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.

🏠 Housing

Median Home Value
$330,500
8% above avg
Median Rent
$1,704/mo
30% above avg
Price-to-Rent Ratio
16.2x
Favors buying
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 83.8%
Renter-occupied 16.2%

💰 Estimated Monthly Budget

Rent median rent
$1,704
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,318/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.5%

Commute Mode

Drove alone
71.5%
Carpooled
8.0%
Public transit
1.4%
Walked
0.7%
Work from home
17.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$125,678
69% above avg
Per Capita Income
$48,985
Unemployment Rate
4.7%
2% below avg
Poverty Rate
2.8%
Labor Force Participation
63.3%

🎓 Education

Bachelor's degree+ 29.5%
Graduate degree 14.2%

👥 Demographics

Median Age 41.9
Male median age 39.1
Female median age 42.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.4°F
Avg Low
44.8°F
Annual Precip
45.6"
Annual Snowfall
26.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637281868477665544
Low °F 242633425261676558463629
Precip" 3.292.654.003.633.994.354.424.224.053.793.204.04
Snow" 8.28.74.00.50.00.00.00.00.00.10.54.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
53.2%
Good air days/yr
244
Max AQI recorded
242
PM2.5 days
123
Ozone days

Frequently Asked Questions

What is the cost of living in Mercerville, NJ?

Mercerville has a cost index of 117 (100 = national average). It is 17% above the national average.

What is average rent in Mercerville, NJ?

The median gross rent in Mercerville is $1,704 per month based on 2023 Census data.

What is the average home price in Mercerville?

The median home value in Mercerville is $330,500 according to 2023 Census ACS data.

What is the median income in Mercerville?

The median household income in Mercerville is $125,678 per year (2023 ACS 5-year estimates).

What is the sales tax in Mercerville, NJ?

The combined state and local sales tax rate in Mercerville is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Mercerville, NJ affordable?

Mercerville is above average in cost of living, with an index of 117 — about 17% higher than the national average.

What is the weather like in Mercerville?

Mercerville has average high temperatures of 63.4°F and average lows of 44.8°F. Annual precipitation is 45.6". Average annual snowfall is 26.6". Data from NOAA 1991–2020 Climate Normals.

Mercerville at a Glance

Population
13,693
Median Income
$125,678
Home Value
$330,500
Median Rent
$1,704/mo
Unemployment
4.7%
Avg High Temp
63.4°F
Sales Tax
6.6%
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