salaryRent is higher than in 57% of U.S. cities. Household incomes are higher than in 86% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (84.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $71,560 a year. That is $34 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
Yes. Rent here is cheaper than in most of New Jersey. It is number 54 of 291 cities from cheapest to most expensive.
How much do households earn in Mercerville?
Share of households by yearly income. 53.1% of households earn $100,000 or more.
Rent by apartment size in Mercerville
| Size | Mercerville | U.S. average |
|---|---|---|
| 1 bedroom | $1,588 | $1,324 |
| 2 bedrooms | $1,978 | $1,509 |
| 3 bedrooms | $1,957 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mercerville overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mercerville, so the New Jersey figure is shown.
Taxes and bills in Mercerville
Life in Mercerville
Is it cheaper to rent or buy in Mercerville?
Renting is cheaper right now: about $699 a month less.
Owning assumes a typical $358,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,860 for the down payment.
Frequently asked questions
What is the average rent in Mercerville, NJ?
Renting in Mercerville costs a median of about $1,789 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Mercerville?
To keep rent under 30% of income, you need about $71,560 a year, or $34 an hour at a full-time job.
Is Mercerville cheap or expensive?
Mercerville is rated Cheap: rent takes 15.5% of the typical household income of $138,347. It ranks 54th cheapest of 291 New Jersey cities we track.
How much are property taxes in Mercerville?
The median homeowner in Mercerville pays $8,185 a year in property taxes, about 2.28% of the median home value.
Is Mercerville more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Mercerville?
The median home value in Mercerville is $358,600, about 2.6 times the typical yearly household income.
13,535 people live in Mercerville. Numbers are typical (middle) values.