Mercer County Housing
As of 2010-2014, median price of a house in Mercer County is $280,400, which is lower than the state average of $319,900 and is higher than the national average of $175,700. The Mercer County median house value has grown by 90.23% since 2000. The growth rate for the price of a house in Mercer County is higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in Mercer County was built is 1964, which is older than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 85,625 Owner Occupied Houses in Mercer County, #12Mercer County | 280,400 USD |
New Jersey | 319,900 USD |
U.S. | 175,700 USD |
Mercer County | 90.23% |
New Jersey | 87.30% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Mercer County | New Jersey | U.S. | |
Total Housing Units | 144,069, see rank, 100% | 3,572,138 | 132,741,033 |
Occupied Housing Units | 131,475, 91.26%, see rank | 89.26% | 87.55% |
Owner Occupied | 85,625, 59.43%, see rank | 58.06% | 56.34% |
Renter Occupied | 45,850, 31.83%, see rank | 31.20% | 31.21% |
Vacant Housing Units | 12,594, 8.74%, see rank | 10.74% | 12.45% |
For Rent | 3,728, 2.59%, see rank | 2.18% | 2.34% |
For Sale Only | 1,585, 1.10%, see rank | 1.02% | 1.20% |
Rented or Sold, Not Occupied | 950, 0.66%, see rank | 0.70% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 704, 0.49%, see rank | 3.72% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 5,627, 3.91%, see rank | 3.11% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #15Mercer County | New Jersey | U.S. |
1964 | 1966 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Mercer County | % | New Jersey | U.S. | |
Owner-Occupied Units | 85,625 | 100% | 2,073,915 | 74,787,460 |
With a Mortgage | 61,055 | 71.31%, see rank | 69.83% | 65.58% |
Without a Mortgage | 24,570 | 28.69%, see rank | 30.17% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Mercer County | 2,304 USD |
New Jersey | 2,428 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Mercer County | % | New Jersey | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.04% | 0.20% |
$300 to $499 | 155 | 0.25%, see rank | 0.35% | 1.59% |
$500 to $699 | 417 | 0.68%, see rank | 0.83% | 5.01% |
$700 to $999 | 2,031 | 3.33%, see rank | 2.80% | 14.32% |
$1,000 to $1,499 | 8,599 | 14.08%, see rank | 11.13% | 27.90% |
$1,500 to $1,999 | 11,856 | 19.42%, see rank | 17.94% | 20.35% |
$2,000 to $2,999 | 20,723 | 33.94%, see rank | 36.29% | 19.52% |
$3,000 or More | 17,274 | 28.29%, see rank | 30.63% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Mercer County | 25.50% of the Total Income |
New Jersey | 27.50% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Mercer County | % | New Jersey | U.S. | |
10% or Less | 2,575 | 4.22%, see rank | 3.98% | 5.86% |
10% to 20% | 16,764 | 27.46%, see rank | 23.73% | 31.95% |
20% to 30% | 18,390 | 30.12%, see rank | 28.42% | 27.64% |
30% to 40% | 9,832 | 16.10%, see rank | 16.62% | 13.74% |
40% or More | 13,212 | 21.64%, see rank | 26.85% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Mercer County | 935 USD |
New Jersey | 972 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Mercer County | % | New Jersey | U.S. |
$199 or Less | 270 | 1.10%, see rank | 1.19% | 7.76% |
$200 to $299 | 382 | 1.55%, see rank | 1.66% | 14.70% |
$300 to $499 | 1,544 | 6.28%, see rank | 6.42% | 34.63% |
$500 to $699 | 3,578 | 14.56%, see rank | 13.17% | 21.16% |
$700 or More | 18,796 | 76.50%, see rank | 77.56% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Mercer County | 16.10% of the Total Income |
New Jersey | 18.40% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Mercer County | % | New Jersey | U.S. | |
10% or Less | 6,328 | 25.75%, see rank | 21.71% | 40.19% |
10% to 20% | 8,543 | 34.77%, see rank | 32.37% | 31.47% |
20% to 30% | 3,809 | 15.50%, see rank | 16.94% | 12.24% |
30% to 40% | 2,137 | 8.70%, see rank | 9.46% | 5.64% |
40% or More | 3,525 | 14.35%, see rank | 18.56% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Mercer County | New Jersey | U.S. | |
Total Housing Units | 144,069, 100% | 3,572,138 | 132,741,033 |
1-unit, Detached | 70,057, 48.63%, see rank | 53.67% | 61.65% |
1-unit, Attached | 30,781, 21.37%, see rank | 9.26% | 5.82% |
2 Units | 7,337, 5.09%, see rank | 9.53% | 3.75% |
3 or 4 Units | 6,065, 4.21%, see rank | 6.43% | 4.43% |
5 to 9 Units | 5,871, 4.08%, see rank | 4.80% | 4.78% |
10 or More Units | 23,514, 16.32%, see rank | 15.34% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 444, 0.31%, see rank | 0.98% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Mercer County | New Jersey | U.S. | |
Total Housing Units | 144,069, 100% | 3,572,138 | 132,741,033 |
1 Room | 2,573, 1.79%, see rank | 2.71% | 1.95% |
2 Rooms | 2,967, 2.06%, see rank | 2.15% | 2.48% |
3 Rooms | 13,749, 9.54%, see rank | 10.30% | 9.13% |
4 Rooms | 20,920, 14.52%, see rank | 15.19% | 16.60% |
5 Rooms | 21,476, 14.91%, see rank | 16.72% | 20.41% |
6 Rooms | 26,675, 18.52%, see rank | 16.15% | 18.06% |
7 Rooms | 20,186, 14.01%, see rank | 12.48% | 12.27% |
8 Rooms | 14,910, 10.35%, see rank | 10.49% | 8.48% |
9 Rooms or More | 20,613, 14.31%, see rank | 13.81% | 10.60% |
Median Rooms | 5.90, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Mercer County | New Jersey | U.S. | |
Total Housing Units | 144,069, 100% | 3,572,138 | 132,741,033 |
No Bedroom | 2,842, 1.97%, see rank | 2.88% | 2.17% |
1 Bedroom | 21,170, 14.69%, see rank | 14.18% | 11.16% |
2 Bedrooms | 33,642, 23.35%, see rank | 25.93% | 26.69% |
3 Bedrooms | 48,344, 33.56%, see rank | 32.62% | 39.70% |
4 Bedrooms | 29,695, 20.61%, see rank | 18.83% | 16.05% |
5 or More Bedrooms | 8,376, 5.81%, see rank | 5.56% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Mercer County | New Jersey | U.S. | |
Total Housing Units | 131,475, 100% | 3,188,498 | 116,211,092 |
Utility Gas | 96,185, 73.16%, see rank | 74.16% | 48.85% |
Bottled, Tank, or LP Gas | 1,619, 1.23%, see rank | 1.94% | 4.86% |
Electricity | 18,251, 13.88%, see rank | 11.66% | 36.68% |
Fuel Oil, Kerosene, etc. | 14,135, 10.75%, see rank | 11.10% | 5.86% |
Coal or Coke | 12, 0.01%, see rank | 0.03% | 0.12% |
Wood | 254, 0.19%, see rank | 0.44% | 2.12% |
Solar Energy | 19, 0.01%, see rank | 0.03% | 0.05% |
Other Fuel | 638, 0.49%, see rank | 0.32% | 0.47% |
No Fuel Used | 362, 0.28%, see rank | 0.32% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Mercer County | New Jersey | U.S. |
Occupied Units Paying Rent | 44,249, 100% | 1,077,463 | 39,201,928 |
$199 or Less | 1,243, 2.81%, see rank | 1.46% | 1.50% |
$200 to $299 | 1,944, 4.39%, see rank | 3.04% | 3.18% |
$300 to $499 | 1,788, 4.04%, see rank | 3.86% | 7.37% |
$500 to $699 | 2,145, 4.85%, see rank | 4.64% | 16.01% |
$700 to $999 | 8,789, 19.86%, see rank | 19.19% | 29.17% |
$1,000 to $1,499 | 17,502, 39.55%, see rank | 40.89% | 26.88% |
$1,500 to $1,999 | 6,762, 15.28%, see rank | 17.11% | 9.79% |
$2,000 or More | 4,076, 9.21%, see rank | 9.81% | 6.10% |
Median | $1,135, see rank | $1,188 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Mercer County | New Jersey | U.S. | |
Occupied Housing Units | 131,475, 100% | 3,188,498 | 116,211,092 |
No Vehicles Available | 15,551, 11.83%, see rank | 11.70% | 9.12% |
1 Vehicles Available | 43,806, 33.32%, see rank | 34.71% | 33.80% |
2 Vehicles Available | 49,711, 37.81%, see rank | 36.16% | 37.48% |
3 or More Vehicles Available | 22,407, 17.04%, see rank | 17.43% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.