Cost of Living in Mercer County, KY

What does it cost to live in Mercer County? Income, housing, and affordability breakdown.

Median Income

$60,728

Median Rent

$720/mo

Median Home

$181,400

Affordability

460

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$917
Property Tax$124
Insurance$60

Total Monthly$1,101
% of Income21.8%

Renting

Median Rent$720
Renter's Insurance$25

Total Monthly$745
% of Income14.2%

Living in Mercer County, Kentucky

Mercer County has a median household income of $60,728 with housing costs that represent 21.8% of income for owners and 14.2% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 460 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Kentucky

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.