Mercer, MO
Population 359 · Missouri
About Mercer, MO
Mercer is a small community located in Missouri with a population of 359 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,583 per year, which is 47% below the national median of $75,149. The median age of 50.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Mercer features a median home value of $58,100, which is 76% below the national median of $244,900. This makes Mercer one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $399, 66% below the national average of $1,163/month. Of the 227 total housing units, 63% are owner-occupied (104 units) and 37% are renter-occupied (60 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Mercer shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mercer have an average one-way commute time of 21.6 minutes.
Education & Demographics
12.1% of Mercer residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.4% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 3.9% Asian residents, with 4.2% of the population being foreign-born.
How Mercer Ranks in Missouri
Cost of Living in Mercer, MO
Compared to national averages, Mercer has a median household income of $39,583 (47% below the national median of $75,149). Home values average $58,100, which is 76% below the national median. Monthly rent at $399 is 66% below the US average of $1,163. Within Missouri, Mercer's income is 35% below the state average of $61,047, and home values are 61% below the state median of $150,786.
Why Live in Mercer, MO?
Mercer offers affordable housing with a median home value of $58,100, below the US average of $244,900, and rent that’s lower than the national average at $399/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 6.4%, better than the national average, and short commute times averaging just 21.6 minutes.
Potential considerations include median household income ($39,583) that falls below the national average. However, Mercer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mercer has a population of 359 with a median age of 50.2 years. Compare Mercer with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Mercer
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Monticello | 358 | $102,750 | $104,700 | Compare |
| Oak Grove Village | 358 | $46,250 | $143,800 | Compare |
| Uplands Park | 358 | $50,313 | $85,800 | Compare |
| Blythedale | 357 | $36,818 | $24,800 | Compare |
| Mayview | 357 | $87,188 | $105,600 | Compare |
| Mindenmines | 362 | $23,088 | $47,600 | Compare |
| Sheldon | 362 | $42,386 | $76,700 | Compare |
| Urich | 362 | $41,563 | $70,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Mercer With Other Cities
Frequently Asked Questions about Mercer
What is the population of Mercer, MO?
The population of Mercer, MO is 359 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Mercer?
The median household income in Mercer, MO is $39,583 per year, which is 47% below the national median of $75,149.
What is the median home value in Mercer?
The median home value in Mercer, MO is $58,100, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mercer?
The median monthly rent in Mercer, MO is $399, which is 66% below the national average of $1,163/month.
What is the unemployment rate in Mercer?
The unemployment rate in Mercer, MO is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Mercer, MO a good place to live?
Mercer offers a moderate cost of living, affordable housing, and a strong job market. With a population of 359 and a median age of 50.2, the city appeals to established professionals and retirees.
How educated is Mercer, MO?
12.1% of residents in Mercer aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Mercer?
Key cost-of-living indicators for Mercer, MO: median home value is $58,100 (76% below national), median rent is $399/month, and median household income is $39,583. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mercer?
The poverty rate in Mercer, MO is 6.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mercer, MO?
Mercer's population is 1.4% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 3.9% Asian, and 0.0% two or more races. 4.2% of residents are foreign-born.