USA.com / New Jersey / Mercer County / Housing

Mercer County Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationOthers

Hot New Jersey Rankings

Fastest / Slowest Growing Counties in NJ

Richest / Poorest Counties by Income in NJ

Expensive / Cheapest Homes by County in NJ

Most / Least Educated Counties in NJ

Fastest / Slowest Growing Cities in NJ

High / Low NJ Cities by Males Employed

High / Low NJ Cities by Females Employed

Best / Worst Cities by Crime Rate in NJ

Richest / Poorest Cities by Income in NJ

Expensive / Cheapest Homes by City in NJ

Most / Least Educated Cities in NJ

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.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 85,625 Owner Occupied Houses in Mercer County, #12

Mercer County	280,400 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #6

Mercer County	90.23%
New Jersey	87.30%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*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, #15

Mercer County	New Jersey	U.S.
1964	1966	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*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.