Mercer County, New Jersey is an area with a variety of nearby amenities and attractions. The cost of renting a two-bedroom apartment in Mercer is $1,730 per month compared to the U.S. average of $1,430. Additionally, Mercer has a slightly higher grocery cost index at 106 compared to the national average of 100. Popular companies located in Mercer include Merck & Co., Church & Dwight and Bristol-Myers Squibb who are all well established in the area. Other businesses found in Mercer include Panasonic Eco Solutions Solar America Corp., Continental Airlines Inc., and Janssen Pharmaceuticals Inc.. With its diverse range of businesses as well as its relatively low cost of living, Mercer County offers something for everyone to enjoy.
Mercer County has an unemployment rate of 6.2%. The US average is 6.0%.
Mercer County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Mercer County
- The Sales Tax Rate for Mercer County is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mercer County is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mercer County
- The average income of a Mercer County resident is $38,076 a year. The US average is $28,555 a year.
- The Median household income of a Mercer County resident is $85,687 a year. The US average is $69,021 a year.