Mercer, ME is a small town located in the state of Maine. It has a population of around 500 people, and is a great place to live for those looking for a peaceful atmosphere. Rent for two bedrooms in Mercer is much lower than the national average, at $910 per month instead of $1,430. Additionally, the grocery cost index in Mercer is also lower than the US standard, sitting at 104 instead of 100. When it comes to local attractions and businesses, Mercer has plenty to offer. The main draw for visitors is Bald Mountain State Park which offers stunning views and outdoor activities year-round. Other businesses include the Goodacre Farm Store which features locally grown produce and homemade goods from farm-raised animals, as well as the Crossroads Music Store where locals can pick up instruments and music lessons.
Mercer has an unemployment rate of 4.5%. The US average is 6.0%.
Mercer has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Mercer
- The Sales Tax Rate for Mercer is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mercer is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mercer
- The average income of a Mercer resident is $24,068 a year. The US average is $28,555 a year.
- The Median household income of a Mercer resident is $61,222 a year. The US average is $69,021 a year.