Mercerville, NJ Economy

Mercerville, NJ is a city known for its affordability and convenience. The average two-bedroom rent in Mercerville is just $1,830 per month, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Mercerville is 105 compared to 100 on average nationwide. This makes living costs in Mercerville extremely competitive and attractive to people looking to save money. Some local companies include Burlington Coat Factory, Walmart Supercenter, and ShopRite Supermarket. All of these establishments provide quality products at great prices, further making Mercerville an excellent place to live and shop.

Mercerville has an unemployment rate of 6.2%. The US average is 6.0%.

Mercerville 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 Mercerville
- The Sales Tax Rate for Mercerville is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mercerville 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 Mercerville
- The average income of a Mercerville resident is $34,450 a year. The US average is $28,555 a year.
- The Median household income of a Mercerville resident is $103,818 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Mercerville, New Jersey	United States
	6.2	6
	-4.1%	-6.2%
	29.4%	33.5%
	6.6%	6.2%
	5.5%	4.6%
	$42,472	$37,638
	$103,818	$69,021
	$116,895	$85,028
Population by Occupation
	0.8%	1.2%
	0.0%	0.5%
	4.3%	6.8%
	5.7%	10.0%
	1.9%	2.5%
	10.9%	11.0%
	5.1%	4.8%
	0.1%	0.8%
	1.4%	1.9%
	7.5%	4.7%
	0.5%	1.9%
	5.9%	7.6%
	0.3%	0.1%
	3.1%	4.2%
	14.8%	9.3%
	12.8%	14.0%
	3.1%	2.1%
	7.4%	7.0%
	5.3%	4.8%
	9.2%	4.7%