Mercer, ND County is a great place to live for those looking for an affordable lifestyle. The two bedroom rent in Mercer is significantly lower than the US average of $1,430 at only $1,010. Additionally, Mercer has a lower cost of groceries than the US with an index of 96 compared to 100. Mercer is home to many local companies such as Walter Oil & Gas Corporation, Coteau Properties Company and Texas International Oilfield Tools Inc., all of which provide valuable jobs for residents in the area. On balance, Mercer offers a great quality of life for those who are looking for a more affordable option than the US on average.
Mercer County has an unemployment rate of 6.2%. The US average is 6.0%.
Mercer County has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Mercer County
- The Sales Tax Rate for Mercer County is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Mercer County is 2.0%. 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 $31,584 a year. The US average is $28,555 a year.
- The Median household income of a Mercer County resident is $78,547 a year. The US average is $69,021 a year.