Zip 64661 (Mercer, MO) Economy


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United States / Missouri / No Metro Area / Mercer County / No City / Mercer (zip 64661)
Mercer, MO 64661 is a small town located in the Midwest United States. This town has a population of only 1,281 people and is known for its low cost of living. The average two bedroom rental in Mercer costs just $660 per month, which is considerably less than the US average of $1,430. Additionally, Mercer has a Grocery Cost Index (GCI) of 92 compared to 100 in the US meaning you can get more food for your money here. \nThere are several local companies that are based in Mercer or have branches there including Foster Oil Company, Inc., which offers heating oil delivery services; B & B Trucking Inc., a hazardous materials hauler; and KCP&L Roofing Solutions LLC which offers roofing services.\nWhen it comes to groceries there are two main options for Mercer residents to choose from: Aldi and Price Chopper. Aldi specializes in discount groceries while Price Chopper focuses on fresh quality produce at an affordable price. Both stores offer great selection and value for money making them popular choices amongst Mercer locals.

Mercer (zip 64661) has an unemployment rate of 3.6%. The US average is 6.0%.

Mercer (zip 64661) 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 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Mercer (zip 64661)
- The Sales Tax Rate for Mercer (zip 64661) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Mercer (zip 64661) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mercer (zip 64661)
- The average income of a Mercer (zip 64661) resident is $17,468 a year. The US average is $28,555 a year.
- The Median household income of a Mercer (zip 64661) resident is $45,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMercer, MissouriUnited States
  3.66
  1.9%-6.2%
  31.1%33.5%
  7.5%6.2%
  5.4%4.6%
  $23,807$37,638
  $45,972$69,021
  $60,208$85,028
  Population by Occupation
  20.9%1.2%
  0.0%0.5%
  3.8%6.8%
  22.6%10.0%
  0.0%2.5%
  20.7%11.0%
  1.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.9%4.2%
  7.1%9.3%
  9.5%14.0%
  1.9%2.1%
  3.3%7.0%
  2.2%4.8%
  4.3%4.7%
Health