Mercer, TN is a small town with a population of 38392 people. Its 2 bedroom rent is much lower than the US average at $780 per month. The Grocery Cost Index in Mercer is also lower than the US average at 91 versus 100. Those who are looking to live in Mercer, TN can benefit from this low cost of living. Local businesses and companies in Mercer include Strouds Pharmacy & Gifts, Carver's Meat Market, and K&L Auto Repair. Additionally, there are many restaurants such as Mamma's Pizza Pies & Subs, Tennessee Pulled Pork BBQ Restaurant, and Old Eickmeyer General Store & Deli. With a variety of local businesses that cater to all needs, Mercer makes for an ideal place to live.
Mercer (zip 38392) has an unemployment rate of 5.1%. The US average is 6.0%.
Mercer (zip 38392) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 33.5%.
Tax Rates for Mercer (zip 38392)
- The Sales Tax Rate for Mercer (zip 38392) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Mercer (zip 38392) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mercer (zip 38392)
- The average income of a Mercer (zip 38392) resident is $21,217 a year. The US average is $37,638 a year.
- The Median household income of a Mercer (zip 38392) resident is $45,625 a year. The US average is $69,021 a year.