Affordable
Expensive
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These days, finding an affordable place to live in the Mercer County area can be challenging. Home prices in Mercer County are now at a median cost of $151,754, lower than the Illinois average of $300,242.
The average cost of rent is $775/mo in Mercer County, primarily driven by the current value of real estate in the Mercer County area. In Mercer County, 16.24% of households rent, and 41.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mercer County is $6,361 per month. Households that rent pay about 12.18% of their income on rent here. Mercer County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Louisa County, IA: higher priced homes
- Henry County, IL: equally priced homes
- Washington County, IA: higher priced homes
- Bureau County, IL: equally priced homes
- Putnam County, IL: higher priced homes
- Keokuk County, IA: less expensive homes
- LaSalle County, IL: higher priced homes
- Mahaska County, IA: equally priced homes
- Grundy County, IL: higher priced homes
- Marion County, IA: higher priced homes
Counties with Similar Populations
- Worth County, GA: less expensive homes
- Jones County, IA: higher priced homes
- Jones County, NC: less expensive homes
- Yalobusha County, MS: less expensive homes
- Juab County, UT: higher priced homes
- Wyoming County, WV: less expensive homes
- Wyandot County, OH: higher priced homes
- Wright County, MO: higher priced homes
- Kane County, UT: higher priced homes
- Wright County, IA: less expensive homes
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