housing costs · Kentucky
Housing costs in Mercer County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $831 | ± $77 | evidence → |
| 2019–2023 | $802 | ± $125 | evidence → |
| 2018–2022 | $720 | ± $44 | evidence → |
| 2017–2021 | $652 | ± $45 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $202,300 | ± $16,526 | evidence → |
| 2019–2023 | $189,700 | ± $10,172 | evidence → |
| 2018–2022 | $181,400 | ± $11,309 | evidence → |
| 2017–2021 | $159,300 | ± $6,571 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 23.3 % | ± 4.3 % | evidence → |
| 2019–2023 | 23.9 % | ± 4.7 % | evidence → |
| 2018–2022 | 21.2 % | ± 3.4 % | evidence → |
| 2017–2021 | 24.6 % | ± 4.6 % | evidence → |
In context
Median rent in Mercer County is $831, above the Kentucky median of $773 across 120 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.