Mercer, PA Real Estate
According to census data in the year 2000 there were 1,086 housing units in Mercer.
This represents a 4.1% growth from 1,043 in 1990.
Of those housing units, 1,086 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mercer is about 58.4%.
Mercer's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Mercer were built after 1946.
|Housing Units by Size|
|Five Bedrooms or more||1.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1939|
|Median Value of occupied units||$76,300|
|Median Price asked for vacant units||$12,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.94|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$279|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.1%|