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Mercersville

Learn about the people, housing, costs and businesses in Mercersville, Maryland

Median Home$312,171
Median Rent$1,202/month
Population87
Leading IndustriesWholesale Trade · Arts, Food & Hospitality · Professional Services18% wholesale trade
Home Value Growth⬆⬆⬆+22.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners89% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$90k/year · top 24% nationally
Mercersville
MD

Frequently Asked Questions

What are today's mortgage rates in Mercersville?

As of today, the 30-year fixed mortgage rate for Mercersville is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mercersville?

The median home value in Mercersville is $312k. The median monthly rent is $1,202. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mercersville?

Home values in Mercersville have increased 22.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Mercersville?

Based on a typical all-in ownership cost of $1,226/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mercersville is $90k/year.

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What industries drive the economy in Mercersville?

The largest employment sectors in Mercersville are public administration (19%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.