Mercer County, Kentucky

Income Data

+13% vs. Kentucky average
$63,115
Median Household Income
$32,851
Per Capita Income

At a Glance

Median Household Income
$63,115
+13% vs. state avg
Per Capita Income
$32,851
-17% vs. national
Income-to-Housing Ratio
33.3%
income as % of home value
Rank in Kentucky
#32 / 120
by median household income

How Mercer County Compares

Mercer County$63,115
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$63,115
Median Household Income
$32,851
Per Capita Income
$189,700
Median Home Value
33.3%
Income-to-Housing Ratio

Data Story

About Household Income in Mercer County, Kentucky

Mercer moderately trails nation

Mercer County's median household income of $63,115 falls $11,640 short of the national median of $74,755—a 16% gap. While below the national average, Mercer's income level demonstrates moderate economic stability and positions the county better than many rural American regions.

Mercer ranks near Kentucky median

At $63,115, Mercer County's median household income exceeds the Kentucky state median of $55,909 by $7,206, reflecting a stronger-than-average county economy. This 13% advantage shows Mercer residents earn notably more than typical Kentuckians, despite trailing national figures.

Mercer holds middle ground

Mercer County's $63,115 income sits between wealthier McLean ($70,549) and Meade ($70,163) counties to the north and less affluent Menifee ($44,672) to the east. This positioning reflects Mercer's role as a moderately prosperous county within a region of varied economic fortunes.

Housing costs are reasonable

With a rent-to-income ratio of 15.3%, Mercer County residents allocate a manageable portion of earnings to housing costs, well below the national comfort threshold of 28%. The median home value of $189,700 is accessible for local households, supporting both homeownership and rental stability.

Mercer's solid income fuels savings

Mercer County's moderate-to-strong income and reasonable housing costs create opportunity for building savings and investments. Focus on employer-sponsored retirement plans, home equity accumulation, and consistent contributions to investment accounts to transform steady earnings into generational wealth.

Frequently Asked Questions

What is the median household income in Mercer County, Kentucky?
The median household income in Mercer County, Kentucky is $63,115, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Mercer County?
The per capita income in Mercer County is $32,851, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $63,115.
How does Mercer County compare to the Kentucky average?
Mercer County's median household income of $63,115 is higher than the Kentucky state average of $55,909. The per capita income is $32,851, compared to the state average of $29,616.
What is the per capita income in Mercer County, Kentucky?
The per capita income in Mercer County, Kentucky is $32,851, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Mercer County income higher than the Kentucky average?
Mercer County's median household income of $63,115 is higher than the Kentucky average of $55,909. This difference of $7,206 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Mercer County rank for income in Kentucky?
Mercer County ranks #32 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $63,115 and per capita income of $32,851, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Mercer County

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Your income is above the Mercer County median

County median: $63,115 per year

vs. County Median

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vs. State Average

+13%

vs. National Median

-16%

vs. Mercer County MedianAbout equal
vs. Kentucky Average13% above
vs. National Median16% below

Income Adequacy

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.