Mercer, MO — income, home value, property tax, and sales tax.
Homes around Mercer in ZIP 64661 carry a median value of $73,800, and the county's 0.96% effective property tax rate works out to roughly $708 a year on a property at that price. With median household income at $54,122 and per-capita income at $26,167, that tax bill takes up a little over one percent of a household's annual earnings. Sales tax in the area totals 7.97%, so everyday purchases cost slightly more, but low home values keep the ownership side of the ledger from straining local paychecks.
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