What percentage of people rent in the Town of Mercer, WI?
10.1% (±3.2 points) of the occupied homes in the Town of Mercer, WI are rented (2020–2024 American Community Survey).
That is 76 renting households against 679 that own their home.
In the Town of Mercer, the share of households that rent went from 19.9% in 2015–2019 to 10.1% in 2020–2024 (−9.8 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 10.1% (±3.2 points)
- Renting households
- 76 (±25)
- Median renter income
- $19,500 (±$3,262)
Who rents and who owns in the Town of Mercer
| Town of Mercer | Iron County | Wisconsin | United States | |
|---|---|---|---|---|
| Renter-occupied share | 10.1% (±3.2 points) | 11.5% (±1.6 points) | 32.2% (±0.3 points) | 34.8% |
| Renting households | 76 (±25) | 357 (±55) | 797,266 (±6,241) | 45,017,354 |
| Owning households | 679 (±76) | 2,752 (±132) | 1,682,214 (±9,276) | 84,210,142 |
| Average renter household size | 1.4 (±0.3) | 1.7 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.2) | 2.0 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $19,500 (±$3,262) | $26,528 (±$5,002) | $48,374 (±$478) | $52,966 |
| Median owner household income | $67,036 (±$3,367) | $65,923 (±$3,235) | $95,874 (±$462) | $100,009 |
In the Town of Mercer, the renter share is not measurably different from Iron County (11.5%).
It is also lower than in Wisconsin (32.2%).
It is lower than the national figure (34.8%).
In Iron County, the Town of Mercer ranks 3 of 12 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1136 of 1,848.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in the Town of Mercer has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 19.9% (±5.6 points) | 10.1% (±3.2 points) | −9.8 percentage points | Measurable decrease |
| Median gross rent | $581 (±$174) | $338 (±$119) | −41.8% | Down after inflation |
| Median household income | $50,972 (±$4,156) | $63,281 (±$6,834) | +24.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near the Town of Mercer
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Town of Mercer | — | 10.1% (±3.2 points) | — |
| Town of Sherman (Iron County) | 7.2 mi | 9.0% (±6.3 points) | Not measurably different |
| Town of Oma | 9.2 mi | 1.2% (±3.5 points) | Lower |
| Town of Carey | 10 mi | 18.9% (±8.1 points) | Higher |
| Town of Manitowish Waters | 13 mi | 19.5% (±10.3 points) | Not measurably different |
| Town of Agenda | 13 mi | 4.8% (±4.8 points) | Not measurably different |
| Town of Winchester (Vilas County) | 13 mi | 4.9% (±4.4 points) | Not measurably different |
| Town of Knight | 14 mi | 8.0% (±6.7 points) | Not measurably different |
| Town of Pence | 16 mi | 5.9% (±6.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Town of Oma, WI (1.2%).
Nearby places with a measurably higher figure: Town of Carey, WI (18.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Iron County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Hurley | 27.1% (±6.1 points) |
| 2 | Town of Carey | 18.9% (±8.1 points) |
| 3 | Town of Mercer | 10.1% (±3.2 points) |
| 4 | Town of Gurney | 9.2% (±5.7 points) |
| 5 | Town of Sherman (Iron County) | 9.0% (±6.3 points) |
| 6 | Town of Knight | 8.0% (±6.7 points) |
| 7 | Montreal | 6.7% (±3.9 points) |
| 8 | Town of Pence | 5.9% (±6.9 points) |
| 9 | Town of Kimball | 2.7% (±1.8 points) |
Showing 9 of 12 places in Iron County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Town of Mercer
How many renters are there in the Town of Mercer?
The Town of Mercer has an estimated 76 (±25) renting households, 10.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Town of Mercer?
In the Town of Mercer, the share of households that rent went from 19.9% in 2015–2019 to 10.1% in 2020–2024 (−9.8 percentage points), a measurable decrease.
How big are renting households in the Town of Mercer?
A renting household in the Town of Mercer has 1.4 people on average, against 2.0 in an owned home.
How much do renters earn in the Town of Mercer?
The median renting household in the Town of Mercer, WI has an income of $19,500 (±$3,262) a year, against $67,036 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mercer town, Iron County, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mercer town, Iron County, Wisconsin
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mercer town, Iron County, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mercer town, Iron County, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mercer town, Iron County, Wisconsin
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Mercer town, Iron County, Wisconsin (county subdivision:51200, in state:55 county:051).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in the Town of Mercer at a glance
- Income and affordability in the Town of Mercer
- Home values in the Town of Mercer
- Homeowner costs in the Town of Mercer
- Property taxes in the Town of Mercer
- Types of homes in the Town of Mercer
- Bedrooms in the Town of Mercer
- Age of homes in the Town of Mercer
- Heating fuel in the Town of Mercer
- Commute and cars in the Town of Mercer
- Population growth in the Town of Mercer
- How long people stay in the Town of Mercer
- Wisconsin landlord and tenant rules
- Housing across Iron County
- Wisconsin places ranked by share of renters
- Housing data for every place in Wisconsin