Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.8 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 4.6% ▼ 54% below avg |
| College Grads | 84.1% ▲ 117% above avg |
| Unemployment | 2.5% ▼ 50% below avg |
| No HS Diploma | 118 (0.7%) |
| HS Graduate | 920 (5.5%) |
| Some College | 322 (1.9%) |
| Associates | 1,287 (7.7%) |
| Bachelors | 1,017 (6.1%) |
| Graduate Degree | 12,971 (78%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $202,359 ▲ 165% above avg |
|---|---|
| Median Home Value | $1,884,200 ▲ 576% above avg |
| Home/Income Ratio | 9.3x (nat avg ~3.5x) |
| Median Rent | $2,464/mo |
| Total Housing Units | 10,454 |
| Vacant Units | 561 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mercer Island is a city in Washington, located in King County. The city spans 1 ZIP code and is home to approximately 25,282 residents. It is a mature city, with a median age of 45.8 years.
Economically, Mercer Island is a affluent community. The median household income of $202,359 is more than double the national average. Approximately 4.6% of residents live below the poverty line. The unemployment rate is 2.5%, below the national average.
The real estate market in Mercer Island is among the most expensive housing markets in the country. Median home values stand at $1,884,200, which is more than double the national average. Renters typically pay around $2,464 per month. Homeownership is high at 66.0%, typical of suburban and family-oriented communities.
The population of Mercer Island is highly educated. 84.1% of adults hold a bachelor's degree or higher — more than double the national average. The community is majority White (65.28%).
Mercer Island, WA offers residents above-average earning potential within Washington.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 98040 | 25,282 | $202,359 | $1,884,200 | $2,464 | 2.5% | 84.1% | 66.0% |