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AREA INFORMATION

98040 (Mercer Island, WA)

Explore the real estate in 98040 (Mercer Island, WA)

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Area Highlights

98040 (Mercer Island, WA) residents have a median age of 44.4 years old, with employment highest in the administrative support and education industries.

30,899 Population

The population has increased by 0% since the year 2010.

12,683 Households

$188,210 /yr
Median Household Income

$2,312,500
Median Home Sale Price

22m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

44.4 Median Age

Average Household Size

2.4
persons per
household

61%

Married Households

Community Population By Education

Bachelors Degree 38%
Graduate Degree 37%
Some College 9%
High School Graduate 7%
Associates Degree 6%
Some High School 3%

Household Family Expenses vs National Average

32.8% of households have children

Economics

$188,210 /yr
Median Household Income
$2,312,500
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 62%
  • Work from Home 24%
  • Public Transit 9%
  • Walk or Bike 4%

Occupancy by Type

Owned 8,670 64%
Rented 4,013 30%
Vacant 783 6%

White vs Blue Collar Jobs







White Collar 95%
Blue Collar 5%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 61%
Asian 23%
Hispanic 5%
Black 3%
Other 2%
Native American <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

76° July
Hottest Average Month
35° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
35°
46°
Feb
36°
50°
Mar
38°
54°
Apr
42°
59°
May
47°
66°
Jun
51°
71°
Jul
54°
76°
Aug
54°
76°
Sep
51°
70°
Oct
45°
61°
Nov
40°
52°
Dec
36°
47°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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