Mercer Island (98040) in Washington Real Estate, Demographics, Mortgage and Jobs

USA	Washington	Mercer Island Washington

Mercer Island, WA 98040

Mercer Island (98040) has an estimated 22,699 residents with 22,631 of those people in approximately 9,109 housing units. The 98040 zipcode contains 4,427 housing units that are owned with a mortgage or a loan, 2,168 housing units that are owned free and clear and 2,514 housing units that are renter occupied.

In Mercer Island (98040) the median listing price of $1,991,500 has declined by $98,440 since 2018-10.

In 2018 the average percentage drop was 4.40% of original listing price.

30 homes were sold in 2018-11 in MercerIsland, WA (98040).
This monthly number has grown by 6 from the previous month.

Zip code 98040 is in the Seattle-Tacoma-Bellevue metropolitan area.
The median estimated home value in Mercer Island, WA (98040) is $1,575,600 as of 2018-10-31

The Zillow Market Health Index for Mercer Island, WA (98040) is 9.77. The corresponding state value is 9.41. This is higher than the overall Market Health Index of Washington.
Metro value is 8.99.
This is higher than the overall Market Health Index of Seattle-Tacoma-Bellevue.

Demographics of Mercer Island zipcode 98040
The median age here is 46.00. This age is 121.1% the national median age.
This population is significantly older.
The number of male residents is 11,046 with a median age of 45.00 years. The number of female residents is 11,653 with a median age of 46.80 years. This yields a ♂ to ♀ ratio of 0.95
The average household is 2.48 persons and has an income of $150,506.
The average family size in Mercer Island is 2.97.
Area Code: 206
Time zone: Pacific USA
Region: West - Pacific
Has Daylight Saving: Yes
Businesses: 841
Employment: 7,504
Medicare Area: Seattle-Bellevue-Kent, WA
County: KING

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