Mercer Island Washington Real Estate
Mercer Island, Washington, is located in King County, 4 miles SW of Bellevue, Washington and 5 miles SE of Seattle, Washington. Mercer Island has a population of 22,036.
Mercer Island Homes
Mercer Island properties pool is 8,437 residential properties including Mercer Island new homes. Median age of real estate in Mercer Island is 1966. Average Household size is 3.03 people. 2% are one bedroom homes, 10% are 2 bedroom homes, 31% are 3 bedroom homes, 39% are 4 bedroom homes, and 17% are 5+ bedroom homes.
Mercer Island Mortgage Statistics
Mercer Island mortgages vs. USA median statistics
| Homes |
Mercer Island |
USA |
| Homes With No Mortgage |
32% |
30% |
| Homes With Mortgage |
68% |
70% |
| First Mortgage Only |
51% |
54% |
| First & Second Mortgage or HELOC |
17% |
16% |
Mercer Island Area Real Estate Tax
Mercer Island Real estate Tax: Median Real Estate Taxes (2000) were $4,434 comparing to 1999 Median Family income $ 110,830. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Mercer Island School District: Children make up 26% of Mercer Island population. Mercer Island has 5,724 under 18 years old residents, or 0.58 kids per one worker, or 0.68 kids per one household.
Mercer Island Real Estate & Mercer Island Homeownership
There are 1856.14 or 22% one person households, 3037.32 or 36% two person households, and 1265.55 or 15% three person households in Mercer Island, Washington. Median residents age is 44.3, Senior citizens (65+) make up 4,114 or 18.7%% of Mercer Island population.
There are 9,792 workers (over 16 years of age) in Mercer Island. Of these, 84.69% drive to work. Approximately 5.64% of workers in Mercer Island take public transportation. An estimated 1.5% walk to work.
Median Mercer Island homeowner's housing expences are 19.1%
Crime in Mercer Island (2003), crimes per 10,000 residents per year
| Type of Crime |
Mercer Island |
USA, 2003 |
| Violent Crimes |
7.26 |
47.5 |
| Robberies |
4.54 |
14.2 |
| Aggravated Assaults |
1.82 |
29.5 |
| Property Crimes |
168.36 |
358.8 |
| Burglaries |
28.14 |
74.0 |
| Larceny-Thefts |
125.7 |
241.5 |
| Motor Vehicle Thefts |
14.52 |
43.3 |
Invest in Mercer Island Properties
When making a decision about buying real estate in Mercer Island Washington area, you should consider following statistical data:
| Category |
Mercer Island |
USA |
| Near Medium City |
Bellevue, Washington |
- |
| Near Large City |
Seattle, Washington |
- |
| Mercer Island Zip Codes |
98040 |
- |
| Mercer Island Area Codes |
206 |
- |
| White population |
84.09% |
75.1% |
| African-American population |
1.14% |
12.3% |
| Asian |
11.87% |
3.6% |
| American Indian & Alaskan |
0.16% |
0.9% |
| Hispanic (of any race) |
1.86% |
12.5% |
| Median Family Income (1999) |
$ 110,830% |
$42,000 |
| Population Below Poverty Level |
3.15% |
12.4% |
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