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Mercer Island Statistics- Zip Code 98040

By
Services for Real Estate Pros with Quantum Group Commercial - Residential - Lease Seattle, WA

Mercer Island, WA (98040) map

Mercer Island Statistics

One of the wealthiest citys in the United States

First settlement 1870, incorporate July 5, 1960

Most populated island on a lake in the United States

Connected by the fifth longest floating bridge in the world

#35 of richest zip codes in the U.S. (IRS)

6.2 square miles

47.56 degrees north of the equator, 122.23 west of the prime meridain

50th largest city in Washington State

50 miles of marked walking paths/trails

 

 Community Profile

Population 22,650 as of 2008

Male 48.1%

Female 51.9%

Median age 44.3 years

Bachlor's degree or higher 60.1%

Average Household income in 2004 was $168,841 2006 was $176,841 not enough data for 2009

Households

Households 8,581

Average size 2.6

Owner occupied 78.5%

Renter occupied 21.5%

Married couple family 65.6%

with Children under 18 30.2%

Household living alone 22.1%

Household with children under 18 36.5%

Household 65+ 31.7%

Median household income $101,865

Median home prices $1.1 million

Condo prices $389,000

Typical tax rate $8.61/$1,000

Climate

Average winter temp. 40F

Average summer temp 70F

Average yearly rainfall 35 inches (14.5" falls between October and January)

 

* sources, Mercer Island Chamber of Commerce, Google, Wikipedia

Photos and graphics by    Sonny Kwan  Realtor® with John L Scott Real Estate Seattle, WA. All information is believed to be accurate, but is not warranted in any way. Visit my website www.mercerisland-homesforsale.com   to search all homes on the internet.

Mercer Island Statistics- Zip Code 98040  © 2009  By Sonny Kwan All Rights Reserved

 

Courtney Cooper
Cooper Jacobs - Seattle, WA
206-850-8841

Great write up Sonny - Merry Christmas!  Stay warm out there!

Dec 25, 2009 04:40 AM
Bob & Carolin Benjamin
Benjamin Realty LLC - Gold Canyon, AZ
East Phoenix Arizona Homes

Miss it -- we lived there for more than 20 years -- loved it.

Dec 25, 2009 04:54 PM
Ross Quintana
Real E Smarter - Spokane, WA
Real E Smarter Real Estate Coach - 509-362-1966

Hey Sonny, Nice post. I cover Eastern Washington Spokane Area and would love to see if we could send some business back and forth. I have people over there always looking for me to refer and agent.

Dec 29, 2009 03:41 AM
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Good set of Mercer Island related information.  I did not know that the I90 bridge is the fifth longest floating bridge.

Dec 29, 2009 04:09 AM