Living in Mercer Island, Washington
Cost of living, income, home prices, rent and demographics of Mercer Island · Census data 2020–2024
Mercer Island has 25,307 residents with a median age of 46.4. The median household income is $219,069 (123% higher than the Washington median), the median home value is $2,000,001, the median rent is $2,502/month.
Mercer Island at a glance
- Population
- 25,307
- Median age
- 46.4State: 38.3
- Median household income
- $219,069State: $98,141
- Median home value
- $2,000,001State: $564,600
- Median rent
- $2,502/moState: $1,760
- Homeowners
- 67%
- Bachelor's degree or higher
- 81.4%
- Average commute
- 24 min
Is Mercer Island a good place to live?
Pros: Median household income 123% higher than the Washington median; an average commute of 24 minutes; unemployment of 3%; a poverty rate of 3.8%.
Cons: Home values 254% higher than the state median.
The weather is best in June to September.
Cost of living in Mercer Island
Housing is the biggest part of the cost of living. In Mercer Island the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of $2,502 per month, which is 27.3% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Mercer Island median household income
The median household income in Mercer Island is $219,069 and the income per person is $128,615. 3.8% of residents live below the poverty line (Washington: 9.9%).
Housing in Mercer Island: homes for sale and rent
- Housing units
- 10,609
- Owner-occupied
- 67%
- Renter-occupied
- 33%
- Vacant
- 5.1%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.50
Mercer Island demographics
- Population
- 25,307
- Median age
- 46.4
- Under 18
- 21.5%
- 65 and older
- 22.2%
- Households
- 10,068
- Foreign-born
- 26.4%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Mercer Island ›
Education in Mercer Island
81.4% of adults 25 and older in Mercer Island have a bachelor's degree or higher (Washington: 39.6%), and 44.7% have a graduate or professional degree.
Jobs and commute in Mercer Island
- Unemployment rate
- 3%State: 5.1%
- Average commute
- 24 minState: 27 min
- Work from home
- 38.6%
- Drive alone
- 51.7%
- Public transit
- 3.1%
- Walk to work
- 1.6%
- Homes with broadband
- 94.5%
Mercer Island vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mercer Island | 25,307 | $219,069 | $2,000,001 | $2,502 |
| Beaux Arts Village | 233 | $248,750 | $2,000,001 | $3,501 |
| Newcastle | 12,989 | $160,278 | $1,205,600 | $2,369 |
| Bellevue | 151,847 | $165,576 | $1,340,300 | $2,572 |
| Medina | 2,928 | $250,001 | $2,000,001 | $3,501 |
| Clyde Hill | 3,119 | $250,001 | $2,000,001 | $3,501 |
| Bryn Mawr-Skyway | 17,638 | $90,969 | $655,200 | $1,760 |
| Boulevard Park | 4,575 | $78,954 | $456,100 | $1,848 |
| Hunts Point | 289 | $250,001 | $2,000,001 | — |
More for people moving to Mercer Island
Mercer Island ZIP code ›Weather and climate ›Living in Mercer Island: FAQ
What is the median household income in Mercer Island, WA?
The median household income in Mercer Island is $219,069, 123% higher than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Mercer Island?
The median home value in Mercer Island is $2,000,001, compared with $564,600 in Washington.
How much is rent in Mercer Island?
The median gross rent in Mercer Island is $2,502 per month, about 27.3% of household income.
Is Mercer Island, WA a good place to live?
Pluses: median household income 123% higher than the Washington median; an average commute of 24 minutes; unemployment of 3%; a poverty rate of 3.8%. Minuses: home values 254% higher than the state median.
What is the median age in Mercer Island?
The median age in Mercer Island is 46.4 years (Washington: 38.3).
How long is the commute in Mercer Island?
The average commute to work in Mercer Island is 24 minutes; 38.6% of workers work from home.
What is the unemployment rate in Mercer Island?
The unemployment rate in Mercer Island is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mercer Island?
81.4% of adults in Mercer Island have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: