Most Expensive Mercer Island Neighborhoods
Mercer Island is a medium-sized city located in the state of Washington. With a population of 25,042 people and five constituent neighborhoods, Mercer Island is the 44th largest community in Washington.
Mercer Island home prices are not only among the most expensive in Washington, but Mercer Island real estate also consistently ranks among the most expensive in America.
Mercer Island is a decidedly white-collar city, with fully 95.41% of the workforce employed in white-collar jobs, well above the national average. Overall, Mercer Island is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Mercer Island who work in management occupations (25.13%), healthcare (11.98%) and sales jobs (11.06%).
Also of interest is that Mercer Island has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.66% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Mercer Island is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Mercer Island is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Mercer Island really has some of the features that families look for when choosing a good community to raise children. Is Mercer Island perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
For the size of the city, public transportation in Mercer Island is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Mercer Island, the benefits are reduced air pollution and congestion on the highways.
Do you like to read, write and learn? If you move to Mercer Island, you'll likely find that many of your neighbors like to as well. Mercer Island is one of the more educated communities in America, with a full 75.60% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Mercer Island in 2010 was $75,396, which is wealthy relative to Washington and the nation. This equates to an annual income of $301,584 for a family of four.
Mercer Island is a very ethnically-diverse city. The people who call Mercer Island home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Mercer Island residents report their race to be White, followed by Asian. Important ancestries of people in Mercer Island include German, Irish, English, Swedish, Italian and Russian.
In addition, Mercer Island has a lot of people living here who were born outside of the US (17.38%).
The most common language spoken in Mercer Island is English. Some people also speak Chinese.
|MERCER ISLAND INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||9,431|
|MERCER ISLAND HOME OWNERSHIP|
|% OWNER OCCUPIED||73.78%|
|% RENTER OCCUPIED||26.22%|
|TYPE OF MERCER ISLAND HOMES|
|SINGLE FAMILY DETACHED||69.44%|
|ROWHOUSES AND ATTACHED HOMES||1.38%|
|SMALL APARTMENT BUILDINGS||1.45%|
|COMPLEXES OR HIGH RISE APARTMENTS||27.73%|
|SIZE OF MERCER ISLAND HOMES|
|5 OR MORE BEDROOMS||14.78%|
|AGE OF MERCER ISLAND HOMES|
|NEWER HOMES (2000 OR LATER)||16.73%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||35.84%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||44.55%|
|HISTORIC (1939 OR BEFORE)||2.88%|
|MERCER ISLAND REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,043,199|
|MEDIAN RENTAL PRICE||$2,949|
|HOME VALUE RANGE|
|$0 - $60,000||1.12%|
|$60,001 - $121,000||0.72%|
|$121,001 - $241,000||0.90%|
|$241,001 - $362,000||4.42%|
|$362,001 - $483,000||3.33%|
|$483,001 - $604,000||3.66%|
|$604,001 - $906,000||22.68%|
|$906,001 - $1,207,000||27.09%|
|PEOPLE OF MERCER ISLAND||DETAILS|
|UNDER 5 YEARS||5.14%|
|5 TO 17||19.49%|
|18 TO 24||3.99%|
|25 TO 34||7.44%|
|35 TO 54||27.72%|
|55 TO 64||15.89%|
|65 YEARS AND OVER||20.34%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.09%|
|MEDIAN HOUSEHOLD INCOME||$125,651|
|PER CAPITA INCOME||$75,396|
|INDIVIDUALS BELOW POVERTY LEVEL||4.26%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (18.00%)
Real estate (6.70%)
Information Technology (3.76%)
|BLACK OR AFRICAN AMERICAN||1.76%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.10%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.77%|
|SOME OTHER RACE ALONE||0.26%|
|TWO OR MORE RACES||3.30%|
|HISPANIC OR LATINO (OF ANY RACE)||3.26%|
|ETHNICITIES PRESENT||German (14.96%)
|LANGUAGES SPOKEN||English (81.78%)
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