Interested in purchasing investment houses in the 98040 zip code in Mercer Island, WA?
The zip code 98040 is in King county with a latitude of -122.231980000000 and longitude of 47.566120000000, is in the state of Washington. The average asking price of houses and condos is $1,411,990.00 and the average sale price was $1,040,858.00. this regions is classified as the Seattle - Tacoma metro area and is in the 206 area code. The location in degrees is 47° 33' 58.032" N, 122° 13' 55.128" W. The county F.I.P.S. is 53033. The total land area is 6.3 square miles and the water area is 6.8 square miles. The elevation in this area is 43 - 92 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 98040 is in county number 033 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 25,955 in 2019 and 22,699 in 2010. This further breaks down to 12,571 males (48.4%) and 13,383 females (51.6%). The median age of residents is 46.5 years. The population of the greater Seattle-Tacoma-Bellevue, WA area is 3,461,985. The population density (people per square mile) is 4,106. This zip code has a combined total of 11,181 houses and condos. There are 3,237 rented appartments. 31% of residents rent versus the 31% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $279,055 and the average salary is $184,125. The median household income of individuals is $120,300.00 and the average is $348,290.00. This zip code has a mean commute time to work of 26.8 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 17.50% (Under $50,000), 23.20% ($50,000-$100,000), and 59.30% earn over $100,000. 5.1% of residents live below poverty line versus the 9.8% in the state that are below this line. The cost of living index is 123.9. The educational breakdown is 100.1% have a high school education or higher, 80.6% have a bachelor's degree or higher, and 39.7% have some kind of profesional degree.
This area has 9,109 households and the average size is 2.5 people. Individuals who are single and have never been married are 22.0%, 63.3% are now married, 0.3% are separated, 5.6% are widowed, and 8.8% are divorced. The average yearly contribution amount given by people to charity was $12,768 versus the state average of $4,465. The percent of residents who gave to charity was 51.0%.
The estimated median value of houses and condos is $1,347,021. The median monthly owner costs of mortgage holders was $4,036, where as the costs for those who don't have a mortgage are $1,207. The median number of rooms in houses and condos are 8.2 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $9,165. In comparision, the average real estate tax percent rate in the state is 0.9% which equated to an average real estate tax amount payment in the state of $3,601. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $9,319. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $8,980. Reported taxable interest for persons was $7,623, dividends $28,078, capital gains +$87,091, and itemized deductions $50,545. The average earned income tax credit is $1,323. The percent of individuals that use a tax preparer is 54.6%. The total average income taxes paid by individuals was $15,982. Businesses reported an average profit of $50,809.
Tiger Garden
2885 78th Ave SE, Mercer Island, WA 98040
Pogacha Restaurant & Bar
2707 78th Ave Se Mercer Island, Mercer Island, WA 98040
Mioposto
2601 76th Ave SE, Mercer Island, WA 98040
Anise Thai Cuisine
7691 SE 27th St, Mercer Island, WA 98040
Thai Kitchen
7811 SE 27th St, Mercer Island, WA 98040
Japanese Cuisine & Sushi Bar
2717 78th Ave SE, Mercer Island, WA 98040
Toshi's Teriyaki
8425 SE 68th St, Mercer Island, WA 98040
Japanese Cuisine Yuzen
8451 SE 68th St Ste 104, Mercer Island, WA 98040
Gourmet Teriyaki
7671 SE 27th St, Mercer Island, WA 98040
Sushi Joa
2717 78th Ave SE, Mercer Island, WA 98040
Roanoke Inn
1825 72nd Ave SE, Mercer Island, WA 98040
Yuzen Japanese Restaurant
Mercer Island, WA 98040
The Islander
2441 76th Ave SE, Mercer Island, WA 98040
I Love Pho
7605 SE 27th St Ste 112, Mercer Island, WA 98040
Pho Em
3033 78th Ave SE, Mercer Island, WA 98040
Seven Star Chinese Restaurant & Lounge
2885 78th Ave SE, Mercer Island, WA 98040
Han's Garden Chinese Restaurant
3020 78th Ave SE, Mercer Island, WA 98040
El Sombrero Mexican
8451 SE 68th St Ste 101, Mercer Island, WA 98040
Georgios Subs
8415 SE 68th St, Mercer Island, WA 98040
for Northwest
3023 80th Ave SE Ste 200, Mercer Island, WA 98040
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