What is the median household income in Mercer Island, WA?
The median household income in Mercer Island, WA is $219,069 (±$17,476) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,502 a month would take about $100,100 a year at the common guideline of spending no more than 30% of income on rent.
In Mercer Island, the median household income went from $147,566 in 2015–2019 to $219,069 in 2020–2024 (+48.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $219,069 (±$17,476)
- Median renter income
- $101,122 (±$17,183)
- Income to afford median rent
- about $100,100
Income in Mercer Island against King County, its state and the nation
| Mercer Island | King County | Washington | United States | |
|---|---|---|---|---|
| Median household income | $219,069 (±$17,476) | $124,746 (±$968) | $98,141 (±$414) | $80,734 |
| Median renter household income | $101,122 (±$17,183) | $85,547 (±$1,255) | $66,868 (±$600) | $52,966 |
| Median owner household income | $250,000 or more | $166,370 (±$1,692) | $119,764 (±$583) | $100,009 |
| Median gross rent | $2,502 (±$191) | $2,092 (±$13) | $1,760 (±$7) | $1,413 |
In Mercer Island, median household income is higher than in King County ($124,746).
It is also higher than in Washington ($98,141).
It is higher than the national figure ($80,734).
In King County, Mercer Island ranks 8 of 59 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 8 of 467.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Mercer Island
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,502 a month ($30,024 a year) needs an income of about $100,100 a year.
The median renting household in Mercer Island earns $101,122 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $147,566 (±$15,955) | $219,069 (±$17,476) | +48.5% | Up after inflation |
| Median gross rent | $2,162 (±$113) | $2,502 (±$191) | +15.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Mercer Island
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Mercer Island | — | $219,069 (±$17,476) | — |
| Beaux Arts Village | 2.0 mi | $248,750 (±$59,880) | Not measurably different |
| Newcastle | 3.8 mi | $160,278 (±$25,737) | Lower |
| Bellevue | 4.2 mi | $165,576 (±$7,893) | Lower |
| Medina | 4.4 mi | $250,000 or more | — |
| Clyde Hill | 4.6 mi | $250,000 or more | — |
| Bryn Mawr-Skyway | 4.8 mi | $90,969 (±$9,131) | Lower |
| Boulevard Park | 5.2 mi | $78,954 (±$4,655) | Lower |
| Hunts Point | 5.5 mi | $250,000 or more | — |
Nearby places with a measurably lower figure: Newcastle, WA ($160,278), Bellevue, WA ($165,576), Bryn Mawr-Skyway, WA ($90,969).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across King County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 (tie) | Clyde Hill | $250,000 or more |
| 1 (tie) | Hunts Point | $250,000 or more |
| 1 (tie) | Medina | $250,000 or more |
| 1 (tie) | Yarrow Point | $250,000 or more |
| 6 | Beaux Arts Village | $248,750 (±$59,880) |
| 7 | Sammamish | $239,690 (±$15,260) |
| 8 | Mercer Island | $219,069 (±$17,476) |
| 9 | Snoqualmie | $214,107 (±$35,277) |
| 10 | Cottage Lake | $213,106 (±$21,420) |
| 11 | Lake Marcel-Stillwater | $201,845 (±$15,692) |
| 12 | Duvall | $197,361 (±$37,748) |
| 13 | Union Hill-Novelty Hill | $185,369 (±$21,704) |
| 14 | Mirrormont | $181,842 (±$18,381) |
Showing 13 of 59 places in King County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Mercer Island
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Questions about Mercer Island
What is the median household income in Mercer Island?
The median household income in Mercer Island is $219,069 (±$17,476) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Mercer Island?
About $100,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,502 a month.
Have incomes in Mercer Island kept up with inflation?
In Mercer Island, the median household income went from $147,566 in 2015–2019 to $219,069 in 2020–2024 (+48.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Mercer Island?
The median renting household in Mercer Island, WA earns $101,122 (±$17,183) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Mercer Island city, Washington
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mercer Island city, Washington
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mercer Island city, Washington
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mercer Island city, Washington
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mercer Island city, Washington
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Mercer Island city, Washington
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Mercer Island city, Washington (place:45005, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Mercer Island
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- Rent burden in Mercer Island
- Renters and owners in Mercer Island
- Home values in Mercer Island
- Homeowner costs in Mercer Island
- Property taxes in Mercer Island
- Types of homes in Mercer Island
- Bedrooms in Mercer Island
- Age of homes in Mercer Island
- Vacancy rate in Mercer Island
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- Commute and cars in Mercer Island
- Crime reported to police in Mercer Island
- Population growth in Mercer Island
- How long people stay in Mercer Island
- Crowding and facilities in Mercer Island
- Fair Market Rent in Mercer Island
- Washington landlord and tenant rules
- Housing across King County
- Washington places ranked by median household income
- Housing data for every place in Washington