98040 Zip Code Detailed Profile




Estimated zip code population in 2013: 23,301
Zip code population in 2010: 22,699
Zip code population in 2000: 22,036

Houses and condos: 10,125
Renter-occupied apartments: 2,547
% of renters here:

27%
State:

38%
Mar. 2013 cost of living index in zip code 98040: 117.7 (more than average, U.S. average is 100)

Land area: 6.3 sq. mi.
Water area: 6.8 sq. mi.
Population density: 3,686 people per square mile 
 
 (average).

Age and Sex of Residents in zip code 98040
Zip code 98040 (Mercer Island, Washington) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

0.7% ($6,249)
Washington:

1.1% ($2,743)
Median real estate property taxes paid for housing units with mortgages in 2013: $6,325 (0.7%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $6,076 (0.8%)

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Males: 11,484  (49.3%)
Females: 11,817  (50.7%)

For population 25 years and over in 98040:

For population 15 years and over in 98040:

Zip code 98040 compared to state average:

  • Median household income above state average.
  • Median house value significantly above state average.
  • Black race population percentage below state average.
  • Hispanic race population percentage significantly below state average.
  • Median age above state average.
  • Number of rooms per house above state average.
  • Percentage of population with a bachelor's degree or higher significantly above state average.
  • Races in zip code 98040

  • Zip code 98040 races chart
    • 17,255White population
    • 282Black population
    • 40American Indian population
    • 3,598Asian population
    • 25Native Hawaiian and Other Pacific Islander population
    • 60Some other race population
    • 805Two or more races population
    • 634Hispanic or Latino population

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Data:
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Based on 2000-2011 data
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123
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100% urban population.

Estimated median house/condo value in 2013: $864,000
98040:

$864,000
Washington:

$250,800



According to our research of Washington and other state lists there was 1 registered sex offender living in 98040 zip code as of August 04, 2015.
The ratio of number of residents in zip code 98040 to the number of sex offenders is 26,831 to 1.
The number of registered sex offenders compared to the number of residents in this zip code is a lot smaller than the state average.


Median resident age:
This zip code:

45.4 years
Washington median age:

37.4 years
Average household size:
This zip code:

2.5 people
Washington:

2.6 people

Averages for the 2012 tax year for zip code 98040, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $279,055 (Individual Income Tax Returns)
Here:

$279,055
State:

$69,533

Salary/wage: $184,125 (reported on 73.5% of returns)
Here:

$184,125
State:

$57,267
(% of AGI for various income ranges: 68.1% for AGIs below $25k, 63.9% for AGIs $25k-50k, 59.6% for AGIs $50k-75k, 57.8% for AGIs $75k-100k, 60.8% for AGIs $100k-200k, 45.9% for AGIs over 200k)

Taxable interest for individuals: $7,623 (reported on 66.7% of returns)
This zip code:

$7,623
Washington:

$1,816
(% of AGI for various income ranges: 4.4% for AGIs below $25k, 2.6% for AGIs $25k-50k, 2.4% for AGIs $50k-75k, 2.0% for AGIs $75k-100k, 1.9% for AGIs $100k-200k, 1.8% for AGIs over 200k)

Ordinary dividends: $28,078 (reported on 59.5% of returns)
Here:

$28,078
State:

$8,163
(% of AGI for various income ranges: 11.4% for AGIs below $25k, 6.1% for AGIs $25k-50k, 6.9% for AGIs $50k-75k, 6.5% for AGIs $75k-100k, 5.0% for AGIs $100k-200k, 6.0% for AGIs over 200k)

Net capital gain/loss in AGI: +$87,091 (reported on 54.7% of returns)
Here:

+$87,091
State:

+$21,568
(% of AGI for various income ranges: 1.9% for AGIs below $25k, 2.5% for AGIs $25k-50k, 2.4% for AGIs $50k-75k, 3.0% for AGIs $75k-100k, 3.1% for AGIs $100k-200k, 20.0% for AGIs over 200k)

Profit/loss from business: +$50,809 (reported on 20.5% of returns)
Here:

+$50,809
State:

+$16,521
(% of AGI for various income ranges: 7.8% for AGIs below $25k, 6.5% for AGIs $25k-50k, 5.1% for AGIs $50k-75k, 4.8% for AGIs $75k-100k, 6.6% for AGIs $100k-200k, 3.2% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $49,272 (reported on 19.0% of returns)
98040:

$49,272
Washington:

$18,648
(% of AGI for various income ranges: 5.3% for AGIs below $25k, 5.0% for AGIs $25k-50k, 5.3% for AGIs $50k-75k, 7.3% for AGIs $75k-100k, 6.4% for AGIs $100k-200k, 2.8% for AGIs over 200k)

Self-employment retirement plans: $29,648 (reported on 4.5% of returns)
98040:

$29,648
Washington:

$20,087
(% of AGI for various income ranges: 0.9% for AGIs $50k-75k, 0.8% for AGIs $100k-200k, 0.5% for AGIs over 200k)

Total itemized deductions: $50,545 (11% of AGI, reported on 55.9% of returns)
Here:

$50,545
State:

$23,872

Here:

11.1% of AGI
State:

18.2% of AGI
(% of AGI for various income ranges: 29.5% for AGIs below $25k, 20.7% for AGIs $25k-50k, 18.4% for AGIs $50k-75k, 17.9% for AGIs $75k-100k, 16.7% for AGIs $100k-200k, 8.5% for AGIs over 200k)

Charity contributions: $12,768 (reported on 51.0% of returns)
Here:

$12,768
State:

$4,465
(% of AGI for various income ranges: 1.5% for AGIs below $25k, 1.7% for AGIs $25k-50k, 2.0% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 2.3% for AGIs $100k-200k, 2.4% for AGIs over 200k)

Taxes paid: $15,982 (reported on 55.2% of returns)
98040:

$15,982
State:

$6,400
(% of AGI for various income ranges: 5.7% for AGIs below $25k, 5.8% for AGIs $25k-50k, 5.1% for AGIs $50k-75k, 5.3% for AGIs $75k-100k, 5.0% for AGIs $100k-200k, 2.7% for AGIs over 200k)

Earned income credit: $1,323 (reported on 2.9% of returns)
Here:

$1,323
State:

$2,073
(% of AGI for various income ranges: 1.3% for AGIs below $25k, 0.2% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 98040, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $173,802 (Individual Income Tax Returns)
Here:

$173,802
State:

$54,331

Salary/wage: $122,331 (reported on 68.0% of returns)
Here:

$122,331
State:

$45,761
(% of AGI for various income ranges: 54.5% for AGIs $10k-25k, 60.2% for AGIs $25k-50k, 54.1% for AGIs $50k-75k, 53.4% for AGIs $75k-100k, 45.8% for AGIs over 100k)

Taxable interest for individuals: $7,519 (reported on 74.8% of returns)
This zip code:

$7,519
Washington:

$2,110
(% of AGI for various income ranges: 6.7% for AGIs $10k-25k, 4.8% for AGIs $25k-50k, 3.8% for AGIs $50k-75k, 5.0% for AGIs $75k-100k, 2.8% for AGIs over 100k)

Taxable dividends: $17,875 (reported on 68.3% of returns)
Here:

$17,875
State:

$5,879
(% of AGI for various income ranges: 10.2% for AGIs $10k-25k, 6.3% for AGIs $25k-50k, 7.2% for AGIs $50k-75k, 7.4% for AGIs $75k-100k, 6.7% for AGIs over 100k)

Net capital gain/loss: +$46,085 (reported on 60.4% of returns)
Here:

+$46,085
State:

+$15,835
(% of AGI for various income ranges: 3.7% for AGIs $10k-25k, 3.2% for AGIs $25k-50k, 2.9% for AGIs $50k-75k, 3.5% for AGIs $75k-100k, 17.5% for AGIs over 100k)

Profit/loss from business: +$34,259 (reported on 19.9% of returns)
Here:

+$34,259
State:

+$13,994
(% of AGI for various income ranges: 6.3% for AGIs $10k-25k, 5.4% for AGIs $25k-50k, 6.1% for AGIs $50k-75k, 5.2% for AGIs $75k-100k, 3.6% for AGIs over 100k)

IRA payment deduction: $3,616 (reported on 3.8% of returns)
98040:

$3,616
Washington:

$3,001
(% of AGI for various income ranges: 0.2% for AGIs $10k-25k, 0.4% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.0% for AGIs over 100k)

Self-employed pension: $20,072 (reported on 5.3% of returns)
Here:

$20,072
Washington:

$14,244
(% of AGI for various income ranges: 0.3% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 0.6% for AGIs over 100k)

Total itemized deductions: $39,077 (14% of AGI, reported on 54.7% of returns)
Here:

$39,077
State:

$19,669

Here:

14.0% of AGI
State:

20.7% of AGI
(% of AGI for various income ranges: 28.2% for AGIs $10k-25k, 21.4% for AGIs $25k-50k, 22.7% for AGIs $50k-75k, 22.5% for AGIs $75k-100k, 10.6% for AGIs over 100k)

Charity contributions deductions: $9,616 (3% of AGI, reported on 51.1% of returns)
Here:

$9,616
State:

$3,569

Here:

3.3% of AGI
State:

3.5% of AGI
(% of AGI for various income ranges: 1.9% for AGIs $10k-25k, 2.3% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.3% for AGIs $75k-100k, 2.8% for AGIs over 100k)

Total tax: $44,928 (reported on 83.0% of returns)
98040:

$44,928
State:

$9,065
(% of AGI for various income ranges: 4.9% for AGIs $10k-25k, 8.2% for AGIs $25k-50k, 10.2% for AGIs $50k-75k, 10.8% for AGIs $75k-100k, 22.8% for AGIs over 100k)

Earned income credit: $1,122 (reported on 2.6% of returns)
Here:

$1,122
State:

$1,607

Percentage of individuals using paid preparers for their 2004 taxes: 56.8%
Here:

57%
State:

49%
(% for various income ranges: 51.0% for AGIs below $10k, 49.9% for AGIs $10k-25k, 48.5% for AGIs $25k-50k, 53.6% for AGIs $50k-75k, 54.4% for AGIs $75k-100k, 66.3% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$126,359
Washington:

$58,405
Mercer Island, WA (98040) map Nearest zip codes: 98118, 98004, 98144, 98039, 98178, 98056.
Percentage of family households:
This zip code:

51.3%
Washington:

49.7%
Percentage of households with unmarried partners:
This zip code:

3.0%
Washington:

7.2%
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

Household received Food Stamps/SNAP in the past 12 months: 124
Household did not receive Food Stamps/SNAP in the past 12 months: 9,331


Women who had a birth in the past 12 months: 157 (157 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 4,410 (2,871 now married, 1,539 unmarried)


Housing units in zip code 98040 with a mortgage: 4,485 (142 second mortgage, 1,389 home equity loan, 79 both second mortgage and home equity loan)
Houses without a mortgage: 2,423

Median monthly owner costs for units with a mortgage: $3,627
Median monthly owner costs for units without a mortgage: S902

Residents with income below the poverty level in 2013:
This zip code:

3.1%
Whole state:

14.1%
Residents with income below 50% of the poverty level in 2013:
This zip code:

1.6%
Whole state:

7.8%
Median number of rooms in houses and condos:
Here:

8.3
State:

6.5
Median number of rooms in apartments:
Here:

3.9
State:

4.2
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 98040: Mercer Village (A), Green Wood Village (B), Proctor Landing (C), Calkins Landing (D), Franklin Landing (E), Lincoln Landing (F), Stroum Jewish Community Center (G), Mercer Island Care and Rehabilitation (H), Sunrise of Mercer Island Senior Living Center (I), Covenant Shores Retirement Community (J), Mercer Island Fire Department Station 91 (K), Mercer Island Fire Department Station 92 (L). Display/hide their locations on the map

    Shopping Centers: South End Shopping Center (1), Mercer Island Shopping Center (2). Display/hide their locations on the map

    Churches in zip code 98040 include: The Church of Jesus Christ of Latter Day Saints (A), Emmanuel Episcopal Church (B), Mercer Island United Methodist Church (C), First Church of Christ Scientist at Mercer Island (D), Herzl - Ner Tamid Conservative Congregation (E), Holy Trinity Lutheran Church (F), Mercer Island Presbyterian Church (G), Congregation Shevet Achim (H), Mercer Island Covenant Church (I). Display/hide their locations on the map

    Parks in zip code 98040 include: Island Crest Park (1), Groveland Park (2), Homestead Field (3), Hollerbach Park (4), Clarke Beach Park (5), Luther Burbank Park (6), Mercerdale Field (7), Pioneer Park (8). Display/hide their locations on the map

Year house built

  • 512010 or later
  • 1,6732000 to 2009
  • 9131990 to 1999
  • 1,0251980 to 1989
  • 1,7221970 to 1979
  • 2,2961960 to 1969
  • 1,4211950 to 1959
  • 6341940 to 1949
  • 3901939 or earlier

Zip code 98040 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Mercer Island, WA (98040)

  • 0no bedroom
  • 931 bedroom
  • 6772 bedrooms
  • 1,9473 bedrooms
  • 2,8454 bedrooms
  • 1,3465+ bedrooms

Bedrooms in renter-occupied apartments in Mercer Island, WA (98040)

  • 147no bedroom
  • 8041 bedroom
  • 9402 bedrooms
  • 3983 bedrooms
  • 1804 bedrooms
  • 785+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Mercer Island, WA (98040) in owner-occupied houses/condos

  • 117no vehicle
  • 1,4361 vehicle
  • 3,2732 vehicles
  • 1,6783 vehicles
  • 2764 vehicles
  • 1285+ vehicles

Cars and other vehicles available in Mercer Island, WA (98040) in renter-occupied apartments

  • 214no vehicle
  • 1,4451 vehicle
  • 7952 vehicles
  • 763 vehicles
  • 04 vehicles
  • 175+ vehicles

Median gross rent in 2013: $1,656.


Median price asked for vacant for-sale houses and condos in 2013: $942,294.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $864,000
98040:

$864,000
Washington:

$250,800
Lower value quartile - upper value quartile: $614,700 - $1,000,001

Mean price in 2013:

Detached houses: $489,606
Here:

$489,606
State:

$329,559

Townhouses or other attached units: $328,773
Here:

$328,773
State:

$270,940

In 2-unit structures: $393,970
Here:

$393,970
State:

$280,281

In 3-to-4-unit structures: $225,110
Here:

$225,110
State:

$202,515

In 5-or-more-unit structures: $275,329
Here:

$275,329
State:

$245,538

Mobile homes: $90,787
Here:

$90,787
State:

$98,688

Occupied boats, RVs, vans, etc.: $142,407
Here:

$142,407
State:

$69,606

Owners and renters by unit type in %

Housing units in structures:


Unemployment: 5.6%

Neighborhoods in zip code 98040:

Percentage of zip code residents living and working in this county: 96.6%

Household type by relationship:

Households: 23,164

Size of family households: 3,377 2-persons, 1,401 3-persons, 1,288 4-persons, 472 5-persons, 229 6-persons, 23 7-or-more-persons

Size of nonfamily households: 2,395 1-person, 262 2-persons, 8 3-persons

4,795 married couples with children.
681 single-parent households (185 men, 496 women).

81.7% of residents of 98040 zip code speak English at home.
1.7% of residents speak Spanish at home (83% very well, 17% well).
6.9% of residents speak other Indo-European language at home (83% very well, 8% well, 5% not well, 5% not at all).
8.7% of residents speak Asian or Pacific Island language at home (66% very well, 24% well, 9% not well, 2% not at all).
1.1% of residents speak other language at home (73% very well, 27% well).

Foreign born population: 4,125 (17.7%)
(62.1% of them are naturalized citizens)
This zip code:

17.7%
Whole state:

13.5%

Most common places of birth for the foreign-born residents

  • 12%India
  • 12%China, excluding Hong Kong and Taiwan
  • 11%Canada
  • 5%Korea
  • 4%United Kingdom, excluding England and Scotland
  • 4%Hong Kong
  • 4%Taiwan

Most common first ancestries reported in 98040 (%)

  • 28%Other groups
  • 9%German
  • 8%English
  • 8%Irish
  • 4%European
  • 4%American
  • 4%Norwegian

Year of entry for the foreign-born population

  • 4292010 or later
  • 1,0042000 to 2009
  • 9631990 to 1999
  • 2,075Before 1990

Facilities with environmental interests located in this zip code:


Zip code 98040 marital status for males
Zip code 98040 marital status for females

Housing units lacking complete plumbing facilities: 0.8%
Housing units lacking complete kitchen facilities: 0.7%

Most commonly used house heating fuel

  • 68%Utility gas
  • 27%Electricity
  • 4%Fuel oil, kerosene, etc.
  • 1%Other fuel

Population in 1990: 20,816. Population change in the 1990s: +1,220 (+5.9%).

Place of birth for U.S.-born residents:


62% of the 98040 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 65% lived in this county.
   Out of people who lived in different counties, 50% lived in Washington.

88% of the 98040 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 68% moved from this county.
   Out of people who lived in different houses, 3% moved from different county within same state.
   Out of people who lived in different houses, 17% moved from different state.
   Out of people who lived in different houses, 12% moved from abroad.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 429
Here:

15.4%
Washington:

10.0%
Students in private schools in grades 9 to 12 (high school): 248
Here:

20.5%
Washington:

6.5%
Students in private undergraduate colleges: 139
Here:

24.8%
Washington:

17.0%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 140,096Legal occupations
  • 120,893Health diagnosing and treating practitioners and other technical occupations
  • 109,005Management occupations
  • 103,590Architecture and engineering occupations
  • 91,827Sales and related occupations
  • 85,345Business and financial operations occupations

Companies with federal contracts located in this zip code (MERCER ISLAND, WA):

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 43 people in nursing facilities/skilled-nursing facilities
  • 18 people in group homes intended for adults
  • 7 people in workers' group living quarters and job corps centers

People in group quarters in 2000:

  • 140 people in other noninstitutional group quarters
  • 139 people in nursing homes

Fatal accident statistics in 2011:

  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 1
  • Fatal accidents caused by drunken drivers: 0
  • Fatalities: 1
  • Persons involved in fatal accidents: 2
  • Pedestrians involved in fatal accidents: 1
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 10 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED7$427,394178$566,1671,041$458,63433$257,37537$381,317
APPLICATIONS APPROVED, NOT ACCEPTED1$357,02022$736,868100$508,3012$497,8107$337,827
APPLICATIONS DENIED6$523,32333$640,749201$712,7549$507,40015$370,090
APPLICATIONS WITHDRAWN1$90,95030$621,595134$556,9104$315,17510$333,180
FILES CLOSED FOR INCOMPLETENESS0$06$807,96732$532,0104$264,1352$482,620
Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 2 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
C) Non-occupant Loans on
< 5 Family Dwellings (A & B)
NumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED2$399,2001$143,4401$178,850
APPLICATIONS APPROVED, NOT ACCEPTED1$174,5701$174,5700$0
APPLICATIONS DENIED0$00$00$0
APPLICATIONS WITHDRAWN0$00$00$0
FILES CLOSED FOR INCOMPLETENESS0$00$00$0

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 98040 among deceased individuals
NameCountLived (average)
John10776.3 years
Mary9682.0 years
William9577.5 years
Robert8975.2 years
Helen7185.2 years
Ruth5684.8 years
James5675.4 years
George5678.7 years
Margaret5281.7 years
Dorothy5282.8 years
Most common last names in zip code 98040 among deceased individuals
Last nameCountLived (average)
Johnson3880.6 years
Anderson3679.2 years
Smith3677.8 years
Nelson2483.6 years
Williams1677.5 years
Miller1575.7 years
Peterson1483.8 years
Hansen1488.2 years
Brown1478.6 years
Green1380.4 years
Businesses in zip code 98040
NameCountNameCount
Albertsons1Quiznos1
Baskin-Robbins1Rite Aid2
FedEx5Starbucks5
Kroger2Subway1
McDonald's1True Value1
New Balance1UPS3
Qdoba Mexican Grill1Walgreens1

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