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Economy in Mercer Island, Washington

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMercer Island, WAUnited States
Unemployment Rate8.40%9.10%
Recent Job Growth-1.16%-0.12%
Future Job Growth29.28%31.25%
Sales Taxes8.90%6.80%
Income Taxes0.00%6.25%
Income per Cap.$59,312$27,067
Household Income$110,359$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.78%12.10%
Income between 15K and 25K4.08%10.18%
Income between 25K and 35K3.67%10.56%
Income between 35K and 50K8.13%14.98%
Income between 50K and 75K14.57%19.53%
Income between 75K and 100K11.13%12.52%
Income between 100K and 150K20.68%12.14%
Income between 150K and 250K11.03%3.91%
Income between 250K and 500K16.33%3.34%
Income greater than 500K6.61%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations27.45%13.81%
Professional and Related Occupations40.89%22.68%
Service4.98%14.51%
Sales and Office20.50%25.22%
Farming, Fishing, and Forestry0.05%0.68%
Construction, Extraction, and Maintenance2.36%9.37%
Production, Transportation, and Material Moving3.31%15.86%
Median Household Income

The unemployment rate in Mercer Island, WA, is 8.40%, with job growth of -1.16%. Future job growth over the next ten years is predicted to be 29.28%.

Mercer Island, WA Taxes

Mercer Island, WA,sales tax rate is 8.90%. Income tax is 0.00%.

Mercer Island, WA Income and Salaries

The income per capita is $59,312, which includes all adults and children. The median household income is $110,359.


Mercer Island Economy SperlingViews

Nice place to live with great schools: Mercer Island is a wonderful family community. It feels much more "small town" than a city even though it has a population of 20,000+. People say hello and watch out... (read more)Mercer Island - Is there a "there" there?: Mercer Island is a suburb of Seattle, located on an island in Lake Washington. The best thing about Mercer Island is its strategically central location relative to the... (read more)Mercer Island, WA - a suburb on an island: Mercer Island is a suburb of Seattle, located on an island in Lake Washington. The best thing about Mercer Island is its strategically central location relative to the... (read more)Have an opinion about Mercer Island? Leave a commentTo See All SperlingViews for Mercer Island Click Here