2024 Compare Cities Housing:
Mercer Island, WA vs Richmond, VA

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Highlights
- The median age of a home in Mercer Island is 31.3% younger than the median age of a home in Richmond.
 Mercer Island, WARichmond, VAUnited States
 Median Home Age486342
 Median Home Cost$2,145,300$327,100$338,100
 Home Appr. Last 12 months14.8%15.2%16.6%
 Home Appr. Last 5 yrs.61.9%57.5%57.0%
 Home Appr. Last 10 yrs.167.2%93.9%101.1%
 Property Tax Rate$9.0$9.5$11.0
 Homes Owned62.5%38.9%57.4%
 Housing Vacant7.6%10.3%11.2%
 Homes Rented29.8%50.8%31.4%
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 Avg Rent For Home Or Apartment
 Mercer Island, WARichmond, VAUnited States
 Average Rent$3,740$1,680$1,840
 Studio Apartment$2,350$1,140$1,080
 1 Bedroom Home or Apartment$2,410$1,170$1,180
 2 Bedroom Home or Apartment$2,820$1,320$1,430
 3 Bedroom Home or Apartment$3,790$1,710$1,860
 4 Bedroom Home or Apartment$4,420$2,080$2,160
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 Vacant Housing
 Mercer Island, WARichmond, VAUnited States
 Vacant For Rent2.5%2.9%1.9%
 Vacant Rented0.4%1.3%0.4%
 Vacant For Sale0.3%0.6%0.7%
 Vacant Sold0.5%0.6%0.4%
 Vacant Vacation0.9%0.3%3.6%
 Vacant Other3.1%4.6%4.1%
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 Owner-Occupied Housing Value
 Mercer Island, WARichmond, VAUnited States
 Less Than $20,0000.8%1.1%2.6%
 $20,000 to $39,9990.0%0.4%2.4%
 $40,000 to $59,9990.0%0.9%2.8%
 $60,000 to $79,9990.0%2.9%3.9%
 $80,000 to $99,9990.0%4.2%4.5%
 $100,000 to $149,9990.3%11.4%11.3%
 $150,000 to $199,9990.1%15.1%13.0%
 $200,000 to $299,9991.8%21.0%20.1%
 $300,000 to $399,9991.5%16.5%13.6%
 $400,000 to $499,9992.3%8.6%8.3%
 $500,000 to $749,9994.7%10.3%9.7%
 $750,000 to $999,9999.8%3.9%3.9%
 $1,000,000 to $1,499,99928.6%2.3%2.2%
 $1,500,000 to $1,999,99922.0%0.7%0.8%
 $2,000,000 and over28.2%0.8%1.1%
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 Housing Units By Year Built
 Mercer Island, WARichmond, VAUnited States
 2015 and Newer0.4%0.1%0.2%
 2010 to 201412.6%5.3%13.6%
 2000 to 200912.6%5.3%13.6%
 1990 to 19998.2%5.8%13.6%
 1980 to 19898.9%7.1%13.2%
 1970 to 197918.4%9.9%14.8%
 1960 to 19698.2%5.8%13.6%
 1950 to 195913.0%14.7%10.0%
 1940 to 19495.3%9.1%4.7%
 1939 or Earlier3.9%29.6%12.2%
Reviews for Mercer Island    4 Reviews

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  More

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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  More

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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  More

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Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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