Mercer Island, WA is an affluent suburb of Seattle located within King County. It offers a variety of attractions and activities for locals and visitors alike. For housing, 2 bedroom rent averages $2,820 per month in the area which is almost double what it is nationally ($1,430). Mercer Island also has a higher grocery cost index than the US national average (116 versus 100).
Mercer Island is home to several notable companies such as T-Mobile USA headquarters, Paccar Technical Center and Technology Development Center. Popular local haunt include Luc’s Cafe & Wine Bar that hosts live music events and The Thirsty Penguin for craft beer lovers. Outdoor activities include the lakeside Luther Burbank Park with its walking trails and numerous picnic spots as well as several golf courses including the Mercer Island Country Club. Other popular tourist attractions nearby are Woodland Park Zoo, Seattle Aquarium and Chateau Ste Michelle Winery.
Mercer Island has an unemployment rate of 5.4%. The US average is 6.0%.
Mercer Island has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.
Tax Rates for Mercer Island
- The Sales Tax Rate for Mercer Island is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Mercer Island is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mercer Island
- The average income of a Mercer Island resident is $75,396 a year. The US average is $28,555 a year.
- The Median household income of a Mercer Island resident is $170,000 a year. The US average is $69,021 a year.