The ZIP Code 98040 is associated with the city of Mercer Island in Washington in King County. It is estimated that about 78.2% of residents in this Washington region hold a bachelor's degree or higher, while the per capita income is approximately $90,130. Approximately 3% of the population lives below the poverty line, while the median househould income sits at $147,566. The median age in ZIP Code 98040 is approximately 46.0 years, and 24.1% of the region's residents are aged 62 years and older. The current population estimate is 25,675.
7:44 am
4:17 pm
Good
The median household income in ZIP Code 98040 is $147,566, while the region's mean household income is $224,619. Breaking income down further, per capita income in the region is $90,130. The per capita income in ZIP Code 98040 of $90,130 is approximately 131.61% more than the per capita income in Washington overall of $38,915. An estimated 3.3% of the population is living below the poverty line in this region. This rate is approximately 65.26% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 39.3% of the population in 98040 earn $200,000 or more per year, while an estimated 16.9% earn $100,000 to $149,999 per year, and 1.8% of 98040 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 4.0% |
| $10,000 to $14,999 per year | 1.8% |
| $15,000 to $24,999 per year | 2.5% |
| $25,000 to $34,999 per year | 3.6% |
| $35,000 to $49,999 per year | 4.1% |
| $50,000 to $74,999 per year | 10.2% |
| $75,000 to $99,999 per year | 7.4% |
| $100,000 to $149,999 per year | 16.9% |
| $150,000 to $199,999 per year | 10.2% |
| $200,000 or more per year | 39.3% |
In ZIP Code 98040, 97.9% of the population graduated high school, while 78.2% have a bachelor's degree or higher. In this region, 0.9% achieved an education level less than 9th grade, while 38.4% hold a graduate or professional degree. Approximately 5.8% in this King County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.9% |
| 9th to 12th grade, no diploma | 1.2% |
| High school graduate (includes equivalency) | 5.8% |
| Some college, no degree | 9.8% |
| Associate's degree | 4.1% |
| Bachelor's degree | 39.8% |
| Graduate or professional degree | 38.4% |
Looking at race in the population that makes up ZIP Code 98040, 96.2% is one race, while 3.8% are two or more races. Approximately 3.3% of 98040 residents are hispanic or Latino (of any race). The most common race in 98040 (race alone or in combination with one or more other races), is White (78.0%), followed by Asian (22.5%) .
| Industry | Percent |
|---|---|
| White | 78.0% |
| Black or African American | 1.6% |
| American Indian and Alaska Native | 0.5% |
| Asian | 22.5% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 1.3% |
Regarding the age of homes in ZIP Code 98040, an estimated 20.7% of homes were built between 1970 and 1979. Additionally, 20.0% of homes in the region were built between 1960 and 1969, while an estimated 2.3% of homes were built between 2010 and 2013 in this King County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.9% |
| Built between 2010 and 2013 | 2.3% |
| Built between 2000 and 2009 | 13.3% |
| Built between 1990 and 1999 | 8.3% |
| Built between 1980 and 1989 | 8.5% |
| Built between 1970 and 1979 | 20.7% |
| Built between 1960 and 1969 | 20.0% |
| Built between 1950 and 1959 | 15.9% |
| Built between 1940 and 1949 | 5.2% |
| Built in 1939 or earlier | 3.0% |
Residents of ZIP Code 98040 are older than average. The median age of 46.0 years in ZIP Code 98040 is approximately 20.73% higher than the overall median age in the U.S. of 38.1 years. About 76.8% of residents are aged 18 years and older, and 24.1% of residents are 62 years and over. Approximately 16.6% of the population in 98040 falls in the age group 45 to 54 years, while an estimated 11.0% are aged 35 to 44 years. On the low end of the scale, 3.3% of 98040 residents are aged 20 to 24 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.8% |
| 5 to 9 years | 6.9% |
| 10 to 14 years | 8.5% |
| 15 to 19 years | 5.5% |
| 20 to 24 years | 3.3% |
| 25 to 34 years | 9.5% |
| 35 to 44 years | 11.0% |
| 45 to 54 years | 16.6% |
| 55 to 59 years | 8.0% |
| 60 to 64 years | 6.5% |
| 65 to 74 years | 10.8% |
| 75 to 84 years | 5.7% |
| 85 years and over | 3.9% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 98040 is current access to health insurance, as an estimated 96.1% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 98040 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 96.1% |
| Risk Behavior | Percent of adults* |
|---|
In 98040, 63.0% of the population is in the labor force. Recent estimates place 10.7% as working from home, while the total labor force in the region has a mean travel to time to work of 26.2 minutes. Approximately 24.3% of the employed population 16 years and over in 98040 work in educational services, and health care and social assistance, while an estimated 23.2% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.5% of 98040 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.5% |
| Construction | 2.0% |
| Manufacturing | 7.2% |
| Wholesale trade | 2.9% |
| Retail trade | 10.8% |
| Transportation and warehousing, and utilities | 2.2% |
| Information | 3.2% |
| Finance and insurance, and real estate and rental and leasing | 10.6% |
| Professional, scientific, management, and administrative | 23.2% |
| Educational services, and health care and social assistance | 24.3% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.0% |
| Other services, except public administration | 2.8% |
| Public administration | 2.4% |
In ZIP Code 98040, 79.2% of the population lists "English only" as the language spoken in home, while 3.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 5.6% of homes, and other Indo-European languages are spoken in 11.7% of homes. Lastly, 0.5% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this King County region.
| Language Spoken | Percent |
|---|---|
| English only | 79.2% |
| Spanish | 3.0% |
| Other Indo-European languages | 5.6% |
| Asian and Pacific Islander languages | 11.7% |
| Other languages | 0.5% |
Regarding solar power potential, ZIP Code 98040 has an average daily solar radiation level of 3.95 kWh/m2/day. This is approximately 4.13% less than an area in the U.S. with historically low solar radiation levels (WA), and about 40.06% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 98040 | 10.36¢/kWh | 9.46¢/kWh | 3.78¢/kWh |
| Washington | 13.79¢/kWh | 10.99¢/kWh | 7.22¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 98040 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.87 | 1.9 | 5.84 |
| Feb | 2.66 | 3 | 6.31 |
| Mar | 3.51 | 3.65 | 7.02 |
| Apr | 4.95 | 5.13 | 7.3 |
| May | 4.98 | 5.17 | 7.13 |
| Jun | 5.66 | 5.72 | 6.95 |
| Jul | 5.87 | 6.22 | 6.51 |
| Aug | 5.99 | 6.08 | 6.65 |
| Sep | 4.85 | 5.15 | 7.02 |
| Oct | 3.01 | 3.32 | 6.92 |
| Nov | 2.19 | 2.33 | 5.99 |
| Dec | 1.85 | 1.78 | 5.46 |