City Dashboard
Mercer Island, WA
Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED
Cost Index
321
Very Expensive
Median Home Value
$1,884,200
National: $426,735
Median Rent
$2,464/mo
National: $1,527/mo
Household Income
$202,359
National: $84,532
Population
25,282
Purchasing Power
75
100 = national baseline
Cost of Living Breakdown
Housing Cost Index
442 / 100
100 = national average
Rent Index
161 / 100
Overall Index
321
Very Expensive
Mercer Island Mortgage Calculator
Pre-filled with the local median home value of $1,884,200 and Washington's property tax rate of 0.98%.
Salary & Purchasing Power
Median household income is $202,359 — 139% above the national average.
What $202,359 in Mercer Island Gets You Elsewhere
Property Tax in Mercer Island, WA
Est. Annual Property Tax
$18,465
Monthly Impact
$1,539
Added to your mortgage
Effective Rate
0.98%
National avg: ~1.00%
Washington Tax Overview
Compare Mercer Island to Another City
See how far your salary goes somewhere else.
Cost of Living Comparison
See how far your salary goes in another city.
Mercer Island, WA
Loading cities...
Cost Index Comparison (100 = National Avg)
Housing CostsNational Avg: 100
Rent Prices
More Cities in Washington
View All Washington Cities →LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
- Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
- Tax Rates: Tax Foundation State & Local Tax Data, 2024
- Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR