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Shorewood Apartments For Rent in Mercer Island, WA

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Apartments for Rent in Mercer Island, WA

A town located in Washington, Mercer Island has a population of slightly less than 25,000. It's a nice place to settle down, as retirees make up a greater percentage of the population (20%) here than they do nationally (14%), while young adults are less well-represented. At an average age of just over 42, the city's population skews older than most cities in Washington. The majority of Mercer Island residents own their homes, and 30% of residents rent. With an average rent of $1,802 per month, exceeding the state average by $595 per month, relatively high rent costs could play a role in the higher levels of ownership.

There are three primary industries in Mercer Island: scientific, healthcare, and retail. Combined, these industries make up 21% of the labor force in the city. Meanwhile, in terms of job function, 13% of residents work in management, making it the top field in the city. With an average annual income of almost $137K, Mercer Island workers take home around $55,000 more than their peers elsewhere in the state. The city's average income also compares favorably to the national average of $73,345. Mercer Island has a large number of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 18% possess a Master's or a Doctorate. Additionally, 30% have a Bachelor's degree, which also outpaces the national average.

Mercer Island residents have an average commute of about 26 minutes. Many residents (35%) drive themselves to work, while public transit is used by only 4% of the population. Walking isn't a common way to get to work.