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ZIP code 98040: Mercer Island, WA

98040 is a ZIP code in Mercer Island, Washington, mainly in King County, part of the Seattle-Tacoma-Bellevue, WA metro area. About 25,307 people live here.

Population
25,307
Median household income
$219,069
Typical home value
$2,212,700-0.8% in 12 months
Median rent
$2,502gross, per month
Median age
46.4
Homeowners
67%of occupied homes
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Shaded: ZIP code 98040's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 98040 details

CityMercer Island
StateWashington
CountyKing County
Metro areaSeattle-Tacoma-Bellevue, WA
Time zonePacific Time (UTC−8), observes daylight saving time
TypeStandard (delivery area)
Land area6.4 sq mi, plus 6.5 sq mi of water
Population density3,967 people per sq mi
Bachelor's degree or higher81.4% of adults 25+
Average commute23.6 minutes
Center coordinates47.56400, -122.23121

Median rent in 98040 by bedrooms

SizeMedian gross rent
Studio$2,156/mo
1 bedroom$2,261/mo
2 bedrooms$2,929/mo
3 bedrooms$3,501/mo
4 bedrooms$3,501/mo
5+ bedrooms$3,501/mo

Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.

ZIP codes near 98040

ZIP codeCityDistancePopulation
98118Seattle, WA2.3 mi50,500
98144Seattle, WA3.2 mi33,787
98009Bellevue, WA3.5 mi—
98015Bellevue, WA3.5 mi—
98006Bellevue, WA3.8 mi40,009
98004Bellevue, WA3.9 mi39,897
98108Seattle, WA4.0 mi25,529
98056Renton, WA4.1 mi35,849

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 98040?

A typical home in ZIP code 98040 is worth about $2,212,700 (Zillow Home Value Index). The median household here earns $219,069 a year. See what buying here would cost per month, with Washington average taxes and insurance filled in.

Monthly payment for a $2,212,700 homeWhat can a $219,069 income afford?Rental property numbers

About ZIP code 98040

What city is ZIP code 98040?

ZIP code 98040 is in Mercer Island, WA, in King County.

What county is ZIP code 98040 in?

98040 is mainly in King County, Washington.

What is the population of ZIP code 98040?

About 25,307 people live in ZIP code 98040, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 98040 in?

98040 is in Pacific Time (UTC−8). It observes daylight saving time.