ZIP comparison · Seattle-Tacoma-Bellevue, WA
98004 vs 98040
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP98004Bellevue, WA | ZIP98040Mercer Island, WA |
|---|---|---|
| Home value | ||
| Typical home value | $1,995,242 | Better: $2,343,088 |
| 1-year appreciation | -2.2% | Better: -1.9% |
| 5-year CAGR | Better: +5.2% | +4.9% |
| 10-year CAGR | +6.7% | Better: +6.9% |
| Rent & investment | ||
| Monthly rent | $2,869 | Better: $2,613 |
| Gross yield | Better: 1.7% | 1.3% |
| Cap rate | Better: 1.0% | 0.8% |
| Property tax | ||
| Effective tax rate | 0.7% | Better: 0.7% |
| Typical annual tax | Better: $13,653 | $15,312 |
| Demographics | ||
| Population | 39,897 | 25,307 |
| Median household income | $182,545 | Better: $219,069 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very High | Very High |
| Net migration | -1,324 | -1,324 |
| Schools | ||
| Public schools | 4 | 6 |
| Students enrolled | 3,521 | 3,975 |