Mercer Island vs Tacoma: Housing
| Mercer Island | Tacoma | |
|---|---|---|
| Median Home Value | $2,000,001 | $479,600 |
| Median Gross Rent | $2,502/mo | $1,676/mo |
| Homeownership Rate | 67.0% | 55.8% |
| Rent as Share of Income | 13.7% | 23.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.