The address 1835 73rd Ave NE, Medina, Washington, United States, is located in a prestigious neighborhood known for its scenic views, tranquil atmosphere, and high-end residences. Medina is a small, affluent city situated on the eastern shore of Lake Washington, approximately 12 miles east of Seattle. The area is renowned for its stunning natural beauty, with the lake and surrounding mountains providing a picturesque backdrop to the community.
Overview of Medina, Washington
Medina is a city with a population of around 3,200 people, according to the 2020 United States Census. The city is known for its excellent schools, low crime rate, and high standard of living. The median home price in Medina is significantly higher than the national average, reflecting the area’s desirability and exclusivity. Residents of Medina enjoy easy access to outdoor recreational activities, including boating, fishing, and hiking, as well as a range of cultural and entertainment options in nearby Seattle.
Demographics and Economy
The demographics of Medina are characterized by a high percentage of households with incomes above 200,000 per year. The city's economy is driven primarily by the technology and healthcare sectors, with many residents commuting to nearby Seattle or Bellevue for work. The median household income in Medina is around 250,000, and the poverty rate is extremely low, at less than 2%. The city’s strong economy and high standard of living contribute to its reputation as one of the most desirable places to live in the United States.
| Demographic Category | Medina, WA | United States |
|---|---|---|
| Median Household Income | $250,000 | $67,149 |
| Population | 3,200 | 331,449,281 |
| Poverty Rate | 1.5% | 12.9% |
Real Estate and Housing
The real estate market in Medina is highly competitive, with a limited supply of properties available for sale. The median home price in Medina is around $2.5 million, with many properties selling for significantly higher prices. The city’s strict zoning laws and limited land availability contribute to the high demand and limited supply of properties, driving up prices and making it challenging for buyers to find affordable options.
Neighborhood Characteristics
The neighborhood surrounding 1835 73rd Ave NE is characterized by winding streets, mature trees, and beautifully landscaped properties. The area is known for its sense of community, with many residents actively involved in local events and initiatives. The proximity to Lake Washington and the surrounding mountains provides endless opportunities for outdoor recreation and scenic views.
Key Points
- Medina, WA, is a small, affluent city with a population of around 3,200 people.
- The median home price in Medina is around $2.5 million, with many properties selling for significantly higher prices.
- The city is known for its excellent schools, low crime rate, and high standard of living.
- The area surrounding 1835 73rd Ave NE is characterized by winding streets, mature trees, and beautifully landscaped properties.
- Residents of Medina enjoy easy access to outdoor recreational activities, including boating, fishing, and hiking.
In conclusion, the address 1835 73rd Ave NE, Medina, Washington, United States, is located in a highly desirable neighborhood known for its natural beauty, excellent schools, and high standard of living. The city's strong economy, low crime rate, and limited supply of properties contribute to its reputation as one of the most exclusive and sought-after places to live in the United States.
What is the median home price in Medina, WA?
+The median home price in Medina, WA, is around 2.5 million.</p> </div> </div> <div class="faq-item"> <div class="faq-question"> <h3>What are the demographics of Medina, WA?</h3> <span class="faq-toggle">+</span> </div> <div class="faq-answer"> <p>Medina, WA, has a population of around 3,200 people, with a high percentage of households with incomes above 200,000 per year.
What are the outdoor recreational activities available in Medina, WA?
+Residents of Medina, WA, enjoy easy access to outdoor recreational activities, including boating, fishing, and hiking, due to the city’s proximity to Lake Washington and the surrounding mountains.
