Bellevue Demographic and Real Estate Information

Discover Bellevue, Washington

Bellevue, located in the Eastside region of King County, Washington, is a vibrant city known for its dynamic community and thriving economy. As of the 2020 census, Bellevue’s population was 151,854.

 

Demographics

Bellevue is celebrated for its diverse and multicultural population. Key demographic insights include:

  • Age Distribution: The median age in Bellevue is 38.4 years, with males at a median age of 34.8 and females at 40.7.

     

  • Ethnic Composition: The city’s population is composed of approximately 45% White (Non-Hispanic), 38.3% Asian (Non-Hispanic), 4.22% Two or more races (Non-Hispanic), 4.09% White (Hispanic), and 2.67% Black or African American (Non-Hispanic).

     

  • Foreign-Born Residents: About 39.9% of Bellevue’s residents were born outside the United States, contributing to the city’s rich cultural diversity.

     

  • Languages Spoken: A significant portion of the population speaks a language other than English at home, reflecting the city’s multicultural environment.

     

Economic Overview

Bellevue boasts a robust economy with a high standard of living. Key economic indicators include:

  • Median Household Income: The median household income in Bellevue is approximately $149,551, indicating a prosperous community.

     

  • Employment Sectors: The city has a diverse employment base, with significant contributions from technology, retail, and professional services sectors.

Real Estate Market

Bellevue’s real estate market is dynamic and competitive. Key insights include:

  • Median Home Value: As of recent data, the average home value in Bellevue is approximately $1,455,154, reflecting a 10.3% increase over the past year.

     

  • Market Trends: Homes in Bellevue typically go pending in around 15 days, indicating a fast-paced market.

     

  • Housing Inventory: The city offers a range of housing options, from modern downtown condominiums to spacious suburban homes, catering to diverse preferences and lifestyles.

Education

The Bellevue School District is renowned for its commitment to academic excellence. The district includes multiple schools recognized nationally for their high performance.

 

Lifestyle and Amenities

Bellevue offers a high quality of life with numerous amenities:

  • Parks and Recreation: The city boasts numerous parks, trails, and recreational facilities, promoting an active lifestyle.
  • Shopping and Dining: Bellevue is home to a variety of shopping centers, boutiques, and a diverse culinary scene, offering residents a range of options for leisure and entertainment.
  • Cultural Events: The city hosts various cultural festivals and events throughout the year, reflecting its diverse community.

Conclusion

Bellevue, Washington, is a dynamic city that offers a blend of cultural diversity, economic prosperity, and a high quality of life. Whether you’re considering relocating or investing in real estate, Bellevue presents a compelling choice with its thriving community and robust housing market.

For more information on Bellevue’s real estate opportunities, please contact:

Tony Meier & Team

📞 Call/Text: (425) 466-1000

📧 Email: tony@windermere.com

🌐 Visit: www.EastsideHomes.com


Bellevue Real Estate Information

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Bellevue Real Estate Market Trend

 

Bellevue Real Estate Market Average Price per Square Foot

 

Bellevue Real Estate Market Months of Inventory

 

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