City

Mountlake Terrace, WA

1 ZIP code  ·  Snohomish County  ·  Washington

👥21,417Population
💰$101,408Median HH Income▲ 33% above avg
🎂38.2Median Age
🏠$605,800Median Home Value▲ 117% above avg
🎓54.3%College Grads▲ 40% above avg
📊4.9%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.0% Female 51.0% ♀

Race & Ethnicity

White: 60.6%Hispanic: 17.2%Black: 3.6%Asian: 10.4%Other: 7%Race
White60.6%
Hispanic17.2%
Black3.6%
Asian10.4%
Other7.0%

Age Breakdown

Under 5
5%
5–17
13%
18–24
7%
25–44
34%
45–64
24%
65+
7%

Key Indicators

Median Age38.2 yrs
Avg HH Size2.33
Below Poverty8.0% ▼ 21% below avg
College Grads54.3% ▲ 40% above avg
Unemployment4.9% ≈ Avg
No HS Diploma314 (2%)
HS Graduate2,841 (18.4%)
Some College1,738 (11.3%)
Associates2,157 (14%)
Bachelors1,817 (11.8%)
Graduate Degree6,558 (42.5%)

Education

No HS: 2%HS Grad: 18.4%Some College: 11.3%Associates: 14%Bachelors: 11.8%Graduate: 42.5%Edu
No HS2.0%
HS Grad18.4%
Some College11.3%
Associates14.0%
Bachelors11.8%
Graduate42.5%
Housing & Income

Housing Tenure

Owner: 56.1%Renter: 43.9%Tenure
Owner56.1%
Renter43.9%

Home Value Distribution

Under $50k
2%
$50k–$100k
1%
$100k–$150k
0%
$150k–$200k
1%
$200k–$300k
3%
$300k–$500k
26%
Over $500k
67%

Financials

Median HH Income$101,408 ▲ 33% above avg
Median Home Value$605,800 ▲ 117% above avg
Home/Income Ratio6.0x (nat avg ~3.5x)
Median Rent$1,966/mo
Total Housing Units9,493
Vacant Units387

Income Distribution

Under $25k
8%
$25k–$50k
8%
$50k–$75k
19%
$75k–$100k
12%
$100k–$150k
25%
$150k–$200k
13%
Over $200k
14%
Employment & Commute

How People Get to Work

Drove Alone
69%
Public Transit
5%
Walked
1%
Work From Home
25%

Commute Time

Under 15 min
13%
15–30 min
39%
30–45 min
25%
Over 45 min
23%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
30%
1960s–1970s
11%
1980s–1990s
5%
2000+
52%
About Mountlake Terrace, WA

Mountlake Terrace is a city in Washington, located in Snohomish County. The city spans 1 ZIP code and is home to approximately 21,417 residents. It is a middle-aged city, with a median age of 38.2 years.

Economically, Mountlake Terrace is a upper-middle-income community. The median household income of $101,408 is above the national average. Approximately 8.0% of residents live below the poverty line. The unemployment rate is 4.9%, near the national average.

The real estate market in Mountlake Terrace is a premium housing market. Median home values stand at $605,800, which is more than double the national average. Renters typically pay around $1,966 per month.

The population of Mountlake Terrace is well-educated. 54.3% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (60.56%).

Mountlake Terrace, WA offers residents above-average earning potential within Washington.

ZIP Codes in Mountlake Terrace
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
98043 21,417 $101,408 $605,800 $1,966 4.9% 54.3% 56.1%