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ZipNumbers

Washington · Census place 47490

Mountlake Terrace city, WA

Quick answer

Mountlake Terrace city has 21,419 residents, ranking #66 of 639 places in Washington. Median household income is $101,404, the median home is worth $606,100 and median gross rent runs $1,966 a month.

Population
21,419Mountlake Terrace city residents
Median household income
$101,404Past 12 months, inflation adjusted
Median home value
$606,100Owner-occupied units
Median gross rent
$1,966Rent plus utilities, monthly
Median age
38.2 yrsAll residents
Homeownership rate
56.1%Owner-occupied households

What the numbers mean in Mountlake Terrace city

Housing cost measured against local earnings.

A household earning the Mountlake Terrace city median would spend about 23.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8% of residents and 56.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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