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Lake Stevens, Washington

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
40,253
Population
$122,336
Median Income
$635,600
Home Value
34.7
Median Age

Demographics

Lake Stevens has a population of 40,253 with a median age of 34.7. Here is the racial and ethnic breakdown of the population:

White
70.8%
Hispanic
11.3%
Asian
10.2%
Other
5.1%
Black
2.6%
Demographic Value
Total Population40,253
Median Age34.7
White70.8%
Black or African American2.6%
Asian10.2%
Hispanic or Latino11.3%
Other / Two or More Races5.1%
Lake Stevens, Washington — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 70.8%Hispanic/Latino: 11.3%Asian: 10.2%Other: 5.1%Black: 2.6%40,253PopulationWhiteWhite70.8%Hispanic/LatinoHispanic/Latino11.3%AsianAsian10.2%OtherOther5.1%BlackBlack2.6%

Income & Economy

The median household income in Lake Stevens is $122,336, which is 51.8% above the national median of $80,610. The per capita income is $49,103. The poverty rate is 5.2%.

$122,336
Median Household Income
$49,103
Per Capita Income
5.2%
Poverty Rate

Employment

The unemployment rate in Lake Stevens is 4.3%, compared to the national rate of 4.1%.

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Education

In Lake Stevens, 94.0% of residents age 25+ have a high school diploma or higher, and 35.0% hold a bachelor's degree or higher (11.1% with a graduate or professional degree).

HS Diploma+
94.0%
Bachelor's+
35.0%
Graduate+
11.1%
Education Level % of Adults (25+)
High School Diploma or Higher94.0%
Bachelor's Degree or Higher35.0%
Graduate or Professional Degree11.1%

Housing

The median home value in Lake Stevens is $635,600, above the national median of $303,400. The median monthly rent is $2,224. The homeownership rate is 75.6%.

$635,600
Median Home Value
$2,224/mo
Median Rent
75.6%
Homeownership Rate
Housing Metric Value
Median Home Value$635,600
Median Monthly Rent$2,224
Homeownership Rate75.6%
Vacancy Rate3.5%

Salaries in Washington

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Frequently Asked Questions

What is the population of Lake Stevens, Washington?
The population of Lake Stevens, Washington is 40,253 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Stevens, Washington?
The median household income in Lake Stevens, Washington is $122,336. This is 51.8% above the national median of $80,610.
What is the median home value in Lake Stevens, Washington?
The median home value in Lake Stevens, Washington is $635,600. The median monthly rent is $2,224.
What percentage of people in Lake Stevens have a college degree?
In Lake Stevens, Washington, 35.0% of adults age 25 and older hold a bachelor's degree or higher, and 94.0% have a high school diploma or higher.
Is Lake Stevens, Washington an affordable place to live?
The home price-to-income ratio in Lake Stevens, Washington is 5.2x (median home value $635,600 vs. median income $122,336), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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