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Martha Lake, 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
22,634
Population
$124,494
Median Income
$785,400
Home Value
34.7
Median Age

Demographics

Martha Lake has a population of 22,634 with a median age of 34.7. Here is the racial and ethnic breakdown of the population:

White
48.5%
Asian
25.3%
Hispanic
13.6%
Other
8.8%
Black
3.8%
Demographic Value
Total Population22,634
Median Age34.7
White48.5%
Black or African American3.8%
Asian25.3%
Hispanic or Latino13.6%
Other / Two or More Races8.8%
Martha Lake, Washington — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 48.5%Asian: 25.3%Hispanic/Latino: 13.6%Other: 8.8%Black: 3.8%22,634PopulationWhiteWhite48.5%AsianAsian25.3%Hispanic/LatinoHispanic/Latino13.6%OtherOther8.8%BlackBlack3.8%

Income & Economy

The median household income in Martha Lake is $124,494, which is 54.4% above the national median of $80,610. The per capita income is $56,210. The poverty rate is 8.3%.

$124,494
Median Household Income
$56,210
Per Capita Income
8.3%
Poverty Rate

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Education

In Martha Lake, 93.5% of residents age 25+ have a high school diploma or higher, and 50.3% hold a bachelor's degree or higher (15.8% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
50.3%
Graduate+
15.8%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher50.3%
Graduate or Professional Degree15.8%

Housing

The median home value in Martha Lake is $785,400, above the national median of $303,400. The median monthly rent is $2,185. The homeownership rate is 63.2%.

$785,400
Median Home Value
$2,185/mo
Median Rent
63.2%
Homeownership Rate
Housing Metric Value
Median Home Value$785,400
Median Monthly Rent$2,185
Homeownership Rate63.2%
Vacancy Rate0.6%

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Frequently Asked Questions

What is the population of Martha Lake, Washington?
The population of Martha Lake, Washington is 22,634 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Martha Lake, Washington?
The median household income in Martha Lake, Washington is $124,494. This is 54.4% above the national median of $80,610.
What is the median home value in Martha Lake, Washington?
The median home value in Martha Lake, Washington is $785,400. The median monthly rent is $2,185.
What percentage of people in Martha Lake have a college degree?
In Martha Lake, Washington, 50.3% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Martha Lake, Washington an affordable place to live?
The home price-to-income ratio in Martha Lake, Washington is 6.3x (median home value $785,400 vs. median income $124,494), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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