Last updated: 2024 BLS data · Page refreshed:
Mountlake Terrace has a population of 23,104 with a median age of 38.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 23,104 |
| Median Age | 38.3 |
| White | 61.6% |
| Black or African American | 4.2% |
| Asian | 11.5% |
| Hispanic or Latino | 15.3% |
| Other / Two or More Races | 7.4% |
The median household income in Mountlake Terrace is $107,687, which is 33.6% above the national median of $80,610. The per capita income is $59,528. The poverty rate is 7.0%.
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In Mountlake Terrace, 94.3% of residents age 25+ have a high school diploma or higher, and 43.0% hold a bachelor's degree or higher (14.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.3% |
| Bachelor's Degree or Higher | 43.0% |
| Graduate or Professional Degree | 14.9% |
The median home value in Mountlake Terrace is $667,300, above the national median of $303,400. The median monthly rent is $2,004. The homeownership rate is 56.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $667,300 |
| Median Monthly Rent | $2,004 |
| Homeownership Rate | 56.9% |
| Vacancy Rate | 3.5% |
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