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Soap 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
1,508
Population
$48,125
Median Income
$250,000
Home Value
35.9
Median Age

Demographics

Soap Lake has a population of 1,508 with a median age of 35.9. Here is the racial and ethnic breakdown of the population:

White
59.9%
Hispanic
33.9%
Other
6.2%
Demographic Value
Total Population1,508
Median Age35.9
White59.9%
Hispanic or Latino33.9%
Other / Two or More Races6.2%
Soap Lake, Washington — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 59.9%Hispanic/Latino: 33.9%Other: 6.2%1,508PopulationWhiteWhite59.9%Hispanic/LatinoHispanic/Latino33.9%OtherOther6.2%

Income & Economy

The median household income in Soap Lake is $48,125, which is 40.3% below the national median of $80,610. The per capita income is $51,631. The poverty rate is 27.4%.

$48,125
Median Household Income
$51,631
Per Capita Income
27.4%
Poverty Rate

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Education

In Soap Lake, 77.3% of residents age 25+ have a high school diploma or higher, and 14.4% hold a bachelor's degree or higher (7.5% with a graduate or professional degree).

HS Diploma+
77.3%
Bachelor's+
14.4%
Graduate+
7.5%
Education Level % of Adults (25+)
High School Diploma or Higher77.3%
Bachelor's Degree or Higher14.4%
Graduate or Professional Degree7.5%

Housing

The median home value in Soap Lake is $250,000, below the national median of $303,400. The median monthly rent is $599. The homeownership rate is 65.6%.

$250,000
Median Home Value
$599/mo
Median Rent
65.6%
Homeownership Rate
Housing Metric Value
Median Home Value$250,000
Median Monthly Rent$599
Homeownership Rate65.6%
Vacancy Rate31.8%

Salaries in Washington

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Frequently Asked Questions

What is the population of Soap Lake, Washington?
The population of Soap Lake, Washington is 1,508 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Soap Lake, Washington?
The median household income in Soap Lake, Washington is $48,125. This is 40.3% below the national median of $80,610.
What is the median home value in Soap Lake, Washington?
The median home value in Soap Lake, Washington is $250,000. The median monthly rent is $599.
What percentage of people in Soap Lake have a college degree?
In Soap Lake, Washington, 14.4% of adults age 25 and older hold a bachelor's degree or higher, and 77.3% have a high school diploma or higher.
Is Soap Lake, Washington an affordable place to live?
The home price-to-income ratio in Soap Lake, Washington is 5.2x (median home value $250,000 vs. median income $48,125), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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