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Bonney Lake city, Washington Demographics & Population 2026

As of 2026, Bonney Lake city, Washington has a total population of 22,776, the 61st largest city in Washington, with a median household income of $131,524, which is 39% higher than the state average. The poverty rate is 4.9%.

Key Takeaways

Bonney Lake city Quick Facts

Population 22,776
Median Household Income $131,524
Median Home Value $558,900
Poverty Rate 4.9%
Unemployment Rate 3.0%
Median Age 35.4 years
Homeownership Rate 79.9%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 29.6%
High School Graduation Rate 95.1%
Diversity Index 43/100
Population 22,776 61st of 631
Median Income $131,524 top 20%
Poverty Rate 4.9% 61% lower national
Median Home Value $558,900 top 30%

How Bonney Lake city Compares

Economy & Housing

Employment

3.0% Unemployment Rate State: 5.0% | National: 5.2%
69.5% Labor Force Participation

Housing Overview

Owner 79.9%
Renter 20.1%
Affordability Index Moderate
4.2x home value to income ratio

People & Demographics

Diversity Index

43out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 55 | National average: 60

Education

Bonney Lake city Rankings in Washington

#61 Population of 631
#79 Median Income of 631
#244 Education of 631
#159 Home Value of 631

Cities Similar to Bonney Lake city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Martha Lake CDP22,740$132,130$725,40047.5%10.0%
Kenmore city23,594$137,926$869,80057.1%6.0%
Eastmont CDP23,486$139,346$696,80040.9%6.5%
Mukilteo city21,312$122,612$830,00054.8%5.8%
Covington city20,957$126,730$590,10035.9%4.7%

Population Overview

Bonney Lake city is a small city located in Washington. The total population is 22,776. It ranks as the 61st most populous out of 631 cities and towns in Washington.

Age Demographics

The median age in Bonney Lake city is 35.4 years. This is 7% lower than the state median of 38.2 years. With 29.1% of the population under 18, Bonney Lake city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Bonney Lake city is $131,524. This is 39% higher than the state median of $94,952. Compared to the national median of $78,538, household income here is 67% higher. The poverty rate stands at 4.9%. This is 51% lower than the state poverty rate of 9.9%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.0%. This is 39% lower than the state rate of 5.0%. The median home value is $558,900. Housing costs are 8% higher than the state median of $519,800. The home-value-to-income ratio is 4.2x. 79.9% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 63.9%.

Race & Ethnicity

The largest racial or ethnic group in Bonney Lake city is White (non-Hispanic), making up 73.4% of the population. Hispanic or Latino residents account for 11.1%. The Black or African American population (1.1%) is well below the state average of 3.8%. The Asian population (4.1%) is well below the state average of 9.3%.

Education

29.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.1%.

Data Sources & Methodology

All demographic data for Bonney Lake city, Washington is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Washington state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 631 Census-designated places in Washington. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Bonney Lake city, Washington?

Bonney Lake city, Washington has a population of 22,776 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bonney Lake city, WA?

The median household income in Bonney Lake city is $131,524, which is 67% higher the national median of $78,538.

What is the poverty rate in Bonney Lake city, WA?

The poverty rate in Bonney Lake city is 4.9%. This means approximately 1,100 residents live below the federal poverty line.

What is the racial makeup of Bonney Lake city, Washington?

Bonney Lake city's population is 73.4% White, 1.1% Black, 11.1% Hispanic/Latino, and 4.1% Asian.

What is the median home value in Bonney Lake city, WA?

The median home value in Bonney Lake city is $558,900. The home-value-to-income ratio is 4.2x.

How educated is Bonney Lake city, Washington?

29.6% of adults (25+) in Bonney Lake city hold a bachelor's degree or higher, and 8.8% hold a graduate or professional degree.