Bonney Lake, Washington Demographics & Population 2026
During the 2020–2024 ACS period, Bonney Lake, Washington had a total population of 22,090, the 64th largest city in Washington, with a median household income of $136,845, which is 39% higher than the state average. The poverty rate is 4.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 39% above the state average — one of the wealthiest communities in Washington.
- An exceptionally low poverty rate of 4.5% — among the lowest in Washington.
Bonney Lake Quick Facts
How Bonney Lake Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 22,776 | 22,090 | -3.0% |
| Median household income | $131,524 | $136,845 | +4.0% |
| Median home value | $558,900 | $607,900 | +8.8% |
How Bonney Lake Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 56 | National average: 61
Education
Educational Attainment (Adults 25+)
Bonney Lake Rankings in Washington
Explore Washington Rankings
Other Cities in Pierce County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tacoma | 222,758 | $85,884 | 12.4% | $479,600 |
| South Hill | 68,025 | $113,130 | 7.2% | $543,600 |
| Lakewood | 62,937 | $74,720 | 13.2% | $461,200 |
| Puyallup | 42,746 | $97,826 | 7.0% | $551,800 |
| Parkland | 38,742 | $72,239 | 13.0% | $423,000 |
| Graham | 35,079 | $116,862 | 5.9% | $516,700 |
| University Place | 34,911 | $99,031 | 8.2% | $624,800 |
| Spanaway | 34,019 | $98,251 | 8.8% | $445,700 |
| Frederickson | 25,383 | $109,500 | 5.7% | $477,400 |
| Fort Lewis | 15,167 | $58,796 | 13.3% | N/A |
Cities Similar to Bonney Lake
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Covington | 21,233 | $134,502 | $637,300 | 37.3% | 5.0% |
| Mukilteo | 21,323 | $132,861 | $884,900 | 56.3% | 5.7% |
| Bothell West | 22,029 | $153,449 | $824,900 | 56.1% | 3.0% |
| Martha Lake | 22,634 | $124,494 | $785,400 | 50.2% | 8.3% |
| Eastmont | 23,721 | $138,912 | $784,000 | 40.6% | 6.3% |
Population Overview
Bonney Lake is a small city located in Washington, within Pierce County. The total population is 22,090. It ranks as the 64th most populous out of 628 Census-designated places in Washington.
Age Demographics
The median age in Bonney Lake is 36.9 years. This is 4% lower than the state median of 38.3 years. With 28.6% of the population under 18, Bonney Lake has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Bonney Lake is $136,845. This is 39% higher than the state median of $98,141. It is also 70% higher than the national median of $80,734. The poverty rate stands at 4.5%. This is 55% 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 3.6%. This is 29% lower than the state rate of 5.1%. The median home value is $607,900. Housing costs are 8% higher than the state median of $564,600. The home-value-to-income ratio is 4.4x. 78.8% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Bonney Lake is White (non-Hispanic), making up 75.6% of the population. Hispanic or Latino residents account for 9.0%. The Asian population (3.3%) is well below the state average of 9.7%.
Education
30.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 39.6%. Nationally, 35.7% 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, Washington is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Washington state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 628 Census-designated places in Washington. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Bonney Lake, Washington?
Bonney Lake, Washington has a population of 22,090 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Bonney Lake, WA?
The median household income in Bonney Lake is $136,845, which is 70% higher than the national median of $80,734.
What is the poverty rate in Bonney Lake, WA?
The poverty rate in Bonney Lake is 4.5%. This means approximately 984 residents live below the federal poverty line.
What is the racial makeup of Bonney Lake, Washington?
Bonney Lake's population is 75.6% White, 2.1% Black, 9.0% Hispanic/Latino, and 3.3% Asian.
What is the median home value in Bonney Lake, WA?
The median home value in Bonney Lake is $607,900. The home-value-to-income ratio is 4.4x.
How educated is Bonney Lake, Washington?
30.2% of adults (25+) in Bonney Lake hold a bachelor's degree or higher, and 9.5% hold a graduate or professional degree.