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Lake Stevens city, Washington Demographics & Population 2026

As of 2026, Lake Stevens city, Washington has a total population of 39,500, the 32nd largest city in Washington, with a median household income of $118,290, which is 25% higher than the state average. The poverty rate is 5.0%.

Lake Stevens city Quick Facts

Population 39,500
Median Household Income $118,290
Median Home Value $593,900
Poverty Rate 5.0%
Unemployment Rate 4.8%
Median Age 34.8 years
Homeownership Rate 75.3%
Affordability Ratio 5.0x
Bachelor's Degree or Higher 33.6%
High School Graduation Rate 94.7%
Diversity Index 46/100
Population 39,500 32nd of 631
Median Income $118,290 top 20%
Poverty Rate 5.0% 59% lower national
Median Home Value $593,900 top 30%

How Lake Stevens city Compares

Economy & Housing

Employment

4.8% Unemployment Rate State: 5.0% | National: 5.2%
71.2% Labor Force Participation

Housing Overview

Owner 75.3%
Renter 24.7%
Affordability Index Expensive
5.0x home value to income ratio

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

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

State average: 55 | National average: 60

Education

Lake Stevens city Rankings in Washington

#32 Population of 631
#112 Median Income of 631
#192 Education of 631
#140 Home Value of 631

Cities Similar to Lake Stevens city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Edmonds city42,783$116,095$840,20052.2%3.5%
Graham CDP35,090$115,501$472,80020.9%6.2%
Issaquah city39,472$153,786$934,10069.5%5.9%
Puyallup city42,642$95,639$507,00028.3%7.5%
University Place city34,850$94,952$578,10043.5%8.6%

Population Overview

Lake Stevens city is a mid-sized community located in Washington. The total population is 39,500. It ranks as the 32nd most populous out of 631 cities and towns in Washington.

Age Demographics

The median age in Lake Stevens city is 34.8 years. This is 9% lower than the state median of 38.2 years. With 29.0% of the population under 18, Lake Stevens city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Lake Stevens city is $118,290. This is 25% higher than the state median of $94,952. Compared to the national median of $78,538, household income here is 51% higher. The poverty rate stands at 5.0%. This is 49% lower than the state poverty rate of 9.9%. The unemployment rate is 4.8%. This is 4% lower than the state rate of 5.0%. The median home value is $593,900. Housing costs are 14% higher than the state median of $519,800. The home-value-to-income ratio is 5.0x. 75.3% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 63.9%.

Race & Ethnicity

The largest racial or ethnic group in Lake Stevens city is White (non-Hispanic), making up 71.5% of the population. Hispanic or Latino residents account for 11.2%.

Education

33.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% 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 94.7%.

Data Sources & Methodology

All demographic data for Lake Stevens 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 Lake Stevens city, Washington?

Lake Stevens city, Washington has a population of 39,500 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lake Stevens city is $118,290, which is 51% higher the national median of $78,538.

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

The poverty rate in Lake Stevens city is 5.0%. This means approximately 1,987 residents live below the federal poverty line.

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

Lake Stevens city's population is 71.5% White, 2.3% Black, 11.2% Hispanic/Latino, and 7.7% Asian.

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

The median home value in Lake Stevens city is $593,900. The home-value-to-income ratio is 5.0x.

How educated is Lake Stevens city, Washington?

33.6% of adults (25+) in Lake Stevens city hold a bachelor's degree or higher, and 10.7% hold a graduate or professional degree.