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Lake Stevens, Washington Demographics & Population 2026

During the 2020–2024 ACS period, Lake Stevens, Washington had a total population of 40,253, the 31st largest city in Washington, with a median household income of $122,336, which is 25% higher than the state average. The poverty rate is 5.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Lake Stevens Quick Facts

Population 40,253
Median Household Income $122,336
Median Home Value $635,600
Poverty Rate 5.2%
Unemployment Rate 4.8%
Median Age 34.7 years
Homeownership Rate 75.6%
Affordability Ratio 5.2x
Bachelor's Degree or Higher 35.0%
High School Graduation Rate 94.0%
Diversity Index 51/100
Population 40,253 31st of 628
Median Income $122,336 top 20%
Poverty Rate 5.2% 58% lower than national
Median Home Value $635,600 top 30%

How Lake Stevens Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population39,50040,253+1.9%
Median household income$118,290$122,336+3.4%
Median home value$593,900$635,600+7.0%

How Lake Stevens Compares

Economy & Housing

Household Income Distribution

Under $25K 4.7%
$25K-$50K 8.0%
$50K-$100K 26.0%
$100K+ 61.3%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
0.9%
$15K-$20K
0.7%
$20K-$25K
1.7%
$25K-$30K
1.4%
$30K-$35K
1.4%
$35K-$40K
2.0%
$40K-$45K
1.1%
$45K-$50K
2.0%
$50K-$60K
5.4%
$60K-$75K
9.0%
$75K-$100K
11.6%
$100K-$125K
12.3%
$125K-$150K
10.5%
$150K-$200K
16.6%
$200K+
21.9%

Employment

4.8% Unemployment Rate State: 5.1%|National: 5.2%
71.3% Labor Force Participation

Housing Overview

Owner 75.6%
Renter 24.4%
Affordability Index Expensive
5.2x home value to income ratio
Median gross rent $2,224/mo 21.8% of median household income annually

People & Demographics

Diversity Index

51out of 100
Moderate Diversity

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

State average: 56 | National average: 61

Education

Lake Stevens Rankings in Washington

#31 Population of 628
#107 Median Income of 570
#192 Education of 628
#143 Home Value of 584

Other Cities in Snohomish County

CityPopulationMedian IncomePovertyHome Value
Everett 111,845 $83,512 12.9% $565,300
Marysville 73,002 $103,974 8.1% $567,900
Edmonds 42,735 $122,449 3.8% $890,100
Lynnwood 40,110 $77,704 14.1% $686,900
Mill Creek East 25,453 $192,937 4.1% $905,400
Eastmont 23,721 $138,912 6.3% $784,000
North Lynnwood 23,339 $101,088 7.2% $616,400
Mountlake Terrace 23,104 $107,687 7.0% $667,300
Martha Lake 22,634 $124,494 8.3% $785,400
Silver Firs 22,306 $163,418 5.9% $859,900

Cities Similar to Lake Stevens

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Edmonds42,735$122,449$890,10054.0%3.8%
Issaquah39,591$154,669$963,00070.5%5.2%
Graham35,079$116,862$516,70023.8%5.9%
Puyallup42,746$97,826$551,80029.4%7.0%
Lynnwood40,110$77,704$686,90034.9%14.1%

Population Overview

Lake Stevens is a mid-sized community located in Washington, within Snohomish County. The total population is 40,253. It ranks as the 31st most populous out of 628 Census-designated places in Washington.

Age Demographics

The median age in Lake Stevens is 34.7 years. This is 9% lower than the state median of 38.3 years. With 29.1% of the population under 18, Lake Stevens has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Lake Stevens is $122,336. This is 25% higher than the state median of $98,141. It is also 52% higher than the national median of $80,734. The poverty rate stands at 5.2%. This is 47% lower than the state poverty rate of 9.9%. The unemployment rate is 4.8%. This is 6% lower than the state rate of 5.1%. The median home value is $635,600. Housing costs are 13% higher than the state median of $564,600. The home-value-to-income ratio is 5.2x. 75.6% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Lake Stevens is White (non-Hispanic), making up 67.6% of the population. Hispanic or Latino residents account for 11.3%.

Education

35.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 12% 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 94.0%.

Data Sources & Methodology

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

Lake Stevens, Washington has a population of 40,253 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lake Stevens is $122,336, which is 52% higher than the national median of $80,734.

What is the poverty rate in Lake Stevens, WA?

The poverty rate in Lake Stevens is 5.2%. This means approximately 2,099 residents live below the federal poverty line.

What is the racial makeup of Lake Stevens, Washington?

Lake Stevens's population is 67.6% White, 2.5% Black, 11.3% Hispanic/Latino, and 10.1% Asian.

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

The median home value in Lake Stevens is $635,600. The home-value-to-income ratio is 5.2x.

How educated is Lake Stevens, Washington?

35.0% of adults (25+) in Lake Stevens hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.