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Mountlake Terrace, Washington Demographics & Population 2026

During the 2020–2024 ACS period, Mountlake Terrace, Washington had a total population of 23,104, the 59th largest city in Washington, with a median household income of $107,687, which is 10% higher than the state average. The poverty rate is 7.0%.

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

Mountlake Terrace Quick Facts

Population 23,104
Median Household Income $107,687
Median Home Value $667,300
Poverty Rate 7.0%
Unemployment Rate 4.2%
Median Age 38.3 years
Homeownership Rate 56.9%
Affordability Ratio 6.2x
Bachelor's Degree or Higher 43.0%
High School Graduation Rate 94.3%
Diversity Index 60/100
Population 23,104 59th of 628
Median Income $107,687 top 30%
Poverty Rate 7.0% 44% lower than national
Median Home Value $667,300 top 30%

How Mountlake Terrace 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
Population21,41923,104+7.9%
Median household income$101,404$107,687+6.2%
Median home value$606,100$667,300+10.1%

How Mountlake Terrace Compares

Economy & Housing

Household Income Distribution

Under $25K 7.6%
$25K-$50K 7.5%
$50K-$100K 29.3%
$100K+ 55.6%
Detailed income brackets
Under $10K
4.0%
$10K-$15K
0.9%
$15K-$20K
1.3%
$20K-$25K
1.4%
$25K-$30K
0.5%
$30K-$35K
2.3%
$35K-$40K
1.2%
$40K-$45K
2.0%
$45K-$50K
1.5%
$50K-$60K
6.4%
$60K-$75K
11.2%
$75K-$100K
11.7%
$100K-$125K
15.4%
$125K-$150K
10.3%
$150K-$200K
13.3%
$200K+
16.6%

Employment

4.2% Unemployment Rate State: 5.1%|National: 5.2%
69.9% Labor Force Participation

Housing Overview

Owner 56.9%
Renter 43.1%
Affordability Index Expensive
6.2x home value to income ratio
Median gross rent $2,004/mo 22.3% of median household income annually

People & Demographics

Diversity Index

60out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 56 | National average: 61

Education

Mountlake Terrace Rankings in Washington

#59 Population of 628
#164 Median Income of 570
#125 Education of 628
#126 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
Lake Stevens 40,253 $122,336 5.2% $635,600
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
Martha Lake 22,634 $124,494 8.3% $785,400
Silver Firs 22,306 $163,418 5.9% $859,900

Cities Similar to Mountlake Terrace

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Lynnwood23,339$101,088$616,40043.8%7.2%
Battle Ground21,886$104,977$485,10026.7%5.9%
Martha Lake22,634$124,494$785,40050.2%8.3%
Five Corners21,194$106,192$459,60025.7%8.6%
Frederickson25,383$109,500$477,40020.0%5.7%

Population Overview

Mountlake Terrace is a small city located in Washington, within Snohomish County. The total population is 23,104. It ranks as the 59th most populous out of 628 Census-designated places in Washington.

Age Demographics

The median age in Mountlake Terrace is 38.3 years. This is about the same as the state median of 38.3 years.

Economy, Income & Housing

The median household income in Mountlake Terrace is $107,687. This is 10% higher than the state median of $98,141. It is also 33% higher than the national median of $80,734. The poverty rate stands at 7.0%. This is 29% lower than the state poverty rate of 9.9%. The unemployment rate is 4.2%. This is 17% lower than the state rate of 5.1%. The median home value is $667,300. Housing costs are 18% higher than the state median of $564,600. The home-value-to-income ratio of 6.2x suggests that housing affordability is a significant concern for many residents. 56.9% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Mountlake Terrace is White (non-Hispanic), making up 59.8% of the population. Hispanic or Latino residents account for 15.3%.

Education

43.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher 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 94.3%.

Data Sources & Methodology

All demographic data for Mountlake Terrace, 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.

Free data download: Get all Washington city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Mountlake Terrace, Washington?

Mountlake Terrace, Washington has a population of 23,104 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mountlake Terrace, WA?

The median household income in Mountlake Terrace is $107,687, which is 33% higher than the national median of $80,734.

What is the poverty rate in Mountlake Terrace, WA?

The poverty rate in Mountlake Terrace is 7.0%. This means approximately 1,606 residents live below the federal poverty line.

What is the racial makeup of Mountlake Terrace, Washington?

Mountlake Terrace's population is 59.8% White, 4.2% Black, 15.3% Hispanic/Latino, and 11.5% Asian.

What is the median home value in Mountlake Terrace, WA?

The median home value in Mountlake Terrace is $667,300. The home-value-to-income ratio is 6.2x.

How educated is Mountlake Terrace, Washington?

43.0% of adults (25+) in Mountlake Terrace hold a bachelor's degree or higher, and 14.9% hold a graduate or professional degree.