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All about

Mountlake Terrace, WA

Mountlake Terrace, Washington is a small city with a population of approximately 21,000. Young professionals can expect to fit right in, as they make up an above-average percentage of the community. Overall, the city's population, with an average age of just over 38, skews younger than most cities in Washington. The majority of residents own their homes in Mountlake Terrace, and 43% of residents rent. With an average rent of $1,371/month, exceeding the state average by $163 a month, relatively high rent costs may be a factor in the higher levels of ownership.

With an average commute time of about 34 minutes, slower than most cities in Washington, Mountlake Terrace residents know that it takes some patience getting to work. Driving a car or truck is the prevailing means of commuting to work, selected by 45% of workers, while public transportation is used by only 6% of the city. Walking isn't a common means of commuting to work.

Compared to the national average (13%), Mountlake Terrace has a relatively high number of college graduates, as 17% of the city's residents older than 25 possess either a BA, BS, or BFA. Furthermore, 24% have a Bachelor's, Master's, Professional, or Doctoral degree. There are four primary industries in Mountlake Terrace: healthcare, retail, manufacturing, and entertainment. Combined, these industries make up 29% of the city's labor force. Meanwhile, looking at job function, many workers in these industries are in sales, as 9% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of about $81,000, Mountlake Terrace workers take home roughly the same as the average Washington resident. Mountlake Terrace, however, compares more favorably to the national average of $73,345.

Average Rent in Mountlake Terrace

Studio1 Bed2 Bed3 Bed
Jan 20$1,456$1,617$2,020
Dec 191,4661,5952,782
Nov 191,4951,6102,565
Oct 191,4901,6202,597
Sep 191,4671,9272,597
Aug 191,4451,6832,490
Jul 191,4711,665
Jun 191,5411,615
May 191,4651,597
Apr 191,3511,592
Mar 191,4151,590
Feb 191,3711,493
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Mountlake Terrace

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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