Living in Bonney Lake, Washington
Cost of living, income, home prices, rent and demographics of Bonney Lake · Census data 2020–2024
Bonney Lake has 22,090 residents with a median age of 36.9. The median household income is $136,845 (39% higher than the Washington median), the median home value is $607,900, the median rent is $2,256/month.
Bonney Lake at a glance
- Population
- 22,090
- Median age
- 36.9State: 38.3
- Median household income
- $136,845State: $98,141
- Median home value
- $607,900State: $564,600
- Median rent
- $2,256/moState: $1,760
- Homeowners
- 78.8%
- Bachelor's degree or higher
- 30.2%
- Average commute
- 32 min
Is Bonney Lake a good place to live?
Pros: Median household income 39% higher than the Washington median; unemployment of 3.6%; a poverty rate of 4.5%.
Cons: Home values 8% higher than the state median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Bonney Lake
Housing is the biggest part of the cost of living. In Bonney Lake the median home value is $607,900, 83% higher than the U.S. median. Renters pay a median of $2,256 per month, which is 28.9% of household income. Homeowners with a mortgage pay $2,684 a month in housing costs.
Bonney Lake median household income
The median household income in Bonney Lake is $136,845 and the income per person is $51,573. 4.5% of residents live below the poverty line (Washington: 9.9%).
Housing in Bonney Lake: homes for sale and rent
- Housing units
- 7,739
- Owner-occupied
- 78.8%
- Renter-occupied
- 21.2%
- Vacant
- 3.1%Includes seasonal homes
- Median year built
- 2001
- Average household size
- 2.94
Bonney Lake demographics
- Population
- 22,090
- Median age
- 36.9
- Under 18
- 28.6%
- 65 and older
- 11%
- Households
- 7,499
- Foreign-born
- 7.6%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Bonney Lake ›
Education in Bonney Lake
30.2% of adults 25 and older in Bonney Lake have a bachelor's degree or higher (Washington: 39.6%), and 9.5% have a graduate or professional degree.
Jobs and commute in Bonney Lake
- Unemployment rate
- 3.6%State: 5.1%
- Average commute
- 32 minState: 27 min
- Work from home
- 15.6%
- Drive alone
- 69%
- Public transit
- 0.9%
- Walk to work
- 2.4%
- Homes with broadband
- 97.1%
Bonney Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bonney Lake | 22,090 | $136,845 | $607,900 | $2,256 |
| Lake Tapps | 12,798 | $148,005 | $742,400 | $2,091 |
| Alderton | 2,706 | $97,446 | $431,500 | $1,633 |
| Prairie Ridge | 12,074 | $114,356 | $462,000 | $1,965 |
| Sumner | 10,733 | $98,191 | $519,900 | $1,974 |
| Prairie Heights | 4,998 | $130,640 | $500,200 | $1,828 |
| North Puyallup | 1,653 | $83,489 | $379,200 | $1,348 |
| South Prairie | 309 | $117,250 | $444,000 | — |
| Tehaleh | 9,561 | $155,646 | $741,700 | $3,365 |
More for people moving to Bonney Lake
Bonney Lake ZIP code ›Weather and climate ›Living in Bonney Lake: FAQ
What is the median household income in Bonney Lake, WA?
The median household income in Bonney Lake is $136,845, 39% higher than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bonney Lake?
The median home value in Bonney Lake is $607,900, compared with $564,600 in Washington.
How much is rent in Bonney Lake?
The median gross rent in Bonney Lake is $2,256 per month, about 28.9% of household income.
Is Bonney Lake, WA a good place to live?
Pluses: median household income 39% higher than the Washington median; unemployment of 3.6%; a poverty rate of 4.5%. Minuses: home values 8% higher than the state median; an average commute of 32 minutes.
What is the median age in Bonney Lake?
The median age in Bonney Lake is 36.9 years (Washington: 38.3).
How long is the commute in Bonney Lake?
The average commute to work in Bonney Lake is 32 minutes; 15.6% of workers work from home.
What is the unemployment rate in Bonney Lake?
The unemployment rate in Bonney Lake is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bonney Lake?
30.2% of adults in Bonney Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: