Living in Lake Stevens, Washington
Cost of living, income, home prices, rent and demographics of Lake Stevens · Census data 2020–2024
Lake Stevens has 40,253 residents with a median age of 34.7. The median household income is $122,336 (25% higher than the Washington median), the median home value is $635,600, the median rent is $2,224/month.
Lake Stevens at a glance
- Population
- 40,253
- Median age
- 34.7State: 38.3
- Median household income
- $122,336State: $98,141
- Median home value
- $635,600State: $564,600
- Median rent
- $2,224/moState: $1,760
- Homeowners
- 75.6%
- Bachelor's degree or higher
- 35%
- Average commute
- 35 min
Is Lake Stevens a good place to live?
Pros: Median household income 25% higher than the Washington median; unemployment of 4.8%; a poverty rate of 5.2%.
Cons: Home values 13% higher than the state median; an average commute of 35 minutes.
The weather is best in June to September.
Cost of living in Lake Stevens
Housing is the biggest part of the cost of living. In Lake Stevens the median home value is $635,600, 91% higher than the U.S. median. Renters pay a median of $2,224 per month, which is 33.1% of household income. Homeowners with a mortgage pay $2,700 a month in housing costs.
Lake Stevens median household income
The median household income in Lake Stevens is $122,336 and the income per person is $49,103. 5.2% of residents live below the poverty line (Washington: 9.9%).
Housing in Lake Stevens: homes for sale and rent
- Housing units
- 14,272
- Owner-occupied
- 75.6%
- Renter-occupied
- 24.4%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.92
Lake Stevens demographics
- Population
- 40,253
- Median age
- 34.7
- Under 18
- 29.1%
- 65 and older
- 8.6%
- Households
- 13,773
- Foreign-born
- 13.1%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Stevens ›
Education in Lake Stevens
35% of adults 25 and older in Lake Stevens have a bachelor's degree or higher (Washington: 39.6%), and 11.1% have a graduate or professional degree.
Jobs and commute in Lake Stevens
- Unemployment rate
- 4.8%State: 5.1%
- Average commute
- 35 minState: 27 min
- Work from home
- 21.3%
- Drive alone
- 66.2%
- Public transit
- 2.2%
- Walk to work
- 1.3%
- Homes with broadband
- 94.9%
Lake Stevens vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Stevens | 40,253 | $122,336 | $635,600 | $2,224 |
| Cavalero | 1,591 | $148,462 | $656,000 | $3,127 |
| Machias | 1,276 | $151,875 | $714,100 | $3,102 |
| Bunk Foss | 3,627 | $155,201 | $831,000 | $2,705 |
| Lake Cassidy | 3,292 | $113,403 | $705,000 | $1,734 |
| Lochsloy | 3,029 | $106,484 | $610,200 | $1,250 |
| Fobes Hill | 2,569 | $133,553 | $827,900 | $1,401 |
| Snohomish | 10,239 | $87,250 | $683,900 | $1,654 |
| Everett | 111,845 | $83,512 | $565,300 | $1,740 |
More for people moving to Lake Stevens
Lake Stevens ZIP code ›Weather and climate ›Living in Lake Stevens: FAQ
What is the median household income in Lake Stevens, WA?
The median household income in Lake Stevens is $122,336, 25% 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 Lake Stevens?
The median home value in Lake Stevens is $635,600, compared with $564,600 in Washington.
How much is rent in Lake Stevens?
The median gross rent in Lake Stevens is $2,224 per month, about 33.1% of household income.
Is Lake Stevens, WA a good place to live?
Pluses: median household income 25% higher than the Washington median; unemployment of 4.8%; a poverty rate of 5.2%. Minuses: home values 13% higher than the state median; an average commute of 35 minutes.
What is the median age in Lake Stevens?
The median age in Lake Stevens is 34.7 years (Washington: 38.3).
How long is the commute in Lake Stevens?
The average commute to work in Lake Stevens is 35 minutes; 21.3% of workers work from home.
What is the unemployment rate in Lake Stevens?
The unemployment rate in Lake Stevens is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Stevens?
35% of adults in Lake Stevens 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.
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