Living in Lake Tapps, Washington
Cost of living, income, home prices, rent and demographics of Lake Tapps · Census data 2020–2024
Lake Tapps has 12,798 residents with a median age of 42.2. The median household income is $148,005 (51% higher than the Washington median), the median home value is $742,400, the median rent is $2,091/month.
Lake Tapps at a glance
- Population
- 12,798
- Median age
- 42.2State: 38.3
- Median household income
- $148,005State: $98,141
- Median home value
- $742,400State: $564,600
- Median rent
- $2,091/moState: $1,760
- Homeowners
- 89.2%
- Bachelor's degree or higher
- 42.1%
- Average commute
- 37 min
Is Lake Tapps a good place to live?
Pros: Median household income 51% higher than the Washington median; unemployment of 1.8%; a poverty rate of 4.6%.
Cons: Home values 31% higher than the state median; an average commute of 37 minutes.
The weather is best in June to September.
Cost of living in Lake Tapps
Housing is the biggest part of the cost of living. In Lake Tapps the median home value is $742,400, 123% higher than the U.S. median. Renters pay a median of $2,091 per month, which is 20.3% of household income. Homeowners with a mortgage pay $3,340 a month in housing costs.
Lake Tapps median household income
The median household income in Lake Tapps is $148,005 and the income per person is $71,939. 4.6% of residents live below the poverty line (Washington: 9.9%).
Housing in Lake Tapps: homes for sale and rent
- Housing units
- 4,861
- Owner-occupied
- 89.2%
- Renter-occupied
- 10.8%
- Vacant
- 5.1%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.78
Lake Tapps demographics
- Population
- 12,798
- Median age
- 42.2
- Under 18
- 24.8%
- 65 and older
- 17.1%
- Households
- 4,611
- Foreign-born
- 5.8%
- Veterans
- 9.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Tapps ›
Education in Lake Tapps
42.1% of adults 25 and older in Lake Tapps have a bachelor's degree or higher (Washington: 39.6%), and 14.8% have a graduate or professional degree.
Jobs and commute in Lake Tapps
- Unemployment rate
- 1.8%State: 5.1%
- Average commute
- 37 minState: 27 min
- Work from home
- 18.7%
- Drive alone
- 68.3%
- Public transit
- 1%
- Walk to work
- 0%
- Homes with broadband
- 97.7%
Lake Tapps vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Tapps | 12,798 | $148,005 | $742,400 | $2,091 |
| Bonney Lake | 22,090 | $136,845 | $607,900 | $2,256 |
| Sumner | 10,733 | $98,191 | $519,900 | $1,974 |
| Alderton | 2,706 | $97,446 | $431,500 | $1,633 |
| Pacific | 7,066 | $115,625 | $489,100 | $1,692 |
| North Puyallup | 1,653 | $83,489 | $379,200 | $1,348 |
| Prairie Ridge | 12,074 | $114,356 | $462,000 | $1,965 |
| Edgewood | 13,032 | $116,132 | $712,000 | $2,034 |
| Prairie Heights | 4,998 | $130,640 | $500,200 | $1,828 |
More for people moving to Lake Tapps
Lake Tapps ZIP code ›Weather and climate ›Living in Lake Tapps: FAQ
What is the median household income in Lake Tapps, WA?
The median household income in Lake Tapps is $148,005, 51% 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 Tapps?
The median home value in Lake Tapps is $742,400, compared with $564,600 in Washington.
How much is rent in Lake Tapps?
The median gross rent in Lake Tapps is $2,091 per month, about 20.3% of household income.
Is Lake Tapps, WA a good place to live?
Pluses: median household income 51% higher than the Washington median; unemployment of 1.8%; a poverty rate of 4.6%. Minuses: home values 31% higher than the state median; an average commute of 37 minutes.
What is the median age in Lake Tapps?
The median age in Lake Tapps is 42.2 years (Washington: 38.3).
How long is the commute in Lake Tapps?
The average commute to work in Lake Tapps is 37 minutes; 18.7% of workers work from home.
What is the unemployment rate in Lake Tapps?
The unemployment rate in Lake Tapps is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Tapps?
42.1% of adults in Lake Tapps 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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