Living in Lynnwood, Washington
Cost of living, income, home prices, rent and demographics of Lynnwood · Census data 2020–2024
Lynnwood has 40,110 residents with a median age of 37.5. The median household income is $77,704 (21% lower than the Washington median), the median home value is $686,900, the median rent is $1,742/month.
Lynnwood at a glance
- Population
- 40,110
- Median age
- 37.5State: 38.3
- Median household income
- $77,704State: $98,141
- Median home value
- $686,900State: $564,600
- Median rent
- $1,742/moState: $1,760
- Homeowners
- 51.1%
- Bachelor's degree or higher
- 34.9%
- Average commute
- 30 min
Is Lynnwood a good place to live?
Pros: Unemployment of 4.3%.
Cons: Median household income 21% lower than the Washington median; home values 22% higher than the state median; an average commute of 30 minutes; a poverty rate of 14.2%.
The weather is best in June to September.
Cost of living in Lynnwood
Housing is the biggest part of the cost of living. In Lynnwood the median home value is $686,900, 106% higher than the U.S. median. Renters pay a median of $1,742 per month, which is 36% of household income. Homeowners with a mortgage pay $2,644 a month in housing costs.
Lynnwood median household income
The median household income in Lynnwood is $77,704 and the income per person is $42,390. 14.2% of residents live below the poverty line (Washington: 9.9%).
Housing in Lynnwood: homes for sale and rent
- Housing units
- 17,012
- Owner-occupied
- 51.1%
- Renter-occupied
- 48.9%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.45
Lynnwood demographics
- Population
- 40,110
- Median age
- 37.5
- Under 18
- 20.7%
- 65 and older
- 16.7%
- Households
- 16,070
- Foreign-born
- 29.2%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Lynnwood ›
Education in Lynnwood
34.9% of adults 25 and older in Lynnwood have a bachelor's degree or higher (Washington: 39.6%), and 13.3% have a graduate or professional degree.
Jobs and commute in Lynnwood
- Unemployment rate
- 4.3%State: 5.1%
- Average commute
- 30 minState: 27 min
- Work from home
- 15.2%
- Drive alone
- 64.1%
- Public transit
- 8.7%
- Walk to work
- 1.7%
- Homes with broadband
- 92.7%
Lynnwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lynnwood | 40,110 | $77,704 | $686,900 | $1,742 |
| Alderwood Manor | 10,266 | $105,181 | $700,900 | $1,919 |
| North Lynnwood | 23,339 | $101,088 | $616,400 | $2,145 |
| Mountlake Terrace | 23,104 | $107,687 | $667,300 | $2,004 |
| Larch Way | 4,424 | $160,040 | $842,600 | $2,002 |
| Meadowdale | 3,009 | $173,902 | $852,400 | $3,038 |
| Edmonds | 42,735 | $122,449 | $890,100 | $1,903 |
| Brier | 6,545 | $132,045 | $866,600 | $2,318 |
| Bothell West | 22,029 | $153,449 | $824,900 | $2,511 |
More for people moving to Lynnwood
Lynnwood ZIP code ›Weather and climate ›Living in Lynnwood: FAQ
What is the median household income in Lynnwood, WA?
The median household income in Lynnwood is $77,704, 21% lower 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 Lynnwood?
The median home value in Lynnwood is $686,900, compared with $564,600 in Washington.
How much is rent in Lynnwood?
The median gross rent in Lynnwood is $1,742 per month, about 36% of household income.
Is Lynnwood, WA a good place to live?
Pluses: unemployment of 4.3%. Minuses: median household income 21% lower than the Washington median; home values 22% higher than the state median; an average commute of 30 minutes; a poverty rate of 14.2%.
What is the median age in Lynnwood?
The median age in Lynnwood is 37.5 years (Washington: 38.3).
How long is the commute in Lynnwood?
The average commute to work in Lynnwood is 30 minutes; 15.2% of workers work from home.
What is the unemployment rate in Lynnwood?
The unemployment rate in Lynnwood is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lynnwood?
34.9% of adults in Lynnwood 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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