Living in Martha Lake, Washington
Cost of living, income, home prices, rent and demographics of Martha Lake · Census data 2020–2024
Martha Lake has 22,634 residents with a median age of 34.7. The median household income is $124,494 (27% higher than the Washington median), the median home value is $785,400, the median rent is $2,185/month.
Martha Lake at a glance
- Population
- 22,634
- Median age
- 34.7State: 38.3
- Median household income
- $124,494State: $98,141
- Median home value
- $785,400State: $564,600
- Median rent
- $2,185/moState: $1,760
- Homeowners
- 63.2%
- Bachelor's degree or higher
- 50.3%
- Average commute
- 28 min
Is Martha Lake a good place to live?
Pros: Median household income 27% higher than the Washington median; unemployment of 4.3%; a poverty rate of 8.3%.
Cons: Home values 39% higher than the state median; an average commute of 28 minutes.
The weather is best in June to September.
Cost of living in Martha Lake
Housing is the biggest part of the cost of living. In Martha Lake the median home value is $785,400, 136% higher than the U.S. median. Renters pay a median of $2,185 per month, which is 29.3% of household income. Homeowners with a mortgage pay $3,128 a month in housing costs.
Martha Lake median household income
The median household income in Martha Lake is $124,494 and the income per person is $56,210. 8.3% of residents live below the poverty line (Washington: 9.9%).
Housing in Martha Lake: homes for sale and rent
- Housing units
- 8,160
- Owner-occupied
- 63.2%
- Renter-occupied
- 36.8%
- Vacant
- 0.6%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 2.78
Martha Lake demographics
- Population
- 22,634
- Median age
- 34.7
- Under 18
- 24%
- 65 and older
- 10.6%
- Households
- 8,113
- Foreign-born
- 29.1%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Martha Lake ›
Education in Martha Lake
50.3% of adults 25 and older in Martha Lake have a bachelor's degree or higher (Washington: 39.6%), and 15.8% have a graduate or professional degree.
Jobs and commute in Martha Lake
- Unemployment rate
- 4.3%State: 5.1%
- Average commute
- 28 minState: 27 min
- Work from home
- 26.2%
- Drive alone
- 60.5%
- Public transit
- 1.4%
- Walk to work
- 0.8%
- Homes with broadband
- 98%
Martha Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Martha Lake | 22,634 | $124,494 | $785,400 | $2,185 |
| Larch Way | 4,424 | $160,040 | $842,600 | $2,002 |
| Mill Creek | 20,956 | $124,364 | $903,800 | $2,249 |
| North Lynnwood | 23,339 | $101,088 | $616,400 | $2,145 |
| Mill Creek East | 25,453 | $192,937 | $905,400 | $3,152 |
| Lake Stickney | 15,890 | $94,020 | $620,300 | $1,806 |
| Alderwood Manor | 10,266 | $105,181 | $700,900 | $1,919 |
| Bothell West | 22,029 | $153,449 | $824,900 | $2,511 |
| Lynnwood | 40,110 | $77,704 | $686,900 | $1,742 |
More for people moving to Martha Lake
Martha Lake ZIP code ›Weather and climate ›Living in Martha Lake: FAQ
What is the median household income in Martha Lake, WA?
The median household income in Martha Lake is $124,494, 27% 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 Martha Lake?
The median home value in Martha Lake is $785,400, compared with $564,600 in Washington.
How much is rent in Martha Lake?
The median gross rent in Martha Lake is $2,185 per month, about 29.3% of household income.
Is Martha Lake, WA a good place to live?
Pluses: median household income 27% higher than the Washington median; unemployment of 4.3%; a poverty rate of 8.3%. Minuses: home values 39% higher than the state median; an average commute of 28 minutes.
What is the median age in Martha Lake?
The median age in Martha Lake is 34.7 years (Washington: 38.3).
How long is the commute in Martha Lake?
The average commute to work in Martha Lake is 28 minutes; 26.2% of workers work from home.
What is the unemployment rate in Martha Lake?
The unemployment rate in Martha Lake is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Martha Lake?
50.3% of adults in Martha 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.
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