Living in Soap Lake, Washington
Cost of living, income, home prices, rent and demographics of Soap Lake · Census data 2020–2024
Soap Lake has 1,508 residents with a median age of 35.9. The median household income is $48,125 (51% lower than the Washington median), the median home value is $250,000, the median rent is $599/month.
Soap Lake at a glance
- Population
- 1,508
- Median age
- 35.9State: 38.3
- Median household income
- $48,125State: $98,141
- Median home value
- $250,000State: $564,600
- Median rent
- $599/moState: $1,760
- Homeowners
- 65.6%
- Bachelor's degree or higher
- 14.4%
- Average commute
- 21 min
Is Soap Lake a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 51% lower than the Washington median; unemployment of 8.9%; a poverty rate of 27.4%.
The weather is best in May–June and August–September.
Cost of living in Soap Lake
Housing is the biggest part of the cost of living. In Soap Lake the median home value is $250,000, 25% lower than the U.S. median. Renters pay a median of $599 per month, which is 34.6% of household income. Homeowners with a mortgage pay $1,291 a month in housing costs.
Soap Lake median household income
The median household income in Soap Lake is $48,125 and the income per person is $51,631. 27.4% of residents live below the poverty line (Washington: 9.9%).
Housing in Soap Lake: homes for sale and rent
- Housing units
- 885
- Owner-occupied
- 65.6%
- Renter-occupied
- 34.4%
- Vacant
- 31.8%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.41
31.8% of homes are vacant most of the year, a sign that Soap Lake has many vacation and second homes.
Soap Lake demographics
- Population
- 1,508
- Median age
- 35.9
- Under 18
- 31.3%
- 65 and older
- 21.4%
- Households
- 604
- Foreign-born
- 11.3%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Soap Lake ›
Education in Soap Lake
14.4% of adults 25 and older in Soap Lake have a bachelor's degree or higher (Washington: 39.6%), and 7.5% have a graduate or professional degree.
Jobs and commute in Soap Lake
- Unemployment rate
- 8.9%State: 5.1%
- Average commute
- 21 minState: 27 min
- Work from home
- 10.5%
- Drive alone
- 82.7%
- Public transit
- 0.2%
- Walk to work
- 0%
- Homes with broadband
- 91.2%
Soap Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Soap Lake | 1,508 | $48,125 | $250,000 | $599 |
| Lakeview | 1,584 | $45,787 | $195,200 | $1,065 |
| Ephrata | 8,560 | $69,551 | $252,000 | $1,106 |
| Moses Lake North | 4,517 | $57,602 | $242,200 | $1,065 |
| Wilson Creek | 206 | $63,750 | $162,500 | $786 |
| Coulee City | 439 | $61,250 | $165,500 | $784 |
| Cascade Valley | 4,609 | $60,715 | — | $1,311 |
| Banks Lake South | 348 | $53,558 | $252,100 | — |
| Quincy | 7,998 | $87,902 | $336,800 | $1,161 |
More for people moving to Soap Lake
Soap Lake ZIP code ›Weather and climate ›Living in Soap Lake: FAQ
What is the median household income in Soap Lake, WA?
The median household income in Soap Lake is $48,125, 51% 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 Soap Lake?
The median home value in Soap Lake is $250,000, compared with $564,600 in Washington.
How much is rent in Soap Lake?
The median gross rent in Soap Lake is $599 per month, about 34.6% of household income.
Is Soap Lake, WA a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 21 minutes. Minuses: median household income 51% lower than the Washington median; unemployment of 8.9%; a poverty rate of 27.4%.
What is the median age in Soap Lake?
The median age in Soap Lake is 35.9 years (Washington: 38.3).
How long is the commute in Soap Lake?
The average commute to work in Soap Lake is 21 minutes; 10.5% of workers work from home.
What is the unemployment rate in Soap Lake?
The unemployment rate in Soap Lake is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Soap Lake?
14.4% of adults in Soap 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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