Mountlake Terrace

Mountlake Terrace Main Photo

mount lake terrace waMountlake Terrace’s location provides easy access to many regional attractions as well as local employment centers.

Three transit lines serve Mountlake Terrace providing faster and easier commutes to Seattle and other neighboring cities, as well as the University of Washington, Washington State University and Edmonds Community College. As the southern gateway to Snohomish County, the fastest growing county in Washington State, Mountlake Terrace will be the first northbound light rail stop in Snohomish County.

The city is in the process of implementing a Town Center Plan intended to invigorate and revitalize the city center and encourage development. In 2009, the plan won the Governor’s Smart Community Award for Livable and Vibrant Communities. The city is investing in new infrastructure such as roads, park improvements, utilities, new and widened sidewalks, bike lanes, street trees, new City Hall and Police Station addition to ensure that it is well-positioned to facilitate investment and accommodate redevelopment and revitalization opportunities within the Town Center and near the future light rail station. Encouraging economic development, while at the same time enhancing the city’s quality of life and concern for the environment, Mountlake Terrace has adopted a Sustainability Strategy, Economic Vitality Strategy and Transit Service Strategy.

Community well-being and public safety are also priorities; residents are served by an excellent recreational system, four hospital systems within a 10-mile radius and an outstanding and diligent Police Department.

Mountlake Terrace’s 260+ acres of parks and playfields offer a variety of recreational opportunities including its popular Recreation Pavilion, nine neighborhood parks, three sports complexes, and 14 sports fields. The city maintains miles of trails, including Lakeview Trail which connects the Mountlake Terrace Transit Center to the regional Interurban Trail. The city also hosts Tour de Terrace, a Seafair summer festival that attracts thousands of people from all over the region, and Arts of the Terrace Juried Art Show held each fall.

Mountlake Terrace offers Class A office space with below market lease rates, no B&O tax, competitive real estate development fees and economic incentives for land developers, and additional economic and investment benefits.

Distance From

  • Work:
    • Everett:15.6 Miles
    • Bellevue: 21.6 Miles
    • Redmond: 18.7 Miles
    • Seattle: 13.8 Miles
  • Skiing: 68 Miles
  • Boating: 5 Miles

K-12 School District

Edmonds School District

Major Employers

  • Premera/Blue Cross
  • Umpqua Bank
  • Edmonds School District
  • City of Mountlake Terrace
Thumbnail for Mountlake Terrace

Population

Total Population

23,078

Population
Growth Rate

0.96%

Median Age

40

Diversity Index

70.700

Source: ESRI, 2024-09-26

Housing & Income

Households

9,563

Total Housing Units

9,933


Owner Occupied

5,559

Renter Occupied

4,004

Vacant

370

Median Home Value

$706,633


Average Home Value

$746,056

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

3.53%

Income Projection

Median Household

$95,564 $111,105


Average Household

$127,843 $151,869


Per Capita

$52,993 $63,024

Source: ESRI, 2024-09-26

Workforce

Total Businesses

561

Total Employed

7,017

Workers 16+

11,502

2024 Finance / Insurance Businesses

cp-industries

Businesses

35

Employed

2,093

2024 Insur / Funds / Trusts / Other

cp-industries

Businesses

17

Employed

1,790

2024 HealthCare / Social Assistance

cp-industries

Businesses

73

Employed

889

2024 Educational Services - Businesses

cp-industries

Businesses

21

Employed

599

2024 Retail Trade Businesses

cp-industries

Businesses

46

Employed

568

2024 Construction Businesses

cp-industries

Businesses

53

Employed

442

Some
High School

566

Graduated
High School

3,027

Associates
Degree

1,925

Bachelor's
Degree

4,888

Graduate
Degree

2,761

Average Commute Time

31 min.



Resident Commuters

5,640

Non-Resident Commuters

5,862

Drive Alone

6,817

Carpooled

1,229

Public

954

Work At Home

2,187

Source: ESRI, 2024-09-26