Mountlake Terrace

Mountlake Terrace

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

Population

Total Population

23,422

Population
Growth Rate

1.06%

Median Age

40

Diversity Index

72.200

Source: ESRI, 2026-09-09

Housing & Income

Households

9,778

Total Housing Units

10,178


Owner Occupied

5,455

Renter Occupied

4,323

Vacant

400

Median Home Value

$722,580


Average Home Value

$762,956

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

3.12%

Income Projection

Median Household

$104,700 $121,705


Average Household

$143,032 $165,413


Per Capita

$59,826 $69,744

Source: ESRI, 2026-09-09

Workforce

Total Businesses

577

Total Employed

6,548

Workers 16+

13,032

2026 Finance / Insurance Businesses

cp-industries

Businesses

29

Employed

1,691

2026 Insur / Funds / Trusts / Other

cp-industries

Businesses

15

Employed

1,591

2026 HealthCare / Social Assistance

cp-industries

Businesses

84

Employed

779

2026 Construction Businesses

cp-industries

Businesses

63

Employed

631

2026 Retail Trade Businesses

cp-industries

Businesses

50

Employed

541

2026 Other Service excl Pub Admin

cp-industries

Businesses

81

Employed

423

Some
High School

591

Graduated
High School

2,994

Associates
Degree

2,225

Bachelor's
Degree

4,988

Graduate
Degree

2,837

Average Commute Time

0 min.



Resident Commuters

7,317

Non-Resident Commuters

5,688

Drive Alone

8,157

Carpooled

1,162

Public

427

Work At Home

2,848

Source: ESRI, 2026-09-09