Total Population
23,422
Population
Growth Rate
1.06%
Median Age
40
Diversity Index
72.200
Mountlake 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.
Total Population
23,422
Population
Growth Rate
1.06%
Median Age
40
Diversity Index
72.200
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%
Median Household
$104,700 $121,705
Average Household
$143,032 $165,413
Per Capita
$59,826 $69,744
Total Businesses
577
Total Employed
6,548
Workers 16+
13,032
2026 Finance / Insurance Businesses
Businesses
29
Employed
1,691
2026 Insur / Funds / Trusts / Other
Businesses
15
Employed
1,591
2026 HealthCare / Social Assistance
Businesses
84
Employed
779
2026 Construction Businesses
Businesses
63
Employed
631
2026 Retail Trade Businesses
Businesses
50
Employed
541
2026 Other Service excl Pub Admin
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