Total Population
22,716
Population
Growth Rate
0.75%
Median Age
39
Diversity Index
69.000
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.
Households
9,422
Total Housing Units
9,799
Owner Occupied
5,227
Renter Occupied
4,195
Vacant
377
Median Home Value
$605,469
Average Home Value
$625,909
Income
Growth Rate
Median
Household Income
0.00%
Per Capita Income
3.50%
Median Household
$90,690 $106,602
Average Household
$120,189 $142,034
Per Capita
$49,870 $59,227
Total Businesses
547
Total Employed
6,414
Workers 16+
11,538
2023 Finance/Insurance Businesses
Businesses
39
Employed
1,843
2023 Insur/Funds/Trusts/Other
Businesses
19
Employed
1,696
2023 HealthCare/Social Assist
Businesses
60
Employed
611
2023 Retail Trade Businesses
Businesses
50
Employed
594
2023 Educational Services - Businesses
Businesses
18
Employed
491
2023 Other Service excl Pub Admin
Businesses
69
Employed
386
Some
High School
510
Graduated
High School
2,899
Associates
Degree
2,015
Bachelor's
Degree
4,385
Graduate
Degree
2,420
Average Commute Time
0 min.
Resident Commuters
5,291
Non-Resident Commuters
6,236
Drive Alone
7,220
Carpooled
1,279
Public
1,141
Work At Home
1,598