Total Population
22,388
Population
Growth Rate
0.72%
Median Age
39
Diversity Index
68.100
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
9,227
Total Housing Units
9,747
Owner Occupied
5,141
Renter Occupied
4,087
Vacant
520
Median Home Value
$493,203
Average Home Value
$543,510
Income
Growth Rate
Median
Household Income
0.00%
Per Capita Income
3.49%
Median Household
$85,062 $101,945
Average Household
$111,400 $132,607
Per Capita
$45,782 $54,342
Total Businesses
552
Total Employed
6,279
Workers 16+
11,554
2022 Finance/Insurance Businesses
Businesses
33
Employed
1,767
2022 Insur/Funds/Trusts/Other
Businesses
18
Employed
1,691
2022 HealthCare/Social Assist
Businesses
59
Employed
595
2022 Retail Trade Businesses
Businesses
51
Employed
545
2022 Educational Services - Businesses
Businesses
18
Employed
544
2022 Accommodation/Food Service
Businesses
39
Employed
416
Some
High School
462
Graduated
High School
2,563
Associates
Degree
2,132
Bachelor's
Degree
4,287
Graduate
Degree
2,060
Average Commute Time
32 min.
Resident Commuters
5,041
Non-Resident Commuters
6,508
Drive Alone
7,385
Carpooled
1,348
Public
1,328
Work At Home
1,180