What percentage of people rent in Mountlake Terrace, WA?
43.1% (±3.7 points) of the occupied homes in Mountlake Terrace, WA are rented (2020–2024 American Community Survey).
That is 4,249 renting households against 5,606 that own their home.
In Mountlake Terrace, the share of households that rent went from 46.5% in 2015–2019 to 43.1% in 2020–2024 (−3.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 43.1% (±3.7 points)
- Renting households
- 4,249 (±429)
- Median renter income
- $81,745 (±$10,439)
Who rents and who owns in Mountlake Terrace
| Mountlake Terrace | Snohomish County | Washington | United States | |
|---|---|---|---|---|
| Renter-occupied share | 43.1% (±3.7 points) | 31.8% (±0.6 points) | 36.2% (±0.3 points) | 34.8% |
| Renting households | 4,249 (±429) | 100,610 (±1,950) | 1,110,043 (±7,257) | 45,017,354 |
| Owning households | 5,606 (±395) | 215,602 (±2,082) | 1,954,777 (±10,007) | 84,210,142 |
| Average renter household size | 2.2 (±0.1) | 2.5 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.1) | 2.7 (±0.0) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $81,745 (±$10,439) | $71,600 (±$2,016) | $66,868 (±$600) | $52,966 |
| Median owner household income | $128,899 (±$8,462) | $136,044 (±$1,844) | $119,764 (±$583) | $100,009 |
In Mountlake Terrace, the renter share is higher than in Snohomish County (31.8%).
It is also higher than in Washington (36.2%).
It is higher than the national figure (34.8%).
In Snohomish County, Mountlake Terrace ranks 6 of 55 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 82 of 472.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Mountlake Terrace has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 46.5% (±3.1 points) | 43.1% (±3.7 points) | −3.4 percentage points | Not a measurable change |
| Median gross rent | $1,464 (±$53) | $2,004 (±$86) | +36.9% | Up after inflation |
| Median household income | $72,955 (±$4,438) | $107,687 (±$5,732) | +47.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Mountlake Terrace
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Mountlake Terrace | — | 43.1% (±3.7 points) | — |
| Brier | 1.4 mi | 10.2% (±3.8 points) | Lower |
| Alderwood Manor | 2.2 mi | 30.2% (±5.7 points) | Lower |
| Esperance | 2.2 mi | 25.3% (±11.4 points) | Lower |
| Lynnwood | 2.4 mi | 48.9% (±3.4 points) | Higher |
| Lake Forest Park | 2.5 mi | 19.4% (±3.3 points) | Lower |
| Edmonds | 2.7 mi | 29.1% (±2.3 points) | Lower |
| Bothell West | 3.0 mi | 21.4% (±3.0 points) | Lower |
| Shoreline | 3.3 mi | 33.7% (±2.0 points) | Lower |
Nearby places with a measurably lower figure: Brier, WA (10.2%), Alderwood Manor, WA (30.2%), Esperance, WA (25.3%).
Nearby places with a measurably higher figure: Lynnwood, WA (48.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Snohomish County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | North Lynnwood | 56.1% (±4.5 points) |
| 2 | Everett | 51.0% (±1.8 points) |
| 3 | Lynnwood | 48.9% (±3.4 points) |
| 4 | Lake Stickney | 47.0% (±5.4 points) |
| 5 | Snohomish | 44.6% (±5.2 points) |
| 6 | Mountlake Terrace | 43.1% (±3.7 points) |
| 7 | Mill Creek | 41.0% (±4.6 points) |
| 8 | Bothell East | 40.7% (±4.7 points) |
| 9 | Stanwood | 38.3% (±9.0 points) |
| 10 | Arlington | 37.8% (±3.9 points) |
| 11 | Martha Lake | 36.8% (±4.5 points) |
| 12 | Darrington | 31.3% (±16.4 points) |
Showing 12 of 55 places in Snohomish County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Mountlake Terrace
How many renters are there in Mountlake Terrace?
Mountlake Terrace has an estimated 4,249 (±429) renting households, 43.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Mountlake Terrace?
In Mountlake Terrace, the share of households that rent went from 46.5% in 2015–2019 to 43.1% in 2020–2024 (−3.4 percentage points), not a measurable change.
How big are renting households in Mountlake Terrace?
A renting household in Mountlake Terrace has 2.2 people on average, against 2.4 in an owned home.
How much do renters earn in Mountlake Terrace?
The median renting household in Mountlake Terrace, WA has an income of $81,745 (±$10,439) a year, against $128,899 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mountlake Terrace city, Washington
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mountlake Terrace city, Washington
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mountlake Terrace city, Washington
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mountlake Terrace city, Washington
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mountlake Terrace city, Washington
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Mountlake Terrace city, Washington (place:47490, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Mountlake Terrace
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- Homeowner costs in Mountlake Terrace
- Property taxes in Mountlake Terrace
- Types of homes in Mountlake Terrace
- Bedrooms in Mountlake Terrace
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- Crime reported to police in Mountlake Terrace
- Population growth in Mountlake Terrace
- How long people stay in Mountlake Terrace
- Crowding and facilities in Mountlake Terrace
- Fair Market Rent in Mountlake Terrace
- Washington landlord and tenant rules
- Housing across Snohomish County
- Washington places ranked by share of renters
- Housing data for every place in Washington