Mountlake Terrace is a city in Washington state in USA with a population of 21328 residents..
The poverty rate of Mountlake Terrace is 6.9%, which is 51% lower than national average.
The typical household in Mountlake Terrace earns $80738 a year, compared to the national median of $67,500.
Nearly 23.8% of households earn less than $50,000 a year compared to 39% national rate.
The unemployment rate of Mountlake Terrace remained 3%, which is 36% lower than national rate.
Cost of living in Mountlake Terrace is 134, which is 34% higher than national average.
In Mountlake Terrace, only 37% of adults have a bachelor's degree and 38% have some college but no degree.
Median home value in Mountlake Terrace is $424700 , which is 85% higher than national average.
While median income in Mountlake Terrace remained $80738, which is 20% higher than national average.
Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.