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The total population of Mountlake Terrace is estimated to be 21,350 with 10,471 males (49.04%) and 10,879 females (50.96%). There are 408 more females than males in Mountlake Terrace.
The median household income in Mountlake Terrace was $94,888 in 2021, which marked an an increase of 3,400(3.72%) from $91,488 in 2020. This income is 127.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Mountlake Terrace sees its highest median household income among householders in the age group of 25 to 44 years old, at $106,985. Overall, the median household income for the city of Mountlake Terrace stands at $94,888.
In Mountlake Terrace, the median income for all workers aged 15 years and older, regardless of work hours, was $57,413 for males and $43,642 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $77,285 for males and $68,327 for females.
In Mountlake Terrace, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $104,545, while Black or African American households represent the opposite end with the lowest median household income of $71,928.
In 2022, the population of Mountlake Terrace was 21,543, a 0.27% increase year-by-year from 2021. Previously, in 2021, Mountlake Terrace's population was 21,485, an increase of 0.95% compared to a population of 21,282 in 2020.
The median age in Mountlake Terrace, WA is 37.7, as per 2021 ACS 5-Year Estimates. Of the total population, 16.19% were under the age of 15, 18.27% aged 15 to 29, 51.69% aged 30 to 64, 11.50% aged 65 to 84, and 2.35% were 85 years of age and older.
Racial distribution of Mountlake Terrace population: 68.24% are White, 4.85% are Black or African American, 0.76% are American Indian and Alaska Native, 9.60% are Asian, 0.71% are Native Hawaiian and other Pacific Islander, 7.26% are some other race and 8.60% are multiracial.