Mountlake Terrace, WA
23,104Residents
$107,687Median household income
$2,004/moMedian gross rent
$667,300Median home value
38.3Median age
43%Adults with a bachelor’s degree or higher
57%Homes lived in by their owners
6.2×Home value to household income
Median rent takes about 22% of the median household income in Mountlake Terrace.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $80,000 a year. In Washington that leaves roughly $5,426 a month after tax. See the full paycheck breakdown for $80,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.