Bonney Lake, WA
Population 22,776 · Washington
About Bonney Lake, WA
Bonney Lake is a mid-sized city in Washington with a population of 22,776 residents. The median household income is $131,524 per year, which is above the national average. The median age in Bonney Lake is 35.4 years.
Housing in Bonney Lake has a median home value of $558,900 and median monthly rent of $2,212. Of the 7,894 total housing units, the majority are owner-occupied, with 6,115 owner-occupied and 1,540 renter-occupied units.
The unemployment rate in Bonney Lake is 3.0% and the poverty rate is 4.8%. 29.6% of residents hold a bachelor's degree or higher. The average commute time is 34 minutes.
Cost of Living in Bonney Lake, WA
Compared to national averages, Bonney Lake has a median household income of $131,524 (75% above the national median of $75,149). Home values average $558,900, which is 128% above the national median. Monthly rent at $2,212 is 90% above the US average of $1,163. Within Washington, Bonney Lake's income is 45% above the state average of $90,795, and home values are 21% above the state median of $460,491.
Why Live in Bonney Lake, WA?
Bonney Lake offers a strong local economy with a median household income of $131,524, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a low poverty rate of 4.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $558,900. However, Bonney Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bonney Lake has a population of 22,776 with a median age of 35.4 years. Compare Bonney Lake with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Bonney Lake
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Martha Lake | 22,740 | $132,130 | $725,400 | Compare |
| Hazel Dell | 23,086 | $78,958 | $424,500 | Compare |
| Cottage Lake | 23,170 | $197,331 | $1,164,000 | Compare |
| Union Hill-Novelty Hill | 23,272 | $181,820 | $1,174,100 | Compare |
| Eastmont | 23,486 | $139,346 | $696,800 | Compare |
| Kenmore | 23,594 | $137,926 | $869,800 | Compare |
| North Lynnwood | 23,653 | $102,888 | $565,000 | Compare |
| Silver Firs | 21,796 | $153,026 | $791,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bonney Lake With Other Cities
Frequently Asked Questions about Bonney Lake
What is the population of Bonney Lake, WA?
The population of Bonney Lake, WA is 22,776 according to the latest Census data.
What is the median household income in Bonney Lake?
The median household income in Bonney Lake, WA is $131,524 per year.
What is the median home value in Bonney Lake?
The median home value in Bonney Lake, WA is $558,900.
What is the average rent in Bonney Lake?
The median monthly rent in Bonney Lake, WA is $2,212.
What is the unemployment rate in Bonney Lake?
The unemployment rate in Bonney Lake, WA is 3.0%.