Lake Ketchum, WA
Population 1,088 · Washington
About Lake Ketchum, WA
Lake Ketchum is a small town located in Washington with a population of 1,088 residents according to the latest US Census Bureau American Community Survey data. The median household income is $132,716 per year, which is 77% above the national median of $75,149. The median age of 54.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Ketchum features a median home value of $586,700, which is 140% above the national median of $244,900. This places Lake Ketchum in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 377 total housing units, 91% are owner-occupied (342 units) and 9% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Ketchum shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Ketchum have an average one-way commute time of 40.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
23.7% of Lake Ketchum residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 8.2% White, 6.3% Hispanic or Latino, 0.0% Black or African American, and 6.3% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Lake Ketchum, WA
Compared to national averages, Lake Ketchum has a median household income of $132,716 (77% above the national median of $75,149). Home values average $586,700, which is 140% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Washington, Lake Ketchum's income is 46% above the state average of $90,795, and home values are 27% above the state median of $460,491.
Why Live in Lake Ketchum, WA?
Lake Ketchum offers a strong local economy with a median household income of $132,716, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 7.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $586,700. However, Lake Ketchum’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Ketchum has a population of 1,088 with a median age of 54.2 years. Compare Lake Ketchum with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Lake Ketchum
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Langley | 1,090 | $74,067 | $670,100 | Compare |
| South Wenatchee | 1,083 | $61,959 | $244,400 | Compare |
| Machias | 1,112 | $127,043 | $631,900 | Compare |
| Neah Bay | 1,056 | $56,974 | $160,000 | Compare |
| Easton | 1,046 | $115,836 | $793,800 | Compare |
| Palouse | 1,131 | $92,875 | $261,000 | Compare |
| Republic | 1,043 | $53,295 | $228,300 | Compare |
| Carlsborg | 1,135 | $39,239 | $262,500 | 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 Lake Ketchum With Other Cities
Frequently Asked Questions about Lake Ketchum
What is the population of Lake Ketchum, WA?
The population of Lake Ketchum, WA is 1,088 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Washington.
What is the median household income in Lake Ketchum?
The median household income in Lake Ketchum, WA is $132,716 per year, which is 77% above the national median of $75,149.
What is the median home value in Lake Ketchum?
The median home value in Lake Ketchum, WA is $586,700, which is 140% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Ketchum?
The median monthly rent in Lake Ketchum, WA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Ketchum?
The unemployment rate in Lake Ketchum, WA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Ketchum, WA a good place to live?
Lake Ketchum offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,088 and a median age of 54.2, the city appeals to established professionals and retirees.
How educated is Lake Ketchum, WA?
23.7% of residents in Lake Ketchum aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake Ketchum?
Key cost-of-living indicators for Lake Ketchum, WA: median home value is $586,700 (140% above national), median rent is $0/month, and median household income is $132,716. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Lake Ketchum?
The poverty rate in Lake Ketchum, WA is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Ketchum, WA?
Lake Ketchum's population is 8.2% White, 6.3% Hispanic or Latino, 0.0% Black or African American, 6.3% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.