Lake Tapps, WA
Population 12,360 · Washington
About Lake Tapps, WA
Lake Tapps is a mid-sized city in Washington with a population of 12,360 residents. The median household income is $145,250 per year, which is above the national average. The median age in Lake Tapps is 42.4 years.
Housing in Lake Tapps has a median home value of $693,300 and median monthly rent of $2,004. Of the 4,695 total housing units, the majority are owner-occupied, with 4,037 owner-occupied and 415 renter-occupied units.
The unemployment rate in Lake Tapps is 2.9% and the poverty rate is 5.0%. 41.4% of residents hold a bachelor's degree or higher. The average commute time is 38 minutes.
How Lake Tapps Ranks in Washington
Cost of Living in Lake Tapps, WA
Compared to national averages, Lake Tapps has a median household income of $145,250 (93% above the national median of $75,149). Home values average $693,300, which is 183% above the national median. Monthly rent at $2,004 is 72% above the US average of $1,163. Within Washington, Lake Tapps's income is 60% above the state average of $90,795, and home values are 51% above the state median of $460,491.
Why Live in Lake Tapps, WA?
Lake Tapps offers a strong local economy with a median household income of $145,250, well above the national average, and a strong job market with an unemployment rate of just 2.9%, and a well-educated community where 41.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $693,300. However, Lake Tapps’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Tapps has a population of 12,360 with a median age of 42.4 years. Compare Lake Tapps with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Lake Tapps
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Liberty Lake | 12,435 | $105,599 | $506,000 | Compare |
| East Renton Highlands | 12,241 | $140,048 | $709,300 | Compare |
| Gig Harbor | 12,202 | $106,042 | $686,000 | Compare |
| Ridgefield | 12,576 | $117,550 | $590,200 | Compare |
| Sedro-Woolley | 12,633 | $72,140 | $390,200 | Compare |
| Minnehaha | 12,080 | $108,203 | $421,200 | Compare |
| Enumclaw | 12,663 | $116,563 | $498,700 | Compare |
| Prairie Ridge | 12,054 | $110,795 | $436,200 | 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 Tapps With Other Cities
Frequently Asked Questions about Lake Tapps
What is the population of Lake Tapps, WA?
The population of Lake Tapps, WA is 12,360 according to the latest Census data.
What is the median household income in Lake Tapps?
The median household income in Lake Tapps, WA is $145,250 per year.
What is the median home value in Lake Tapps?
The median home value in Lake Tapps, WA is $693,300.
What is the average rent in Lake Tapps?
The median monthly rent in Lake Tapps, WA is $2,004.
What is the unemployment rate in Lake Tapps?
The unemployment rate in Lake Tapps, WA is 2.9%.