Martha Lake, WA
Population 22,740 · Washington
About Martha Lake, WA
Martha Lake is a mid-sized city in Washington with a population of 22,740 residents. The median household income is $132,130 per year, which is above the national average. The median age in Martha Lake is 33.9 years.
Housing in Martha Lake has a median home value of $725,400 and median monthly rent of $2,014. Of the 8,001 total housing units, the majority are owner-occupied, with 4,955 owner-occupied and 2,987 renter-occupied units.
The unemployment rate in Martha Lake is 4.5% and the poverty rate is 10.0%. 47.5% of residents hold a bachelor's degree or higher. The average commute time is 28.5 minutes.
Cost of Living in Martha Lake, WA
Compared to national averages, Martha Lake has a median household income of $132,130 (76% above the national median of $75,149). Home values average $725,400, which is 196% above the national median. Monthly rent at $2,014 is 73% above the US average of $1,163. Within Washington, Martha Lake's income is 46% above the state average of $90,795, and home values are 58% above the state median of $460,491.
Why Live in Martha Lake, WA?
Martha Lake offers a strong local economy with a median household income of $132,130, well above the national average, and a well-educated community where 47.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $725,400. However, Martha Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Martha Lake has a population of 22,740 with a median age of 33.9 years. Compare Martha Lake with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Martha Lake
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bonney Lake | 22,776 | $131,524 | $558,900 | 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.
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Frequently Asked Questions about Martha Lake
What is the population of Martha Lake, WA?
The population of Martha Lake, WA is 22,740 according to the latest Census data.
What is the median household income in Martha Lake?
The median household income in Martha Lake, WA is $132,130 per year.
What is the median home value in Martha Lake?
The median home value in Martha Lake, WA is $725,400.
What is the average rent in Martha Lake?
The median monthly rent in Martha Lake, WA is $2,014.
What is the unemployment rate in Martha Lake?
The unemployment rate in Martha Lake, WA is 4.5%.