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Mountlake Terrace, WA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
136
Very Expensive
Median Home Value
$606,100
National: $426,735
Median Rent
$1,966/mo
National: $1,527/mo
Household Income
$101,404
National: $84,532
Population
21,419
Purchasing Power
88
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
142 / 100
100 = national average
Rent Index
129 / 100
Overall Index
136
Very Expensive

Mountlake Terrace Mortgage Calculator

Pre-filled with the local median home value of $606,100 and Washington's property tax rate of 0.98%.

Salary & Purchasing Power

Median household income is $101,404 20% above the national average.

What $101,404 in Mountlake Terrace Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$112,588+11%
Los Angeles, CA$126,755+25%
Chicago, IL$60,395-40%
Houston, TX$52,939-48%

Property Tax in Mountlake Terrace, WA

Est. Annual Property Tax
$5,940
Monthly Impact
$495
Added to your mortgage
Effective Rate
0.98%
National avg: ~1.00%

Washington Tax Overview

Tax TypeWashingtonNational Avg
Property Tax Rate0.98%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax9.23%~5.0%

Compare Mountlake Terrace to Another City

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Cost of Living Comparison

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Mountlake Terrace, WA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Mountlake Terrace, WA: 142
Rent Prices
129
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR