Mountlake Terrace is a medium-sized city located in the state of Washington. The city has a population of 20,747 people. With a population density of 5,091 people per square mile, Mountlake Terrace is well above the nation's average density level. According to the most recent Census, 72% of Mountlake Terrace residents are White, 12% Asian and 5% Black.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Mountlake Terrace could be a positive experience compared to other cities in Washington if you know where to look. Finding the best places to live in Mountlake Terrace and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, education, employment, housing and other important metrics.
Using data and statistics Mountlake Terrace has received a livability score of 75/100. This score is ranked in the 82nd percentile when compared to all other cities. Based on this score, Mountlake Terrace would be considered a very livable city! Based on the rankings for each individual category, Mountlake Terrace has received high marks for amenities (A+), crime (B+) and education (B). Mountlake Terrace does not fare well for the following: cost of living (F). It might be a smart idea to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Mountlake Terrace on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Mountlake Terrace has a violent crime rate of 196 crimes per 100,000 residents which is far lower than the national average.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Mountlake Terrace. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Mountlake Terrace are affordable. Median real estate prices in Mountlake Terrace come in at $274,900, which is 2.1% higher than the Washington average. The home price to income ratio compares the median home prices to the median household income. In Mountlake Terrace, the home price to income ratio is 4.1, which is 4.7% lower than the Washington average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Mountlake Terrace will offer some insight into determining if your home purchase will be a solid investment for years to come. In Mountlake Terrace, the year-over-year appreciation rates were 9.9%, and the 5 year appreciation rates came in at 15.9%.
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