Cost of Living in Lake Stevens, WA
Population: 39,500 • 2026 Data
$118,290
Median Household Income
+53% vs national
$2,189
Median Monthly Rent
+62% vs national
$593,900
Median Home Value
+75% vs national
4.7%
Unemployment Rate
Housing in Lake Stevens
The median home value in Lake Stevens, WA is $593,900. Monthly rent for a typical unit averages $2,189, while total monthly housing costs (including utilities and insurance) average $2,305.
Rent-to-income ratio: 22.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lake Stevens, WA is $118,290. The unemployment rate stands at 4.7%, with a labor force of 20,872 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.