Home / Select Cities  /  2024 Comparing Mountlake Terrace, WA vs. Federal Way, WA

2024 Compare Cities Housing:
Mountlake Terrace, WA vs Federal Way, WA

Change Cities
Highlights
- The median age of a home in Mountlake Terrace is 28.8% older than the median age of a home in Federal Way.

Housing
 Mountlake Terrace, WAFederal Way, WAUnited States
 Median Home Age523742
 Median Home Cost$628,900$542,500$338,100
 Home Appr. Last 12 months14.8%14.8%16.6%
 Home Appr. Last 5 yrs.61.9%61.9%57.0%
 Home Appr. Last 10 yrs.167.2%167.2%101.1%
 Property Tax Rate$8.2$10.2$11.0
 Homes Owned53.7%52.1%57.4%
 Housing Vacant4.6%4.8%11.2%
 Homes Rented41.8%43.1%31.4%
 space
 Avg Rent For Home Or Apartment
 Mountlake Terrace, WAFederal Way, WAUnited States
 Average Rent$2,690$2,530$1,840
 Studio Apartment$1,690$1,590$1,080
 1 Bedroom Home or Apartment$1,740$1,630$1,180
 2 Bedroom Home or Apartment$2,030$1,910$1,430
 3 Bedroom Home or Apartment$2,730$2,560$1,860
 4 Bedroom Home or Apartment$3,190$2,990$2,160
 space1
 Vacant Housing
 Mountlake Terrace, WAFederal Way, WAUnited States
 Vacant For Rent0.0%2.3%1.9%
 Vacant Rented0.1%0.3%0.4%
 Vacant For Sale0.2%0.5%0.7%
 Vacant Sold0.8%0.1%0.4%
 Vacant Vacation0.9%0.1%3.6%
 Vacant Other2.6%1.4%4.1%
 space2
 Owner-Occupied Housing Value
 Mountlake Terrace, WAFederal Way, WAUnited States
 Less Than $20,0001.3%2.1%2.6%
 $20,000 to $39,9990.6%1.3%2.4%
 $40,000 to $59,9991.1%0.7%2.8%
 $60,000 to $79,9990.0%0.6%3.9%
 $80,000 to $99,9990.2%0.7%4.5%
 $100,000 to $149,9990.0%1.2%11.3%
 $150,000 to $199,9991.4%6.1%13.0%
 $200,000 to $299,99911.1%14.7%20.1%
 $300,000 to $399,99919.1%26.7%13.6%
 $400,000 to $499,99929.5%24.7%8.3%
 $500,000 to $749,99930.3%16.1%9.7%
 $750,000 to $999,9994.5%3.0%3.9%
 $1,000,000 to $1,499,9990.9%1.3%2.2%
 $1,500,000 to $1,999,9990.0%0.1%0.8%
 $2,000,000 and over0.0%0.6%1.1%
 space3
 Housing Units By Year Built
 Mountlake Terrace, WAFederal Way, WAUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20143.5%8.1%13.6%
 2000 to 20093.5%8.1%13.6%
 1990 to 19998.4%18.7%13.6%
 1980 to 198913.1%23.7%13.2%
 1970 to 197916.5%21.7%14.8%
 1960 to 19698.4%18.7%13.6%
 1950 to 195922.0%3.3%10.0%
 1940 to 19492.5%0.8%4.7%
 1939 or Earlier0.5%0.9%12.2%

View More Data >

Reviews for Mountlake Terrace    2 Reviews

For YOUR Information: The Now Deceased Elise Gingerich, ISN'T Who You All Thought She Was, That Used To KNOW Her, In That Mount Lake Terrace, Washington Group Care Home,  More

   |    Reply

Not much to review, just a nice little city with a great location north of Seattle that's hiding between Shoreline, WA and Lynnwood, WA. Mountlake Terrace has one of the  More

   |    Reply

Start Your Review of Mountlake Terrace

Reviews for Federal Way    14 Reviews

Over 5 years ago

A suburb of The Emerald City (Seattle, WA), Federal Way has become yet another go-to place for affluent travelers and transplants from states all over the nation. The  More

   |    Reply

I want to move my family to austin i havent bin there but we want some ware housing is affortable i have four boys age 6,3,2 and a baby of 2 months and ware theres jobs  More

   |    Reply

I have lived in Brooklyn NY, West Palm Beach & Port St Lucie, FL and now Federal Way, WA. While the cost of living here is higher than Florida, it is definitely lower  More

   |    Reply

Start Your Review of Federal Way

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Mountlake Terrace, Washington Cost of Living vs Federal Way, Washington Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN MOUNTLAKE TERRACE, WASHINGTON
98043
ZIPS IN FEDERAL WAY, WASHINGTON
98023 98003

LEARN MORE ABOUT MOUNTLAKE TERRACE, WASHINGTON
Overview
Cost of Living
Job Market
Crime
Climate
Economy
Religion
Voting

LEARN MORE ABOUT FEDERAL WAY, WASHINGTON
Overview
Cost of Living
Job Market
Crime
Climate
Economy
Religion
Voting

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now