Housing costs in Mountlake Terrace?
A typical home costs
$615,800, which is 82.1% more expensive than the national average of
$338,100 and 15.2% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Mountlake Terrace costs
$2,070 per month, which is 19.7% more than the national average of
$1,730 and close to the state average of
$2,070.
Can I afford Mountlake Terrace?
To live comfortably in Mountlake Terrace (zip 98043), Washington, a minimum annual income of
$118,080 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about Mountlake Terrace?
The cost of living in 98043 Mountlake Terrace, WA is fairly moderate. The area has many affordable housing options and the median home value is around $354,000. The median household income is also very good at $67,936 and unemployment rate is only 3.3%. Overall, the cost of living in this part of Washington state is quite reasonable for anyone looking to relocate or live in an area with plenty of amenities.