Is Bonney Lake, Washington a Good Place To Live? - Living In Bonney Lake, WA

Is Bonney Lake, Washington a good place to live?
Bonney Lake is a city in Washington state in USA with a population of 21247 residents.. The poverty rate of Bonney Lake is 5.7%, which is 59% lower than national average. The typical household in Bonney Lake earns $100951 a year, compared to the national median of $67,500. Nearly 17.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Bonney Lake, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Bonney Lake remained 2.5%, which is 47% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Bonney Lake, only 26% of adults have a bachelor's degree and 42% have some college but no degree.

Cost of living in Bonney Lake is 137, which is 37% higher than national average. Median home value in Bonney Lake is $372200 , which is 62% higher than national average. While median income in Bonney Lake remained $100951, which is 50% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
21247
Unemployment
2.5%
47% NAT AVG.
Poverty
5.7%
59% NAT AVG.
Overall Score
9
Median Home Cost
$372200
62% NAT AVG.
Median Income
$100951
50% NAT AVG.
Median Rent
$1658
43% NAT AVG.
Cost Of Living
137
37% NAT AVG.
People Living BPL
1 in 18
Unemployed People
1 in 40
People Earning < $10,000
1 in 63
People Earning < $50,000
17.6%
People with <= High School
1 in 3.1
People With Any Degree
1 in 2.5
Pros & Cons Overview

Jobs90%

Housing90%

Affordability60%

Safety70%

Amenities85%

Diversity80%

Education80%

Commute30%