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

Is Cottage Lake, Washington a good place to live?
Cottage Lake is a city in Washington state in USA with a population of 23239 residents.. The poverty rate of Cottage Lake is 2.2%, which is 84% lower than national average. The typical household in Cottage Lake earns $162521 a year, compared to the national median of $67,500. Nearly 10.9% 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 Cottage Lake, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cottage Lake remained 3.8%, which is 19% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cottage Lake, only 64% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Cottage Lake is 175, which is 75% higher than national average. Median home value in Cottage Lake is $847700 , which is 269% higher than national average. While median income in Cottage Lake remained $162521, which is 141% 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
23239
Unemployment
3.8%
19% NAT AVG.
Poverty
2.2%
84% NAT AVG.
Overall Score
7
Median Home Cost
$847700
269% NAT AVG.
Median Income
$162521
141% NAT AVG.
Median Rent
$2054
77% NAT AVG.
Cost Of Living
175
75% NAT AVG.
People Living BPL
1 in 45
Unemployed People
1 in 26
People Earning < $10,000
1 in 100
People Earning < $50,000
10.9%
People with <= High School
1 in 7.1
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs90%

Housing100%

Affordability70%

Safety80%

Amenities80%

Diversity80%

Education95%

Commute50%