Mountlake Terrace is a medium-sized city located in the state of Washington. With a population of 21,543 people and five associated neighborhoods, Mountlake Terrace is the 54th largest community in Washington.

Housing costs in Mountlake Terrace are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Washington.

Also of interest is that Mountlake Terrace has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.01% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in Mountlake Terrace, however, is that residents on average have to contend with a long commute, spending on average 31.41 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

Like elsewhere in America, most people in Mountlake Terrace use a private automobile to get to work. But notably, a substantial number of Mountlake Terrace‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.

The education level of Mountlake Terrace ranks among the highest in the nation. Of the 25-and-older adult population in Mountlake Terrace, 41.26% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Mountlake Terrace in 2018 was $50,480, which is wealthy relative to Washington and the nation. This equates to an annual income of $201,920 for a family of four. However, Mountlake Terrace contains both very wealthy and poor people as well.

Mountlake Terrace is an extremely ethnically-diverse city. The people who call Mountlake Terrace home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Mountlake Terrace residents report their race to be White, followed by Asian. Mountlake Terrace also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.68% of the city’s residents. Important ancestries of people in Mountlake Terrace include German, English, Irish, Norwegian, and European.

Mountlake Terrace also has a high percentage of its population that was born in another country: 18.26%.

The most common language spoken in Mountlake Terrace is English. Other important languages spoken here include Spanish and African languages.