Lake Tapps, Washington Median Income

Lake Tapps, Washington has a population of 14,118, with a median household income of $118,118.

Current median income data for Lake Tapps.

$118,118

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Population

14,118

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Median Income

$118,118

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Unemployment

2.10%

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Housing Price

$822,800

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Crime Rate

3.80

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Internet Speed

317.60 Mbps

Lake Tapps is a small local community located in Washington. The city has a population that is above the average city population in Washington, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lake Tapps, located in Washington, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lake Tapps has a population of 14,118, which is higher than the state average. This indicates a relatively larger urban presence within Washington.

Income and Economy

The median household income in Lake Tapps is $118,118, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lake Tapps average around $822,800, which is relatively high compared to other cities in Washington.

Employment and Safety

The unemployment rate in Lake Tapps is 2.10%, which is lower than the state average, indicating a relatively strong job market. Lake Tapps has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Washington, Lake Tapps shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Washington, Lake Tapps contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lake Tapps

What is the population of Lake Tapps?

The population of Lake Tapps is approximately 14,118.

Is Lake Tapps a good place to live?

Lake Tapps offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lake Tapps?

The median household income in Lake Tapps is around $118,118.

How expensive is housing in Lake Tapps?

The average housing price in Lake Tapps is approximately $822,800.