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CITY · 2020 ACS

Three Lakes

Washington · 3,941 residents · 11.668 sq mi
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The short version

Three Lakes is significantly wealthier than the US average, with a median household income of $122,073. The city has grown rapidly, with population up 58% since 2000. Median home value has more than doubled since 2000, reaching $512,100. Poverty is rare here, at 4.5% of residents. Households here earn about 59% more than the Washington median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 43.4
US median: 38.8
Average education
33% hold a bachelor's degree
US average: 33%
Less affordable
home values up 59%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,941
+58%since 2000
from 2,492 in 2000
2000 – 2024
Population density
338 / sq mi
+58%since 2000
from 214 / sq mi in 2000
US average: 280
Median age
43.4
+11%since 2000
from 39.2 in 2000
US average: 38.8
Population, 2000 – 2024
2K3K3K4K4K2000201020202024Three Lakes
20244K
2000201020202024
Section 02

Income & economy

Median household income
$122,073
+14%inflation adjusted, since 2000
from $71,080 in 2000
US average: $66,278
2000 – 2024
Per capita income
$45,935
+66%since 2000
from $27,681 in 2000
US average: $35,364
Households earning $100K+
77.5%
+19.3 ptssince 2009
from 58.2% in 2009
US average: 43.9%
Poverty rate
4.5%
+1.5 ptssince 2000
from 3.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade17.1%
US avg: 10%
Wholesale trade11.3%
US avg: 6.7%
Information10.3%
US avg: 11.1%
Finance & insurance4.3%
US avg: 5.5%
Transportation & warehousing3.5%
US avg: 2.5%
Professional, scientific, technical3.2%
US avg: 4.7%
Arts, entertainment, food2.9%
US avg: 2%
Education & health services1.1%
US avg: 0.8%
Other services0.5%
US avg: 6.6%
Public administration0.5%
US avg: 4.7%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Manufacturing0.3%
US avg: 0.5%
Construction0%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$512,100
+59%inflation adjusted, since 2000
from $214,000 in 2000
US average: $265,253
2000 – 2024
Median gross rent
$1,420
+33%inflation adjusted, since 2000
from $710 in 2000
US average: $1,124
Owner-occupied
94.5%
+5.0 ptssince 2000
from 89.5% in 2000
5.5% rent
Afford Score
4.2
+39%since 2000
from 3.0 in 2000
2000 – 2024
RELATED:See current rent listings in Three Lakes on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.8%(2,362)
Black0.1%(2)
Hispanic / Latino1.8%(46)
Asian0.4%(9)
Other0%
Diversity Score5.8%(144)
2020
White, non-Hispanic85.1%(3,352)
Black0.4%(17)
Hispanic / Latino6%(236)
Asian1.8%(71)
Other1.3%(52)
Diversity Score23.4%(921)
Diversity Score
23
+305%since 2000
from 6 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
33.3%
+11.1 ptssince 2000
from 22.2% in 2000
US average: 32.9%
High school or higher
93.0%
+2.6 ptssince 2000
from 90.4% in 2000
US average: 88.5%
Graduate degree
9.2%
+4.2 ptssince 2000
from 5.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
37.3 min
+18%since 2000
from 31.7 min in 2000
US average: 26.9
Drive alone to work
77.3%
+1.5 ptssince 2009
from 75.8% in 2009
US average: 75.1%
No vehicle available
0.0%
−0.9 ptssince 2009
from 0.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.2%
−4.5 ptssince 2011
from 8.7% in 2011
US average: 5.4%
Labor force participation
66.2%
+0.6 ptssince 2011
from 65.6% in 2011
US average: 63.4%
Management & professional
45.2%
−23.6 ptssince 2009
from 68.8% in 2009
US average: 39.3%
Section 08

People & community

Male
47.8%
−4.7 ptssince 2009
from 52.5% in 2009
Female
52.2%
+4.7 ptssince 2009
from 47.5% in 2009
Foreign born
5.7%
+2.7 ptssince 2009
from 3.0% in 2009
US average: 13.5%
Uninsured
2.0%
−92.9 ptssince 2013
from 94.9% in 2013
US average: 8.8%
Drill deeper

Places similar to Three Lakes

Indian River Shores
Pop 4,467
Lake Clarke Shores
Pop 3,597
Oakland
Pop 3,774
Highland Beach
Pop 4,328
Places similar to Three Lakes
Head to head

Compare Three Lakes to nearby cities

THREE LAKES VS
Snohomish
Income$87,250−29%
Home value$683,900+34%
Population10,719+164%
SEE FULL COMPARISON →
THREE LAKES VS
Lake Stevens
Income$122,336same
Home value$635,600+24%
Population42,091+938%
SEE FULL COMPARISON →
THREE LAKES VS
Monroe
Income$110,461−10%
Home value$668,400+31%
Population20,025+394%
SEE FULL COMPARISON →
THREE LAKES VS
Everett
Income$83,512−32%
Home value$565,300+10%
Population113,567+2701%
SEE FULL COMPARISON →
Frequently asked

How many people live in Three Lakes, Washington?

Three Lakes, Washington has about 3,941 residents according to the 2020 American Community Survey.

What is the median household income in Three Lakes, Washington?

The typical household in Three Lakes, Washington earns about $122,073 a year. Half of households make more than that, and half make less.

Is Three Lakes, Washington expensive?

In Three Lakes, Washington, the median home is worth about $512,100, and the typical rent is about $1,420 a month.

How educated are people in Three Lakes, Washington?

About 33.3% of adults age 25 and over in Three Lakes, Washington hold a bachelor's degree or higher.

What is the poverty rate in Three Lakes, Washington?

About 4.5% of people in Three Lakes, Washington live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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