Mountlake Terrace, WA · standard
ZIP Code 98043
Snohomish County, Washington - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 19,943
- 1,883/sq mi High-density area
- $107,687
- Median income Above-median income area
- $667,100
- Median home value Above-median home value
- 42.9%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Mountlake Terrace pairs an upper-quartile household income with top-decile home values, in a low-density, mixed-tenure area.
- Top 15%
- household income, US ZIPs
- Top 7%
- home value, US ZIPs
- 1,883
- people per sq mi
- 57%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 98043 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 98043 (Mountlake Terrace, WA) rose +7.8% from 2023 to 2024. The all-transactions index moved from 353.8 in 2023 to 381.5 in 2024 (2000 = 100).
ZIP code 98043 is a mid-sized community (a standard USPS delivery area) in Mountlake Terrace, Snohomish County, Washington, home to 19,943 residents across 10.6 square miles, a density of 1,883 people per square mile, in the Los Angeles time zone.
ZIP 98043 lands in the middle-income range, with a median household income of $107,687 (18% above the average Washington ZIP), while per-capita income is $59,449. The poverty rate is 7.0%, with unemployment at 4.2%; those measures add context to the income figure. Median home value is $667,100 (31% above the average Washington ZIP) and median rent is $2,004; 56.8% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 42.9% of adults hold a bachelor's degree or higher, the median age is 38.3, and the average commute is 28 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Snohomish County, so 98043 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 98043
Top 5 sectors by establishment count in Mountlake Terrace, WA
Which industries have the most business establishments in ZIP 98043.
- Construction
Construction
86 establishments
- Health care and social assistance
Health care and social assistance
78 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
57 establishments
- Other services (except public administration)
Other services (except public administration)
48 establishments
- Retail trade
Retail trade
40 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 98043, Mountlake Terrace, WA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
19,943
Population
10.6
Area (sq mi)
1,883
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 98043?
38.3
Median Age
49.5%
Male
50.5%
Female
18.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$107,687
Median Household Income
+18% vs state ZIP avg
$59,449
Per Capita Income
7.0%
Poverty Rate
4.2%
Unemployment Rate
27.9 min
Mean Commute Time
How ZIP 98043 ranks among Washington ZIPs
Mountlake Terrace, WA household income vs. every Washington ZIP code
Median household income among 547 reporting Washington ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$107,687 Top 22% higher than 78% of 547 Washington ZIPs
Each bar is a $20K-wide band; taller bars hold more Washington ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
10,198housing units
10,198
Total Housing Units
9,843
Occupied Units
355
Vacant Units
2.33
Avg Household Size
Occupancy Type
$667,100
Median Home Value
+31% vs state ZIP avg
$2,004
Median Rent
1973
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+7.8%
YoY Change (2024)
381
HPI Index (2000 = 100)
+281%
Total Change Since 2000
Home values in ZIP 98043 have increased 7.8% over the past year (2024). Since 2000, this ZIP has seen +281% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.8% | 268 |
| 2021 | +15.3% | 308 |
| 2022 | +17.8% | 363 |
| 2023 | -2.6% | 354 |
| 2024 | +7.8% | 381 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 472 business establishments in ZIP 98043, employing approximately 9,070 people with a combined annual payroll of $673,000,000.
472
Businesses
9,070
Employees
$673.0M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 86 | 18.2% |
| Health care and social assistance | 78 | 16.5% |
| Professional, scientific, and technical services | 57 | 12.1% |
| Other services (except public administration) | 48 | 10.2% |
| Retail trade | 40 | 8.5% |
| Accommodation and food services | 31 | 6.6% |
| Finance and insurance | 24 | 5.1% |
| Administrative and support and waste management and remediation services | 24 | 5.1% |
| Wholesale trade | 18 | 3.8% |
| Manufacturing | 13 | 2.8% |
| Real estate and rental and leasing | 12 | 2.5% |
| Arts, entertainment, and recreation | 12 | 2.5% |
| Transportation and warehousing | 11 | 2.3% |
| Educational services | 9 | 1.9% |
| Information | 7 | 1.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 98043 vs 98155 →
ZIP 98043 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98133
Seattle (98133)
44,555 residents
- 98125
Seattle (98125)
37,081 residents
- 98036
Lynnwood (98036)
36,000 residents
- 98026
Edmonds (98026)
35,921 residents
- 98155
Seattle (98155)
32,778 residents
- 98087
Lynnwood (98087)
29,976 residents
- 98037
Lynnwood (98037)
26,889 residents
- 98021
Bothell (98021)
26,722 residents
- 98028
Kenmore (98028)
20,419 residents
What this shows Among its immediate neighbors, ZIP 98043 ranks #0 by population - useful context the national average alone can't give.
ZIP 98043 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98021
Bothell (98021)
$183,786 median income
- 98028
Kenmore (98028)
$139,764 median income
- 98026
Edmonds (98026)
$133,638 median income
- 98155
Seattle (98155)
$131,540 median income
- 98020
Edmonds (98020)
$130,319 median income
- 98043
Mountlake Terrace (98043)
$107,687 median income
- 98037
Lynnwood (98037)
$107,281 median income
- 98087
Lynnwood (98087)
$106,693 median income
- 98125
Seattle (98125)
$99,868 median income
What this shows By household income, ZIP 98043 ranks #6 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 98155 | Seattle, WA | 32,778 | 2.5 mi |
| 98036 | Lynnwood, WA | 36,000 | 1.8 mi |
| 98026 | Edmonds, WA | 35,921 | 3.2 mi |
| 98037 | Lynnwood, WA | 26,889 | 3.4 mi |
| 98020 | Edmonds, WA | 18,304 | 3.1 mi |
| 98125 | Seattle, WA | 37,081 | 5.2 mi |
| 98133 | Seattle, WA | 44,555 | 4.0 mi |
| 98028 | Kenmore, WA | 20,419 | 3.8 mi |
| 98021 | Bothell, WA | 26,722 | 4.6 mi |
| 98087 | Lynnwood, WA | 29,976 | 5.3 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 98043, both outside WA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (19,943 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Snohomish County
Related Areas
Frequently Asked Questions
What county is ZIP code 98043 in?
ZIP code 98043 (Mountlake Terrace) is located in Snohomish County, Washington. Snohomish County contains multiple ZIP codes, see the full list at /counties/snohomish-wa.
What is the population of ZIP code 98043?
ZIP code 98043 in Mountlake Terrace, WA has a population of 19,943 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 98043?
The median household income in ZIP 98043 is $107,687, which is 41% above the national average of $76,288.
What is the average home value in ZIP 98043?
The median home value in ZIP 98043 is $667,100, which is 140% above the national average of $278,155.
What is the demographic makeup of ZIP 98043?
The largest racial group in ZIP 98043 is White at 61.4%. Hispanic or Latino residents make up 15.3% of the population.
How many businesses are in ZIP code 98043?
ZIP code 98043 has 472 business establishments employing approximately 9,070 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 98043?
The top industries by establishment count in ZIP 98043 are: Construction (86), Health care and social assistance (78), Professional, scientific, and technical services (57). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 98043?
According to the FHFA House Price Index, home values in ZIP 98043 increased by 7.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 281%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 98043?
In ZIP code 98043, 64.5% of residents aged 25+ have a high school diploma or higher, and 42.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 98043?
The mean commute time for workers in ZIP code 98043 is 27.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 98043?
In ZIP code 98043, approximately 56.8% of occupied housing units are owner-occupied and 43.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 98043?
The poverty rate in ZIP code 98043 is 7.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 98043's numbers, next.
- See how ZIP 98043 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Mountlake Terrace, WA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.