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
- $107,687
- Median income
- $667,100
- Median home value
- 42.9%
- Bachelor's or higher
The verdict
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.
ZIP code 98043 is classified by USPS as a standard delivery area and covers roughly 10.6 square miles in Mountlake Terrace, Snohomish County, Washington. The area is home to 19,943 residents, producing a population density of 1,883 people per square mile, and falls within the Los Angeles time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 98043 against Washington and the nation.
On the economic side, the median household income for ZIP 98043 sits at $107,687 (18% above the Washington average), while per-capita income is $59,449. The poverty rate stands at 7.0% and the unemployment rate at 4.2%. On housing, the median home value is $667,100 (31% above the state average) with median rent at $2,004 per month, and 56.8% of occupied units are owner-occupied, a direct signal of whether 98043 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 42.9% of adults hold a bachelor's degree or higher, the median age is 38.3, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Snohomish County, so you can benchmark 98043 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 98043
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$59,449
Per Capita Income
7.0%
Poverty Rate
4.2%
Unemployment Rate
27.9 min
Mean Commute Time
How ZIP 98043 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$107,687 Top 15% higher than 85% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US 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?
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
$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 |
More ZIP Codes in Snohomish County
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Frequently Asked Questions
What county is ZIP code 98043 in? ▼
What is the population of ZIP code 98043? ▼
What is the median household income in ZIP 98043? ▼
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What is the demographic makeup of ZIP 98043? ▼
How many businesses are in ZIP code 98043? ▼
What are the main industries in ZIP code 98043? ▼
How have home values changed in ZIP code 98043? ▼
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What percentage of residents own vs. rent in ZIP 98043? ▼
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ZIP Code Research Guides
Official Data Resources for Mountlake Terrace, WA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.