The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Located in the state of Washington, Bonney Lake is a mid-sized city with a population of 21,247 residents. At 85%, the majority of the Bonney Lake population is White; this is followed by 3% Asian and 1% Black. An important consideration when living in Bonney Lake is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 40 minutes, far surpassing the national average of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Bonney Lake, Washington could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like commute, health & safety, education, employment, housing, you can easily compare the best places to live in Bonney Lake and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Bonney Lake to Washington and the national average.
The livability score in Bonney Lake is 70/100 and the city is ranked in the 77th percentile of all cities across America. For each of the livability categories, we know that Bonney Lake ranks very well for crime (C+), education (A-) and housing (A+). There are some categories that Bonney Lake ranks poorly for, including: amenities (F) and cost of living (F). It might be worth taking a closer look to figure out why.
The Bonney Lake unemployment rate of 1.74% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Bonney Lake, the schools boast an impressive average test score of 70%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Bonney Lake market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Bonney Lake meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Bonney Lake. Everything else becomes a lot less important if it turns out that home prices in Bonney Lake are simply unattainable. Median real estate prices in Bonney Lake come in at $372,200, which is 38.2% higher than the Washington average. The home price to income ratio compares the median home prices to the median household income. In Bonney Lake, the home price to income ratio is 3.7, which is 14% lower than the Washington average.
Statistic | Bonney Lake | Washington | National |
Average one way commute | 40min | 27min | 26min |
Workers who drive to work | 73.8% | 72.3% | 76.4% |
Workers who carpool | 10.5% | 10.2% | 9.3% |
Workers who take public transit | 3.7% | 6.2% | 5.1% |
Workers who bicycle | 0.0% | 0.9% | 0.6% |
Workers who walk | 1.4% | 3.6% | 2.8% |
Working from home | 10.0% | 5.6% | 4.6% |