HomeWashingtonSnohomish CountyLake Stevens
Lake Stevens, Washington: commercial real estate data.
Lake Stevens is a Census city of 40,253 people across 10.16 square miles of land, in Snohomish County. Median household income is $122,336, 75.6 percent of occupied homes are owned, and the SBA record carries 47 7(a) approvals to borrowers here worth $25.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake Stevens
What Lake Stevens is
- Census place typecity
- Land area10.16 sq mi
- Water area1.56 sq mi
- Population per square mile of land3,962
- County holding the largest share of its areaSnohomish County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Stevens
How many people live in Lake Stevens
- Population40,253
- Median age34.7
- Population under 1811,712
- Share under 1829.1 percent
- Population 65 and over3,450
- Share 65 and over8.6 percent
- Households13,773
- Family households10,745
- Share of households that are families78.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Stevens
Income and work in Lake Stevens
- Median household income$122,336
- Per capita income$49,103
- Civilian labor force20,983
- Employed19,978
- Unemployed1,005 plus or minus 281
- Unemployment rate4.8 percent plus or minus 1.3
- Adults 25 and over26,260
- Adults 25 and over with a high school diploma or higher94.0 percent
- Adults 25 and over with a bachelor degree or higher35.0 percent
- Adults 25 and over with a graduate degree11.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Stevens
Housing in Lake Stevens
- Housing units14,272
- Occupied units13,773
- Vacant units499 plus or minus 203
- Vacancy rate3.5 percent plus or minus 1.4
- Owner occupied10,412
- Renter occupied3,361
- Ownership rate75.6 percent
- Median owner-occupied home value$635,600
- Median gross rent, monthly$2,224
- Annual rent as a share of median income21.8 percent
- Single family units12,509
- Share single family87.6 percent
- Units in buildings of two or more1,440 plus or minus 331
- Share in buildings of two or more10.1 percent plus or minus 2.3
- Mobile homes323 plus or minus 108
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Stevens
How Lake Stevens gets to work
- Workers 16 and over who commute15,451
- Commuting under 15 minutes2,216
- Share commuting under 15 minutes14.3 percent
- Commuting 30 minutes or more8,140
- Share commuting 30 minutes or more52.7 percent
- Drove alone66.2 percent
- Carpooled8.5 percent plus or minus 2.0
- Public transport2.2 percent plus or minus 0.7
- Walked1.3 percent plus or minus 0.8
- Worked from home21.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Stevens
SBA loans in Lake Stevens (7(a))
- Approvals47
- Gross approval$25,011,500
- Average approval$532,160
- Median approval$200,000
- Ninetieth percentile approval$1,371,100
- Largest approval$5,000,000
- Jobs supported409
- Jobs per approval8.7
- Loans with a final outcome11
- Paid in full11
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.8 percent
- Share to franchises10.6 percent
- Distinct lenders24
- Distinct industries by NAICS34
Counted by borrower city: approvals to borrowers whose address is in Lake Stevens, in any county, FY2020 to FY2026. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Stevens
SBA loans in Lake Stevens (504)
- Approvals7
- Gross approval$6,865,000
- Average approval$980,714
- Median approval$548,000
- Largest approval$2,775,000
- Jobs supported70
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Lake Stevens, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Stevens
Flood risk in Lake Stevens
- NFIP communityCity of Lake Stevens
- NFIP community number530291
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/19/20
The City of Lake Stevens participates in the National Flood Insurance Program as community 530291 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Snohomish County, not Lake Stevens
Snohomish County context, not Lake Stevens figures
- Establishments in Snohomish County20,258
- Covered employment, Snohomish County297,617
- Average annual pay, Snohomish County$79,940
- Housing units permitted, Snohomish County4,149
Every figure in this section is published for Snohomish County as a whole and is not a measurement of Lake Stevens.
All Snohomish County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake Stevens questions, answered from the record.
How many people live in Lake Stevens, Washington?
40,253, in 13,773 households. Lake Stevens city covers 10.16 square miles of land, which is 3,962 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Stevens in?
Snohomish County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Stevens?
$122,336. The median owner-occupied home is valued at $635,600. Median gross rent is $2,224 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Stevens businesses?
47 7(a) approvals totaling $25.0 m since FY2020, across 24 lenders, median approval $200,000, plus 7 504 approvals worth $6.9 m since FY2010. These count approvals to borrowers whose address is in Lake Stevens, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Stevens borrowers get paid back?
No rate is published for Lake Stevens. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lake Stevens in the National Flood Insurance Program?
Yes. Lake Stevens appears in the FEMA Community Status Book as Lake Stevens, city of, community 530291, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake Stevens figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Snohomish County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Stevens.
Is zoning published for Lake Stevens?
No. Nothing on this page presents parcel level zoning.