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Advertise here →Bonney Lake, WA · Market Data
Bonney Lake, Washington real estate market data.
Real estate market data for Bonney Lake, WA (Pierce County) — Census median home value $558,900, county listing prices roughly flat over the past year.
Bonney Lake, WA is in Pierce County, Washington — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 22,776, with a median household income of $131,524. Census data puts Bonney Lake's median home value at $558,900 (all owner-occupied homes); Pierce County's current median listing price runs $652,450, roughly flat over the past year.
At a glance
Bonney Lake market snapshot
Population
22,776
Median Household Income
$131,524
Median Home Value (city)
$558,900
Median Listing Price (Pierce County)
$652,450
Median Gross Rent
$2,212/mo
Price Trend (YoY)
-0.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Bonney Lake different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Bonney Lake's median home value — across all owner-occupied homes, not just recent sales — at $558,900. Separately, Pierce County's current median listing price (via Realtor.com data, 2026-06-01) runs $652,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Pierce County's FHFA house price index shows a 2.89% annual change in 2025.
Population & Income
Bonney Lake has an estimated population of 22,776 and a median household income of $131,524, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Bonney Lake's Census-reported median home value works out to about 4.2x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Bonney Lake FAQ
What are home values like in Bonney Lake, WA?
The Census Bureau's American Community Survey puts Bonney Lake's median home value at $558,900. Pierce County's current median listing price runs $652,450, roughly flat over the past year.
What is the population of Bonney Lake, WA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Bonney Lake's population at approximately 22,776.
What's the median rent in Bonney Lake, WA?
The Census ACS estimates median gross rent in Bonney Lake at approximately $2,212 per month.
What is the median household income in Bonney Lake, WA?
Census ACS data puts the median household income in Bonney Lake at approximately $131,524.
Is the Bonney Lake housing market growing?
Pierce County's FHFA house price index shows a 2.89% annual change in 2025.
Is Bonney Lake, WA affordable relative to income?
Census ACS data puts Bonney Lake's median home value at about 4.2 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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