Bonney Lake is a medium-sized city located in the state of Washington. With a population of 22,145 people and ten associated neighborhoods, Bonney Lake is the 51st largest community in Washington. Bonney Lake has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Bonney Lake, where the median household income is $136,845.00.

Bonney Lake home prices are not only among the most expensive in Washington, but Bonney Lake real estate also consistently ranks among the most expensive in America.

Also of interest is that Bonney Lake has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Bonney Lake telecommute to their jobs. Overall, about 15.61% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Bonney Lake is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Bonney Lake really has some of the features that families look for when choosing a good community to raise children. Is Bonney Lake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Bonney Lake, however, is that residents on average have to contend with a long commute, spending on average 32.41 minutes every day commuting to work.

In terms of college education, Bonney Lake is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 30.16% of adults in Bonney Lake have a college degree.

The per capita income in Bonney Lake in 2022 was $51,573, which is upper middle income relative to Washington, and wealthy relative to the rest of the US. This equates to an annual income of $206,292 for a family of four.

Bonney Lake is a very ethnically-diverse city. The people who call Bonney Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Bonney Lake residents report their race to be White, followed by Asian. Important ancestries of people in Bonney Lake include German, English, Irish, Norwegian, and Italian.

The most common language spoken in Bonney Lake is English. Other important languages spoken here include Spanish and Pacific Island languages.