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.

Telecommuters are a relatively large percentage of the workforce: 15.61% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

Bonney Lake is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Bonney Lake’s overall crime rate is lower than average for the country.

One downside of living in Bonney Lake is that it can take a long time to commute to work. In Bonney Lake, the average commute to work is 32.41 minutes, which is quite a bit higher than the national average.

The education level of Bonney Lake citizens is substantially higher than the typical US community, as 30.16% of adults in Bonney Lake have at least a bachelor's 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.