Bonney Lake is a medium-sized city located in the state of Washington. With a population of 22,835 people and ten associated neighborhoods, Bonney Lake is the 51st largest community in Washington. Much of the housing stock in Bonney Lake was built relatively recently. The construction of new real estate can often be taken as an indication that the local Bonney Lake economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Bonney Lake, where the median household income is $131,524.00.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.40% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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, however, is that residents on average have to contend with a long commute, spending on average 33.80 minutes every day commuting to work.

The education level of Bonney Lake citizens is substantially higher than the typical US community, as 29.61% of adults in Bonney Lake have at least a bachelor's degree.

The per capita income in Bonney Lake in 2022 was $51,539, which is wealthy relative to Washington and the nation. This equates to an annual income of $206,156 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. Bonney Lake also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.06% of the city’s residents. Important ancestries of people in Bonney Lake include German, English, Irish, Italian, and Norwegian.

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