Martha Lake, Washington Income Statistics
Martha Lake Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A
Martha Lake Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Martha Lake | Washington Avg | US Average |
|---|---|---|---|
| Median Household Income | $131,308 | $98,224 | $80,455 |
| Median Personal Income | $85,287 | $73,370 | $60,758 |
| Average Yearly Income Growth | 6.2% | 5.6% | 4.8% |
| Six-Figure Earners | 27.2% | 19.3% | 13.9% |
| $200k+ Households | 27.4% | 18.5% | 13.2% |
The median household income in Martha Lake is about 34% higher than in Washington. Income has been growing faster in Martha Lake (6.2%/yr) than in Washington (5.6%/yr).
About 27% of adults in Martha Lake earn six figures ($100,000 or more) a year, higher than the Washington average of 19%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Martha Lake, Washington grew by 69.5% from 2009 to 2024, reaching $131,308 in 2024. That's an average of about 6.2% per year.
Income Inequality and the Gender Pay Gap in Martha Lake
| Metric | Martha Lake | Washington Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.503 | 0.534 | 0.552 |
| Male Median Income | $99,541 | $86,137 | $69,667 |
| Female Median Income | $76,005 | $68,506 | $56,850 |
| Gender Pay Gap | 23.6% | 20.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Martha Lake, it is 0.503, lower than Washington's 0.534, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 31% more than women's income in Martha Lake, Washington. Over a 35-year career, a 31% wage gap accumulates to roughly $823,760 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Martha Lake, Washington has narrowed from about 36% to 24% in 2024. Over that period the gap was widest at 40% in 2011, and was narrowest at 20% in 2022. In dollar terms, the gap has widened by $612 since 2009.
Employment
| Metric | Martha Lake | Washington Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 5.0% | 5.2% |
| Working from Home | 27.0% | 19.8% | 15.0% |
| Commute time (minutes) | 30 | 22 | 22 |
Approximately 409 people are unemployed in Martha Lake, Washington.
The average commute time in Martha Lake is 30 minutes, longer than the 22 minutes in Washington.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Martha Lake, Washington has fallen from 8.4% to 3.3% in 2024. Over that period the rate peaked at 9.3% in 2013.
Martha Lake, WA Wealth Compared With Nearby Cities
How Martha Lake, WA compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Martha Lake, WA | 20,947 | $131,308 #1/3 | 6.2%/yr #1/3 | 3.3% #1/3 | 0.503 #2/3 |
| Mill Creek, WA | 22,980 | $130,559 | 4.5%/yr | 4.0% | 0.515 |
| North Lynnwood, WA | 23,579 | $101,654 | 6.0%/yr | 4.7% | 0.502 |
Conclusion
Considering all these factors, Martha Lake, Washington has an overall wealth index grade of A, making it somewhat better than Washington, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Martha Lake, Washington.
How Rich Is Martha Lake, Washington?
Martha Lake has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $131,308, about 34% higher than the Washington average of $98,224.
How has median household income changed in Martha Lake, Washington?
Between 2009 and 2024, the median household income in Martha Lake, Washington rose 70%, from $77,454 to $131,308. Over the same years, income here lagged behind Washington as a whole: +70% against +73%.
What was the median household income in Martha Lake in 2023?
In 2023, the median household income in Martha Lake, Washington was $130,983, up 3% from $127,580 in 2022. The Washington median that year was $95,216.
What was the median household income in Martha Lake in 2020?
In 2020, the median household income in Martha Lake, Washington was $107,259. By 2024 it had risen 22% to $131,308.
Do many residents of Martha Lake, Washington earn over $100,000?
Yes. 27% of adults in Martha Lake, Washington earn $100,000 or more a year (about 1 in 4), against 19% (about 1 in 5) in Washington. 27% of households have a combined income of $200,000 or more, compared with 18% in Washington.
Is unemployment high in Martha Lake, Washington?
Unemployment in Martha Lake, Washington is only 3.3%, well below the Washington rate of 5.0%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Martha Lake, Washington?
The Gini coefficient in Martha Lake is 0.503. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Martha Lake, Washington?
Since 2009, the income gap between men and women in Martha Lake, Washington has narrowed from about 36% to 24% in 2024. Over that period the gap was widest at 40% in 2011, and was narrowest at 20% in 2022. In dollar terms, the gap has widened by $612 since 2009.
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