Why Live in Bonney Lake
Bonney Lake in Lake Tapps, Washington, offers a tranquil lakefront lifestyle with stunning views of Mount Rainier. This city, home to about 20,000 residents, spans eight square miles of land and one mile of water, located 20 miles east of Tacoma and an hour south of Seattle. The neighborhood features large lots and ample space between homes, contributing to its peaceful ambiance. Fishing enthusiasts will appreciate the regularly stocked rainbow trout in the small, motor-free lake, while boaters can head to nearby Lake Tapps, just two miles away, for boating and swimming. The Sumner-Bonney Lake School District serves the area, with Bonney Lake Elementary and Lakeridge Middle School both receiving high ratings. Bonney Lake High School is also highly regarded, offering advanced placement courses. Local parks such as Allan Yorke City Park and Victor Falls City Park provide playgrounds, walking trails, and scenic views, including a 70-foot waterfall. Indoor activities include Lake Tapps Pilates and shopping at Carrie Jayne Clothing and Consignment Boutique. Dining options feature Sumalee’s Thai Cuisine and Glow Martini Lounge, while Big Smiles Bakery caters to those with a sweet tooth. Essential shopping is convenient with Fred Meyer, Home Depot, Target, and Costco nearby. The neighborhood's homes range from quaint waterfront cabins to expansive family homes, all within a short drive to the lake. Bonney Lake's low crime risk compared to the national average adds to its appeal, making it a desirable place for those seeking a serene and picturesque community.
Frequently Asked Questions
Is Bonney Lake a good place to live?
Bonney Lake is a good place to live, receiving 3.8 stars from its residents. Bonney Lake is considered very car-dependent and somewhat bikeable. Bonney Lake has 11 parks for recreational activities. It is fairly sparse in population with 4.6 people per acre and a median age of 39. The average household income is $131,863 which is above the national average. College graduates make up 27.7% of residents. A majority of residents in Bonney Lake are home owners, with 19% of residents renting and 81% of residents owning their home. A
local real estate agent serving Bonney Lake can help you decide if this neighborhood is the right one for you. Learn more on our
Bonney Lake neighborhood guide.
Is Bonney Lake, WA a safe neighborhood?
Bonney Lake, WA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Bonney Lake?
The median home price in Bonney Lake is $674,950. If you put a 20% down payment of $135,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $3,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $150K a year to afford the median home price in Bonney Lake. The average household income in Bonney Lake is $132K.
What are the best public schools in Bonney Lake?
The best public schools that serve Bonney Lake are:
What are the best private schools in Bonney Lake?
The best private schools that serve Bonney Lake are:
What are the most popular zip codes in Bonney Lake, Lake Tapps, WA?
What are the most popular neighborhoods near Bonney Lake, Lake Tapps, WA?
Home Trends in Bonney Lake, WA
On average, homes in Bonney Lake, Lake Tapps sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Bonney Lake, Lake Tapps over the last 12 months is $639,950, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$639,950
Median Single Family Sale Price
$665,000
Median Townhouse Sale Price
$459,950
Median 2 Bedroom Sale Price
$374,975
Average Price Per Sq Ft
$344
Number of Homes for Sale
58
Last 12 months Home Sales
224
Median List Price
$674,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
