Ranked as the 15th best suburb to raise a family in Washington’s Pierce County, Bonney Lake is a city with charming rural characteristics. Located just 37 miles from the bustling city of Seattle, Bonney Lake plays home to an outstanding array of outdoor recreational facilities as well as excellent schools and colleges.
What is the community of Bonney Lake like?
Located on the shores of the 4.5-mile-long Lake Tapps, Bonney Lake is a community comprising 19,560 residents. Encompassing Lake Bonney and Lake Debra, Bonney Lake is known for being an outdoorsman's paradise with lush parks, top-notch hiking trails, and myriad exciting activities at Lake Tapps. Given its enticing attractions, it is no surprise that the population of Bonney Lake has doubled since 2000, and it continues to attract new residents every year.The prime outdoor recreation in Bonney Lake is the Allan Yorke Park that is the community’s favorite destination to come around, thanks to its location right along Lake Tapps. The park offers acres of green space in conjunction with a children's playground, sports facilities, a skate park, and plenty of water activities such as kayaking, paddle boarding, and swimming.
Bonney Lake is also home to the beautiful Viking Park that offers huge green space for children to run and play. The best thing about this park is its off-leash dog park where you can bring your darling pets to have their fill of joy and exercise.
After an action-packed picnic at the parks, you may want to head to the sumptuous Hops n Drops restaurant that offers everything from starters like onion rings and nachos to entrees including soups, steaks, burger, tacos, and sandwiches. If seafood or Japanese cuisine is what your palates desire, Trapper’s Sushi has got you covered with its appetizing offerings such as specialty rolls, nigiri, teriyaki bowls, and a whole menu dedicated to the delicious sushi.
What is Real Estate like in Bonney Lake?
Real estate in Bonney Lake has shown an average growth of 4.24% per year since the year 2000. Besides, since 2000, the prices of homes in Bonney Lake have appreciated by a strong 139.03%. National real estate firm, REAL, categorizes Bonney Lake’s housing market as ‘very competitive’. The sale prices of homes in Bonney Lake have experienced strong growth of more than 13.1% in March 2021 from the same month last year.The median home price in Bonney Lake is $524,000. Currently, there are 303 active homes for sale in Bonney Lake, and normally it takes just 35 days for a listed home to get off the market. Moreover, the average cost to rent a house in Bonney Lake is $2,445 per month. At present, there are 7,145 homes and apartments in the city, 80.4% of which are owned, and the remaining 19.6% are rented.
How is the economic landscape of Bonney Lake?
Over the last year, Bonney Lake’s job market has grown by 1.8%, while its unemployment rate stands at a 5.6%. Also, the city’s job market is expected to grow by 41.3% in the next ten years.
On average, a Bonney Lake resident earns around $31,100 per annum, modestly higher than the US average of $28500. The city’s median household income of almost $79,700 per resident is, however, substantially greater than the US average of approximately $54000. Most of the residents of Bonney Lake work in construction, manufacturing, retail, finance, professional and technical services, healthcare, and wholesale.
How are the schools in Bonney Lake?
Bonney Lake is covered by 4 school districts, with Sumner School District being the city’s major school district encompassing 14 schools and 8,761 enrolled students. Besides, Bonney Lake also lies in proximity to many colleges including Pierce College at Puyallup, Highline Community College, Green River Community College, and Bates Technical College.When it comes to higher education, Bonney Lake’s residents enjoy comfortable access to the University of Washington (UW) Tacoma Campus that lies just 13 miles from Bonney Lake, as well as the UW’s main campus in Seattle that lies 39 miles from the city. Founded in 1861, and recognized for its high research activity, the University of Washington is one of the oldest universities on the West Coast. Known for its medical, engineering, and scientific research, as well as its highly competitive computer science and engineering programs, UW is presently home to 46,000 students. Its notable alumni include 21 Noble Laureates and several Pulitzer Prize Winners.
Other prominent universities near Bonney Lake include DeVry University (9 miles), Pacific Lutheran University (14 miles), and University of Puget Sound (16 miles).
Bonney Lake in a nutshell
To sum up, Bonney Lake is a picturesque community that enjoys some of the most outstanding outdoor recreation and dining scene in Pierce County. Home to lush parks, beautiful lakes, and great schools, Bonney Lake would be an excellent place to call home, should you decide to move to Washington’s Pierce County. Filters Reset
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BONNEY LAKE IN A NUTSHELL
(OCT 22, 2024 - NOV 21, 2024)
BONNEY LAKE IN A NUTSHELL
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