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. There's nothing like the smell of a brand new house, and in Bonney Lake, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Bonney Lake, and putting down their money on brand new construction. Bonney Lake’s real estate is, on average, some of the newest in the nation. Bonney Lake does seem to be experiencing an influx of affluent people, because 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.

Telecommuters are a relatively large percentage of the workforce: 15.40% 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.

Because of many things, Bonney Lake is a great place for families with children to consider. First of all, many other families with children live here, making Bonney Lake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Bonney Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local 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.

In terms of college education, Bonney Lake is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 29.61% of adults in Bonney Lake have a college 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.