Everything You Should Know Before Moving to Lakebay, WA
Considering Lakebay, WA for your next move? This small, peaceful community of about 1,400 residents offers affordable living with median home prices around $480,000 and average 2-bedroom rents at $1,520. Enjoy mild Pacific Northwest weather, easy access to nature, and a slower pace—though expect a longer average commute of 41 minutes to nearby cities. Crime rates are relatively low, schools are well-rated, and you'll find essential amenities in neighboring towns for healthcare and higher education. Lakebay’s relaxed atmosphere and scenic surroundings make it a great fit for those seeking tranquility away from urban bustle.
Demographics - Lakebay, WA
Demographics - Lakebay, WA
Lakebay is a small, close-knit community of about 1,400 people, with a median age of 53.2, reflecting a mature and peaceful atmosphere. The area is predominantly White, with a balanced gender ratio and a low percentage of non-English speakers, making it friendly and approachable for newcomers.
Population:
1,400
Density:
110 per sq mi
Median Age:
53.2
Gender Ratio:
102 males per 100 females
Non-English Speakers Percentage:
4.2%

Ethnic Composition
White:
89.0%
Black:
1.0%
Asian:
1.5%
Others:
8.5%
Cost Of Living
What is the average cost of living in Lakebay, WA?
Lakebay's cost of living is moderately higher than the national average, with a median home value of $480,000 and a cost of living index of 123. Residents enjoy no state income tax, but housing and everyday expenses can be higher than in surrounding areas.
Median House Value:
$480,000
Gross Rent:
$1,520
Monthly Electricity Charges:
$110
Auto Insurance:
$1,210
House Owner Cost With Mortgage:
$2,110
House Owner Cost Without Mortgage:
$730
State Taxes:
Low:
0%
|
High:
9.0%
Cost Of Living Index:
123
Grocery:
115
Housing:
131
Utilities:
107
Transportation:
119
Health Care:
110
Miscellaneous:
108
Crime
Is Lakebay, WA a safe place to live?
Lakebay experiences relatively low crime rates, with a 1 in 485 chance of violent crime and a 1 in 55 chance of property crime. This provides a sense of security for residents seeking a safer, quieter lifestyle.
Violent Crimes Per 100k:
206
Property Crimes Per 100k:
1,820
Crime Index:
2,026
Chance Of Violent Crime:
1 in 485
Chance Of Property Crime:
1 in 55
Weather
What is the weather like in Lakebay, WA year-round?
Residents enjoy mild Pacific Northwest weather, with summer highs reaching 75°F and winter lows averaging 35°F. The area receives about 46 inches of rainfall annually and has roughly 45% sunny days, perfect for those who appreciate a cooler, temperate climate.

Winter
Min:
35°F
Max:
47°F

Spring
Min:
42°F
Max:
63°F

Summer
Min:
52°F
Max:
75°F

Fall
Min:
44°F
Max:
61°F
Average Rainfall Inches:
46 inches
Sunny Days Percentage:
45%
Neighbors
Lakebay’s residents have a median household income of $71,800 and a poverty rate of 9.1%, with most adults having completed high school and over one-fifth holding a bachelor’s degree or higher. The community is largely owner-occupied and features long average commutes of about 41 minutes, reflecting a laid-back, rural lifestyle.
Median Income:
$40,000
Household Income:
$71,800
Family Income:
$81,500
Per Capita Income:
$37,900
Income Male:
$46,800
Income Female:
$38,100
Poverty Rate:
9.1%
Non English Speakers:
4.2%
Rent:
$1,520
Unemployment Rate:
5.3%
Public Transport Usage:
1.1%
Commute Time:
41 minutes

Education
High School or Higher:
91.2%
Bachelors or More:
21.5%
Education
How are the schools in Lakebay, WA?
Education in Lakebay is anchored by Evergreen Elementary School, known for its favorable student-teacher ratio. For higher education, residents have access to nearby colleges such as Tacoma Community College and the University of Washington Tacoma, both within a short drive.

Public Schools
Name:
Evergreen Elementary School
Street:
7100 Russell Rd, Lakebay, WA 98349
Phone:
253-884-1818
Students:
320
Student Teacher Ratio:
16.5

Colleges
Name:
Tacoma Community College
City:
Tacoma
State:
WA
Distance:
28 miles
Students:
6,300
Name:
University of Washington Tacoma
City:
Tacoma
State:
WA
Distance:
32 miles
Students:
5,300
Healthcare
Residents have access to quality healthcare through nearby hospitals such as St. Anthony Hospital and Tacoma General Hospital, both offering emergency services. With 92.3% of residents insured and 2.2 physicians per 1,000 people, basic health needs are well covered.

Major Hospitals
Name:
St. Anthony Hospital
Address:
11567 Canterwood Blvd NW, Gig Harbor, WA 98332
Phone:
(253) 530-2000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Tacoma General Hospital
Address:
315 Martin Luther King Jr Way, Tacoma, WA 98405
Phone:
(253) 403-1000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.2
Health Insurance Coverage:
92.3%
Health Care Index:
77.2
Housing Market
What is the housing market like in Lakebay, WA?
Lakebay’s housing market is stable, with a median home price of $480,000 and an 83.4% owner-occupancy rate. Home values have appreciated by 4.7% over the past year, and rental options are limited but available, making the area attractive for long-term homeowners.
Median Home Price:
$480,000
Average Rent For 2 Bedroom:
$1,520
Owner Occupied Rate:
83.4%
Rental Vacancy Rate:
4.8%
Home Appreciation Rate (1yr):
4.7%
New Construction Rate:
1.5%
Foreclosure Rate:
0.7%
DMV Information
Lakebay residents are served by the Washington State Department of Licensing, conveniently located in Olympia. This office offers a full range of vehicle registration and licensing services, with helpful resources available online.
State:
Washington
Department:
Washington State Department of Licensing
Address:
405 Black Lake Blvd SW, Olympia, WA 98502
Phone:
360-902-3900
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.