Editing Lake Stevens, Washington (section)

==Economy==

{{As of|2018}}, Lake Stevens has an estimated workforce population of 23,393 people, of which 15,084 are employed. The largest sectors of employment are manufacturing (18%), followed by educational and health services (17%), retail (13%), and professional services (11%).<ref name="ACS">{{cite web |year=2019 |title=Selected Economic Characteristics: Lake Stevens, Washington |url=https://data.census.gov/cedsci/table?q=DP03&g=1600000US5337900&tid=ACSDP5Y2018.DP03&hidePreview=true |work=[[American Community Survey]] |publisher=United States Census Bureau |access-date=May 8, 2020}}</ref> The majority of workers in the city commute to other areas for employment, including 20 percent to Everett, 13 percent to Seattle, and 4 percent to [[Bellevue, Washington|Bellevue]]. Approximately 6.3 percent of Lake Stevens residents work within the city limits.<ref name="LSEA">{{cite web |date=January 7, 2011 |title=Lake Stevens Economic Assessment |pages=22–24 |url=https://www.lakestevenswa.gov/DocumentCenter/View/315/Lake-Stevens-Economic-Assessment-Report_06 |publisher=City of Lake Stevens |access-date=May 8, 2020}}</ref><ref name="OnTheMap">{{cite web |title=Work Destination Report&nbsp;— Where Workers are Employed Who Live in the Selection Area&nbsp;— by Places (Cities, CDPs, etc.) |url=https://onthemap.ces.census.gov/ |publisher=United States Census Bureau |via=OnTheMap |access-date=May 8, 2020}}</ref> Over 81 percent of workers commute in [[single-occupancy vehicle|single-occupant]] vehicles, while 2 percent take [[public transportation]] and less than 10 percent use [[carpool]]s.<ref name="ACS"/>

The city had 1,553 registered businesses with 4,202 total jobs, according to 2012 estimates by the U.S. Census and [[Puget Sound Regional Council]].<ref name="USCB-Profile">{{cite web |title=Profile: Lake Stevens, Washington |url=https://data.census.gov/cedsci/profile?g=1600000US5337900 |publisher=United States Census Bureau |access-date=May 8, 2020}}</ref><ref name="PSRC-Employment">{{cite web |title=2012 Covered Employment Estimates |url=https://www.psrc.org/covered-employment-estimates |publisher=[[Puget Sound Regional Council]] |access-date=May 8, 2020}}</ref> The largest provider of jobs in Lake Stevens came from businesses in the services sector, at 1,595, followed by education (991) and retail (696).<ref name="PSRC-Employment"/> The city's largest employer is the [[Lake Stevens School District]], followed by aerospace manufacturer Cobalt Enterprises, which is headquartered in the Hartford industrial area and expanded its facilities in 2016.<ref>{{cite web |title=Profile: Lake Stevens, Washington |url=https://www.economicalliancesc.org/lake-stevens/ |publisher=[[Economic Alliance Snohomish County]] |access-date=May 8, 2020 }}{{Dead link|date=August 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite news |last=Catchpole |first=Dan |date=May 4, 2017 |title=Aerospace suppliers spending huge sums to boost capacity |url=https://www.heraldnet.com/news/aerospace-suppliers-spending-huge-sums-to-boost-capacity/ |work=The Everett Herald |access-date=May 8, 2020}}</ref> Over 20 percent of people with jobs based in Lake Stevens live within city limits, while the rest commute from nearby cities in northern Snohomish County.<ref name="OnTheMap"/>

[[Hewlett-Packard]] opened a large manufacturing facility on Soper Hill northwest of Lake Stevens in 1985 for its test and measurement division, following a planning dispute with the county government. The test and measurement division was later spun off into [[Agilent]] and shared its Lake Stevens facility with [[Solectron]]. The {{convert|270,000|sqft|sqm|adj=mid}} plant had 1,000 employees at its peak, but was closed in 2002 after several rounds of layoffs.<ref>{{cite news |date=September 2002 |title=Agilent to close Lake Stevens campus, lay off 40 |url=http://www.heraldbusinessjournal.com/archive/sep02/agilent-sep02.htm |work=The Everett Herald Business Journal |access-date=April 28, 2020}}</ref><ref>{{cite news |last=Corliss |first=Bryan |date=December 18, 2001 |title=Solectron plant to close |url=https://www.heraldnet.com/news/solectron-plant-to-close/ |work=The Everett Herald |access-date=April 28, 2020}}</ref> The {{convert|133|acre|ha|adj=mid}} site was later redeveloped into a suburban housing complex in the mid-2000s.<ref>{{cite news |last=Fetters |first=Eric |date=October 17, 2003 |title=Former Agilent site to be redeveloped |url=https://www.heraldnet.com/business/former-agilent-site-to-be-redeveloped/ |work=The Everett Herald |access-date=April 28, 2020}}</ref>

Lake Stevens is home to a large retail district anchored by Frontier Village, a shopping center located at the intersection of State Route 9 and State Route 204. It was developed beginning in the 1960s and now encompasses more than {{convert|208,000|sqft|sqm}} of retail space, spread across several [[strip mall]]s.<ref name="Herald-Frontier"/> A [[Costco]] store opened in December 2022 at the intersection of State Route 9 and 20th Street Southeast with a {{convert|160,000|sqft|sqm|adj=mid}} building, a gas station with 30 pumps, and 800 parking stalls. A development agreement was approved by the city government in December 2019 after a year of planning and several lawsuits from residents over impacts to the environment and traffic conditions.<ref>{{cite news |last=Haun |first=Riley |date=December 4, 2022 |title=The wait is over as Costco opens in Lake Stevens |url=https://www.heraldnet.com/news/the-wait-is-over-as-costco-opens-in-lake-stevens/ |work=The Everett Herald |accessdate=December 6, 2022}}</ref><ref>{{cite news |last=Davey |first=Stephanie |date=December 11, 2019 |title=Lake Stevens City Council approves Costco agreement |url=https://www.heraldnet.com/news/lake-stevens-city-council-approves-costco-agreement/ |work=The Everett Herald |access-date=May 8, 2020}}</ref>