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Fairwood CDP (Spokane County), WA

Full City Profile · Washington · Spokane County County

3.4 /5.0
B Good
10,439 Population 2,616/sq mi density
$84,911 Median Income $43,627 per capita
$435,200 Home Value $505,734 Zillow
$1,191 Median Rent 38.8% income on rent
50°F Avg Temperature 273 sunny days/yr
548 Violent Crime/100K 8,559 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$84,911 median income, 2.8% unemployment
B+
Affordability
3.8 / 5.0
$435,200 home value, $1,191/mo rent
F
Safety
1.0 / 5.0
548 violent crimes/100K (44% above avg)
A+
Education
4.6 / 5.0
45.0% bachelor's degree or higher

Housing Overview

Median Home Value
$435,200
54% above
US avg: $281,900
Median Rent
$1,191/mo
2% above
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
3,990
Median year built: 1988

Home Value by Source

Census Median
$435,200
Zillow (ZHVI)
$505,734
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.0%
Owner-Occupied
30.0%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,191/mo

Affordability & Housing Stock

Rent Burden
38.8%
of renters spending 30%+ of income on housing
25% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
70.0%

Complete Housing Data

Home Values

Census Median Value$435,200
Zillow Home Value (ZHVI)$505,734

Rent

Census Median Rent$1,191
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Ownership & Stock

Owner-Occupied70.0%
Renter-Occupied30.0%
Homeownership Rate70.0%
Total Housing Units3,990
Median Year Built1988
Rent Burden38.8%