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Parkland, WA

Full City Profile · Washington · Pierce County County

2.8 /5.0
C+ Fair
39,174 Population 4,534/sq mi density
$71,829 Median Income $32,825 per capita
$382,700 Home Value $463,459 Zillow
$1,593 Median Rent 34.3% income on rent
54°F Avg Temperature 240 sunny days/yr
641 Violent Crime/100K 4,156 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$71,829 median income, 3.8% unemployment
B+
Affordability
3.7 / 5.0
$382,700 home value, $1,593/mo rent
F
Safety
1.0 / 5.0
641 violent crimes/100K (69% above avg)
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher

Housing Overview

Median Home Value
$382,700
36% above
US avg: $281,900
Median Rent
$1,593/mo
37% above
US avg: $1,163/mo
Homeownership Rate
53.5%
18% below US avg (65.4%)
Total Housing Units
15,047
Median year built: 1979

Home Value by Source

Census Median
$382,700
Zillow (ZHVI)
$463,459
Median Sale Price
$460,000
Median List Price
$519,650
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.5%
Owner-Occupied
46.5%
Renter-Occupied
54%
47%
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: $1,593/mo · Zillow rent: $1,716/mo

Market Indicators (Redfin)

Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
28.1%
of listings with price reduction
Price Per Sq Ft
$277
Active Inventory
82
homes for sale

Affordability & Housing Stock

Rent Burden
34.3%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
53.5%

Complete Housing Data

Home Values

Census Median Value$382,700
Zillow Home Value (ZHVI)$463,459
Median Sale Price$460,000
Median List Price$519,650
Price Per Sq Ft$277

Rent

Census Median Rent$1,593
Zillow Rent (ZORI)$1,716
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

Days on Market88
Sale-to-List Ratio1.0%
Price Drops28.1%
Homes Sold26
Active Inventory82
Price Per Sq Ft$277

Ownership & Stock

Owner-Occupied53.5%
Renter-Occupied46.5%
Homeownership Rate53.5%
Total Housing Units15,047
Median Year Built1979
Rent Burden34.3%