Parkwood, WA

Washington · Metropolitan Area

Parkwood is a small city in Washington with a population of 6,976. Residents earn $92,188 per year, which is 23% above the national average.

3.8 /5.0
B+ Good
6,976 Population 2,673/sq mi density
$92,188 Median Income $40,399 per capita
$418,100 Home Value
$1,746 Median Rent
52°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$92,188 median income, 0.7% unemployment
A
Affordability
4.1 / 5.0
$418,100 home value, $1,746/mo rent
C
Education
2.5 / 5.0
18.4% bachelor's degree or higher
Median Income $92,188
23% higher than US avg
Home Value $418,100
48% higher than US avg
Bachelor's+ 18.4%
45% lower than US avg
Median Rent $1,746
50% higher than US avg
Obesity Rate 33.6%
5% higher than US avg
Unemployment 0.7%
81% lower than US avg
Poverty Rate 2.5%
80% lower than US avg

How Parkwood Compares to the U.S. Average (100% = U.S. avg)

People

Population6,976
Median Age39.4 yrs
Density2,673/mi²
Male / Female53% / 47%
Largest GroupWhite 72%

Economy

A+
Median Income$92,188
Per Capita$40,399
Unemployment0.7%
Poverty2.5%
County GDP$18,349M
Commute30 min

Housing

A
Home Value$418,100
Rent$1,746
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity33.6%
UninsuredN/A
Depression27.3%
Heart Disease5.1%

Climate

Avg Temp52°F
AQI28 (Good)
Rain56.9 in/yr
Elevation316 ft

Education

C
Bachelor's+18.4%
High School+92.5%
School Score5.36

Community

2024 VoteR 38% / D 59%
Commute30 min
Libraries9

Is Parkwood a Good Place to Live?

Based on current data, Parkwood receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, low unemployment, a low poverty rate, high health insurance coverage. Areas to be aware of include high housing costs. Parkwood offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Parkwood is $92,188, 23% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.7%. Only 2.5% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 30 minutes.

Cost of Living & Housing

The median home value in Parkwood is $418,100, 48% above the national median. Renters pay a median of $1,746 per month, significantly above the national average of $1,163. A price-to-income ratio of 4.5x indicates a reasonably affordable housing market.

Education

18.4% of residents hold a bachelor's degree, below the national average of 33.7%. 92.5% have completed high school. Area schools have an average test score of 5.4/10.

Climate & Weather

Parkwood experiences four distinct seasons with an average temperature of 52°F. Winters average 41°F in January while summers reach 66°F in July. Annual precipitation totals 56.9 inches. Air quality is rated Good with a median AQI of 28.

Parkwood has a population of 6,976 with a density of 2,673 people per square mile. The median age is 39.4 years, 1% older than the national median of 38.9. The city is predominantly White (72.2%), with 3.3% Hispanic, 1.3% Black.

Population

6,976
Total Population
2,673
People / sq mi
39.4yrs
Median Age
1% above US avg
2.6mi²
Land Area

Gender Distribution

Male 52.9%
Female 47.1%

Race & Ethnicity

Parkwood vs U.S. Average

Language Spoken at Home

English Only88.4%
13% above US avg
Spanish11.6%
13% below US avg

Social Characteristics

Parkwood vs U.S. Average

The median household income in Parkwood is $92,188, which is 23% above the national average of $75,149. The unemployment rate is 0.7% (below the 3.6% US average). 2.5% of residents live below the poverty line. Workers commute an average of 30 minutes.

Income: Parkwood vs U.S.

Commute Mode

Income

Median HH Income$92,188
23% above US avg
Per Capita Income$40,399
Avg Weekly Wage$1,377
IRS Avg AGI$99,803

Employment & Poverty

Unemployment0.7%
81% below US avg
Poverty Rate2.5%
80% below US avg
Establishments (County)6,739
County GDP$18,349M

Business (County)

Restaurants580
Healthcare720
Retail705
Manufacturing158

Tax & Cost of Living

Property Tax (IRS)$7,028
101% above US avg
Effective Tax Rate1.68%

Commute & Transportation

Commute Time30.0 min
Work from Home4.6%

Walkability

The median home value in Parkwood is $418,100, 48% above the national average. Monthly rent averages $1,746 (50% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$418,100
48% above US avg
Median List Price$472,000

Real Estate Market (Redfin)

Median List Price$472,000
$/Sq Ft$234
Homes Sold6
Sale-to-List Ratio100.0%
Price Drops0.0%
Inventory8

Rental Costs

Census Median Rent$1,746
50% above US avg

HUD Fair Market Rent

Studio$1,082
1 Bedroom$1,180
2 Bedrooms$1,472
3 Bedrooms$2,003
4 Bedrooms$2,351

Ownership & Property

Owner-Occupied62.7%

Property Tax

Avg Tax (IRS)$7,028
101% above US avg
Effective Rate1.68%
In Parkwood, 33.6% of adults are obese (above the 32.1% national rate). 27.3% report depression. 18.1% are physically inactive.

Health Metrics: Parkwood vs U.S. Average (%)

Chronic Conditions

Obesity33.6%
5% above US avg
Diabetes9.0%
Heart Disease5.1%
High Blood Pressure30.5%
Asthma12.0%
COPD5.3%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking18.6%
Physical Inactivity18.1%
Depression27.3%
Mental Distress18.8%
Physical Distress13.2%

Healthcare Access

Insurance Rate94.0%
Checkup Rate68.9%
Premature Death6,099/100K

Food & Exercise

Food Environment8.2/10
Exercise Access82.8%
Healthcare Facilities720

Crime Rates: Parkwood vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)20

Safety Score

Parkwood has an average annual temperature of 52°F (11°C). Winters average 41°F in January while summers reach 66°F in July. Annual precipitation is 56.9 inches. Air quality is rated Good with a median AQI of 28.

Temperature

41°F Jan (5°C) 66°F Jul (19°C)
Annual Average52.3°F
3% below US avg
January Average41°F (5°C)
July Average66°F (19°C)

Precipitation & Snow

Annual Rainfall56.9 inches
50% above US avg
Snowfall3.0 inches/yr

Air Quality

AQI Median28.0
RatingGood

Geography

Elevation316 ft (96 m)
Area2.6 sq mi (6.8 km²)
Population Density2,673/sq mi
Coordinates47.5252°N, 122.6044°W
County FIPS53035
It is classified as Metro — 250K–1M. 18.4% of residents hold a bachelor's degree or higher (45% below US avg). In the 2024 election, the county voted Democrat by a 20.9-point margin.

2024 Presidential Election (County)

R 37.9%
D 58.8%

Winner: Democrat by 20.9 points

Education

Bachelor's Degree+18.4%
45% below US avg
High School+92.5%
School Test Score5.36
C Education Grade (2.5/5.0)

Urban-Rural Classification

RUCC Code 2Metro — 250K–1M
Population Density2,673/sq mi
Total Area2.6 sq mi

Infrastructure & Services

Public Libraries9
Healthcare Facilities720
Restaurants580
Retail Stores705

Safety & Disasters

Fatal Crashes (County/yr)20

Commute & Transportation

Avg Commute30.0 min
Work from Home4.6%

Nearby Cities

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