Parkwood, WA

Full City Profile · Washington · Kitsap County County

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 $550,323 Zillow
$1,746 Median Rent 27.7% income on 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, 1.1% 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

Parkwood, WA

At a Glance

Median Income
$92,188
23% above
$40,399 per capita
Home Value
$418,100
48% above
Zillow: $550,323
Median Rent
$1,746/mo
50% above
27.7% of income on rent
Bachelor's Degree+
18.4%
45% below
92.5% high school+
Unemployment
1.1%
69% below
2.5% poverty rate
Obesity Rate
33.6%
5% above
12.8% smoking rate
Avg Temperature
52°F

How Parkwood Compares to the U.S. Average

Each bar shows Parkwood's value as a percentage of the national average (100% = U.S. avg)

Income
123%
Home Value
148%
Rent
150%
Poverty
20%
Bachelor's
55%
Unemployment
31%
Thin vertical line = U.S. national average (100%)

Is Parkwood a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Parkwood residents earn a median household income of $92,188 , which is 23% above the national average of $75,149. Per capita income is $40,399. The unemployment rate stands at 1.1% (69% below the U.S. rate of 3.6%). 2.5% of residents live below the poverty line. The area is home to 6,739 business establishments, including 580 restaurants.

Housing & Cost of Living

The median home value in Parkwood is $418,100 , 48% above the national median of $281,900. Zillow estimates the typical home at $550,323. Median rent is $1,746/month, with 27.7% of renters spending more than 30% of income on housing. The cost of living index is 107.0 (100 = national average). The median home was built in 1978.

Education

18.4% of adults in Parkwood hold a bachelor's degree or higher (45% below the national average). 92.5% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

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 totals 56.9 inches. Air quality is rated Good with a median AQI of 19.

Data Overview

People

Population6,976
Median Age39.4 yrs
Density2,673/mi²
Male / Female53% / 47%
Foreign Born7.5%
Veterans17.6%

Economy

A+
Median Income$92,188
Per Capita$40,399
Unemployment1.1%
Poverty2.5%
County GDP$18,349M
Avg Weekly Wage$1,377

Housing

A
Home Value$418,100
Rent$1,746
Ownership62.7%
Zillow$550,323
Housing Units2,962
Rent Burden27.7%

Health

Obesity33.6%
Diabetes9.0%
Smoking12.8%
Heart Disease5.1%
Premature Death6,099/100K

Climate

Avg Temp52°F
Rain56.9 in/yr
AQI19 (Good)
Elevation316 ft

Education

C
Bachelor's+18.4%
High School+92.5%
Graduate+5.2%
School Score6.1/10

Community

2024 VoteR 38% / D 59%
Commute30 min
Broadband92.7%
Internet Speed150 Mbps
EV Stations8
Libraries9

Did You Know?

The median home in Parkwood was built in 1978.
The nearest airport is Boeing Field/King County International (14 miles).
The Gini coefficient (income inequality) is 0.431 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
17.6% of the population has a disability.
Average internet download speed is 150 Mbps.
There are 580 restaurants in the area.
The county recorded 20 fatal vehicle crashes.