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Shadow Lake, WA

Full City Profile · Washington · Pierce County County

3.1 /5.0
B Good
2,221 Population 428/sq mi density
$137,407 Median Income $61,100 per capita
$847,100 Home Value $670,976 Zillow
$1,443 Median Rent 24.0% income on rent
54°F Avg Temperature 240 sunny days/yr
214 Violent Crime/100K 3,834 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$137,407 median income, 2.7% unemployment
B
Affordability
3.2 / 5.0
$847,100 home value, $1,443/mo rent
F
Safety
1.0 / 5.0
214 violent crimes/100K
B
Education
3.4 / 5.0
30.5% bachelor's degree or higher

Housing Overview

Median Home Value
$847,100
200% above
US avg: $281,900
Median Rent
$1,443/mo
24% above
US avg: $1,163/mo
Homeownership Rate
87.8%
34% above US avg (65.4%)
Total Housing Units
892
Median year built: 1977

Home Value by Source

Census Median
$847,100
Zillow (ZHVI)
$670,976
Median Sale Price
$1,090,000
Median List Price
$1,425,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.8%
Owner-Occupied
12.2%
Renter-Occupied
88%
12%
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: $1,443/mo

Market Indicators (Redfin)

Median Days on Market
85 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$413
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
87.8%

Complete Housing Data

Home Values

Census Median Value$847,100
Zillow Home Value (ZHVI)$670,976
Median Sale Price$1,090,000
Median List Price$1,425,000
Price Per Sq Ft$413

Rent

Census Median Rent$1,443
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 Market85
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory4
Price Per Sq Ft$413

Ownership & Stock

Owner-Occupied87.8%
Renter-Occupied12.2%
Homeownership Rate87.8%
Total Housing Units892
Median Year Built1977
Rent Burden24.0%