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Parkwood CDP, Washington

City

Population: 6,976 (2023 estimate)

Located in Washington , Washington

Census Bureau data for Parkwood CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Parkwood CDP

What is the median household income in Parkwood CDP?
The median household income in Parkwood CDP is $92,188 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Parkwood CDP?
The poverty rate in Parkwood CDP is 2.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Parkwood CDP?
$418,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Parkwood CDP?
The median gross rent in Parkwood CDP is $1,746 per month (U.S. Census Bureau ACS 2023).
What percentage of Parkwood CDP residents have a college degree?
18.4% of adults in Parkwood CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
6,976
Median Income
$92,188
Median Home Value
$418,100
Poverty Rate
2.5%
Unemployment (ACS 2023)
1.1%
Median Age
39.0 yrs
Since 2019 Median Income: +$32,137 (+53.5%) Home Value: +$151,200 (+56.7%) Poverty Rate: -5.6 pp (-69.1%) Bachelor's+: -5.2 pp (-22%) Unemployment: -3.0 pp (-73.2%)

Demographics

Total Population 6,976
Median Age 39.0
Female 47.1%
Race & Ethnicity
Hispanic or Latino 14.1% White (non-Hisp.) 69.8% Black 1.3% Asian 5.9% Two or More 13.0% Other 5.8%
Asian Subgroups (% of total pop.)
Filipino
4.0%
Japanese
0.7%
Korean
0.5%
Indian
0.4%
Hispanic Subgroups (% of total pop.)
Puerto Rican
7.4%
Mexican
4.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $92,188 ±$9,209
-$2,764 vs. state
Per Capita Income $93,945
Median Family Income $96,578
Poverty Rate 2.5%
-3.9 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 11.0%
Social Security Income
Retirement Income 29.8%
Household Income Distribution
< $10k
1.4%
$10–15k
2.9%
$15–25k
6.2%
$25–35k
2.1%
$35–50k
9.9%
$50–75k
18.0%
$75–100k
18.7%
$100–150k
23.6%
$150–200k
10.1%
$200k+
7.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,931
Owner-Occupied 62.7%
Renter-Occupied 37.3%
Vacancy Rate 6.0%
Median Home Value $418,100
-$101,700 vs. state
Median Gross Rent $1,746
Owner Cost Burden (30%+) 17.5%
Renter Cost Burden (30%+) 35.2%
Home Value Distribution
< $50k
0.8%
$100–200k
1.0%
$200–300k
12.5%
$300–500k
71.5%
$500k–$1M
13.5%
$1M+
0.7%
Gross Rent Distribution
< $500
4.3%
$500–1k
2.6%
$1–1.5k
26.4%
$1.5–2k
34.1%
$2–2.5k
31.0%
$2.5–3.5k
1.7%
Vehicle Availability
No vehicle
4.2%
1 vehicle
29.1%
2 vehicles
36.9%
3+
29.8%
Housing Type
Single-fam. det.
68.1%
Single-fam. att.
0.6%
5–19 units
7.3%
20+ units
7.4%
Mobile home
0.6%
Housing Age
Pre-1940
1.5%
1940–1969
3.4%
1970–1999
35.5%
2000–2009
8.8%
2010+
5.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 92.5%
Bachelor's or Higher 18.4%
-20.4 pp vs. state
Graduate Degree 5.0%
Some College / Associate 34.0%
Less Than High School 1.1%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 63.9%
Unemployment Rate 1.1%
-3.9 pp vs. state
Work from Home 4.6%
Self-Employed 2.6%
Government Workers 29.1%
Private For-Profit 68.3%
Industry
Retail
19.2%
Edu/Health
12.3%
Construction
11.3%
Public Admin
10.6%
Arts/Entmt.
10.4%
Manufacturing
10.3%
Prof. Services
10.1%
Transportation
9.0%
Finance
2.8%
Wholesale
1.0%
Information
0.6%
Occupation
Management
24.7%
Production
21.3%
Food Prep
18.8%
Sales
18.3%
Construction
16.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 30.0 min
Drove Alone 75.2%
Carpool 13.9%
Public Transit 1.5%
Work from Home 4.6%
Walked 0.2%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 2,755
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 50.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 24.4%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
4.3%
5–9
7.3%
10–14
8.4%
15–19
3.9%
20–24
2.4%
25–34
16.0%
35–44
17.4%
45–54
8.3%
55–64
7.7%
65–74
7.4%
75–84
7.6%
85+
8.3%
Under 18: 23.3% Working age (18–64): 76.7% 65 and over: 16.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 7.5%
Naturalized Citizen 62.7%
Speaks English Less Than Very Well 2.5%
Foreign-Born Origin
Asia
52.4%
Europe
24.1%
Latin America
20.8%
Africa
0.4%

Veterans & Disability

Veteran 17.6%
With a Disability 17.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.0%
Uninsured 7.0%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 92.7%
Has a Computer 95.6%
Same House 1 Year Ago 87.1%
Moved from Abroad 4.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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