Parkwood, WA
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Parkwood, Washington Summary

Life in Parkwood research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Parkwood over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Parkwood:

  • The population in Parkwood is 7,303.

  • The median home value in Parkwood is $459,935.

  • The median income in Parkwood is $88,440.

  • The cost of living in Parkwood is 122 which is 1.2x higher than the national average.

  • The median rent in Parkwood is $1,551.

  • The unemployment rate in Parkwood is 1.3%.

  • The poverty rate in Parkwood is 7.8%.

  • The average high in Parkwood is 59.6° and the average low is 43.7°.

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Parkwood SnackAbility

6
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
4
Diversity
8
Safety
N/A
Amenities
8.5
Education
7
Commute
5
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Parkwood, WA Cost Of Living

Cost of living in Parkwood summary. We use data on the cost of living to determine how expensive it is to live in Parkwood. Real estate prices drive most of the variance in cost of living around Washington. Key points include:

  • The cost of living in Parkwood is 122 with 100 being average.

  • The cost of living in Parkwood is 1.2x higher than the national average.

  • The median home value in Parkwood is $459,935.

  • The median income in Parkwood is $88,440.

122
Parkwood's Overall Cost Of Living
1.2x
Higher Than The National Average

Cost Of Living In Parkwood Comparison Table

Living Expense Parkwood Washington National Average
Overall 122 115 100
Services 134 112 100
Groceries 126 109 100
Health 129 119 100
Housing 108 129 100
Transportation 121 116 100
Utilities 107 90 100

Parkwood, WA Weather

  • The average high in Parkwood is 59.6° and the average low is 43.7°.

  • There are 96.5 days of precipitation each year.

  • Expect an average of 43.9 inches of precipitation each year with 3.1 inches of snow.

StatParkwood
Average Annual High59.6
Average Annual Low43.7
Annual Precipitation Days96.5
Average Annual Precipitation43.9
Average Annual Snowfall3.1
59.6°
Average High
96.5°
Days of Rain

Rankings for Parkwood in Washington

Locations Around Parkwood

Map Of Parkwood, WA

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Parkwood Demographics And Statistics

Population over time in Parkwood

The current population in Parkwood is 7,303. The population has increased 4.1% from 2010.

Year Population % Change
2022 7,303 9.0%
2021 6,700 2.1%
2020 6,559 0.4%
2019 6,535 -10.4%
2018 7,294 -0.2%
2017 7,312 1.7%
2016 7,189 -1.8%
2015 7,322 1.9%
2014 7,188 2.5%
2013 7,015 -

Race / Ethnicity in Parkwood

White
70.8% (5,172)
African American
1.2% (86)
American Indian
0.9% (65)
Asian
5.1% (369)
Hawaiian
2.5% (180)
Other
0.2% (14)
Two Or More
7.4% (539)
Hispanic
12.0% (878)

Parkwood is:

  • 70.8% White with 5,172 White residents.

  • 1.2% African American with 86 African American residents.

  • 0.9% American Indian with 65 American Indian residents.

  • 5.1% Asian with 369 Asian residents.

  • 2.5% Hawaiian with 180 Hawaiian residents.

  • 0.2% Other with 14 Other residents.

  • 7.4% Two Or More with 539 Two Or More residents.

  • 12.0% Hispanic with 878 Hispanic residents.

Race Parkwood WA USA
White 70.8% 65.5% 58.9%
African American 1.2% 3.8% 12.1%
American Indian 0.9% 0.9% 0.6%
Asian 5.1% 9.1% 5.7%
Hawaiian 2.5% 0.7% 0.2%
Other 0.2% 0.5% 0.4%
Two Or More 7.4% 6.1% 3.5%
Hispanic 12.0% 13.5% 18.7%

Gender in Parkwood

Female
49.6% (3,624)
Male
50.4% (3,678)
  • Parkwood is 49.6% female with 3,624 female residents.

  • Parkwood is 50.4% male with 3,678 male residents.

Gender Parkwood WA USA
Female 49.6% 49.6% 50.4%
Male 50.4% 50.4% 49.6%

Highest level of educational attainment in Parkwood for adults over 25

  • 2.0% of adults in Parkwood completed < 9th grade.

  • 5.0% of adults in Parkwood completed 9-12th grade.

  • 31.0% of adults in Parkwood completed high school / ged.

  • 32.0% of adults in Parkwood completed some college.

  • 11.0% of adults in Parkwood completed associate's degree.

  • 14.0% of adults in Parkwood completed bachelor's degree.

  • 4.0% of adults in Parkwood completed master's degree.

  • 0.0% of adults in Parkwood completed professional degree.

  • 1.0% of adults in Parkwood completed doctorate degree.

< 9th Grade
2.0% (146)
9-12th Grade
5.0% (365)
High School / GED
31.0% (2,263)
Some College
32.0% (2,336)
Associate's Degree
11.0% (803)
Bachelor's Degree
14.0% (1,022)
Master's Degree
4.0% (292)
Professional Degree
0.0% (0)
Doctorate Degree
1.0% (73)
Education Parkwood WA USA
< 9th Grade 2.0% 4.0% 4.0%
9-12th Grade 5.0% 4.0% 6.0%
High School / GED 31.0% 22.0% 26.0%
Some College 32.0% 22.0% 20.0%
Associate's Degree 11.0% 10.0% 9.0%
Bachelor's Degree 14.0% 23.0% 21.0%
Master's Degree 4.0% 11.0% 10.0%
Professional Degree 0.0% 2.0% 2.0%
Doctorate Degree 1.0% 2.0% 2.0%

Household Income For Parkwood, Washington

  • 2.9% of households in Parkwood earn Less than $10,000.

  • 1.5% of households in Parkwood earn $10,000 to $14,999.

  • 8.2% of households in Parkwood earn $15,000 to $24,999.

  • 1.5% of households in Parkwood earn $25,000 to $34,999.

  • 7.4% of households in Parkwood earn $35,000 to $49,999.

  • 21.9% of households in Parkwood earn $50,000 to $74,999.

  • 18.9% of households in Parkwood earn $75,000 to $99,999.

  • 23.2% of households in Parkwood earn $100,000 to $149,999.

  • 8.8% of households in Parkwood earn $150,000 to $199,999.

  • 5.6% of households in Parkwood earn $200,000 or more.

Less than $10,000
2.9% (21,313)
$10,000 to $14,999
1.5% (11,298)
$15,000 to $24,999
8.2% (59,574)
$25,000 to $34,999
1.5% (11,298)
$35,000 to $49,999
7.4% (54,181)
$50,000 to $74,999
21.9% (159,721)
$75,000 to $99,999
18.9% (138,150)
$100,000 to $149,999
23.2% (169,735)
$150,000 to $199,999
8.8% (64,453)
$200,000 or more
5.6% (40,572)
Income Parkwood WA USA
Less than $10,000 2.9% 3.7% 4.9%
$10,000 to $14,999 1.5% 2.8% 3.8%
$15,000 to $24,999 8.2% 5.3% 7.0%
$25,000 to $34,999 1.5% 5.7% 7.4%
$35,000 to $49,999 7.4% 9.1% 10.7%
$50,000 to $74,999 21.9% 15.2% 16.1%
$75,000 to $99,999 18.9% 13.0% 12.8%
$100,000 to $149,999 23.2% 19.0% 17.1%
$150,000 to $199,999 8.8% 10.8% 8.8%
$200,000 or more 5.6% 15.4% 11.4%

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