Lake Goodwin, Washington Demographics & Population 2026
During the 2020–2024 ACS period, Lake Goodwin, Washington had a total population of 5,536, the 188th largest community in Washington, with a median household income of $105,437, which is 7% higher than the state average. The poverty rate is 3.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 3.5% — among the lowest in Washington.
Lake Goodwin Quick Facts
How Lake Goodwin Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,682 | 5,536 | -2.6% |
| Median household income | $104,028 | $105,437 | +1.4% |
| Median home value | $670,200 | $718,400 | +7.2% |
How Lake Goodwin Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 56 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Goodwin Rankings in Washington
Explore Washington Rankings
Other Cities in Snohomish County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Everett | 111,845 | $83,512 | 12.9% | $565,300 |
| Marysville | 73,002 | $103,974 | 8.1% | $567,900 |
| Edmonds | 42,735 | $122,449 | 3.8% | $890,100 |
| Lake Stevens | 40,253 | $122,336 | 5.2% | $635,600 |
| Lynnwood | 40,110 | $77,704 | 14.1% | $686,900 |
| Mill Creek East | 25,453 | $192,937 | 4.1% | $905,400 |
| Eastmont | 23,721 | $138,912 | 6.3% | $784,000 |
| North Lynnwood | 23,339 | $101,088 | 7.2% | $616,400 |
| Mountlake Terrace | 23,104 | $107,687 | 7.0% | $667,300 |
| Martha Lake | 22,634 | $124,494 | 8.3% | $785,400 |
Cities Similar to Lake Goodwin
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Otis Orchards-East Farms | 5,454 | $97,500 | $430,500 | 17.3% | 5.6% |
| Suncrest | 5,345 | $100,952 | $522,500 | 26.6% | 5.0% |
| Rochester | 5,834 | $99,286 | $445,300 | 17.5% | 16.3% |
| Finley | 5,634 | $92,231 | $382,500 | 20.9% | 5.1% |
| Tracyton | 6,137 | $103,935 | $470,200 | 33.6% | 9.1% |
Population Overview
Lake Goodwin is a small city located in Washington, within Snohomish County. The total population is 5,536. It ranks as the 188th most populous out of 628 Census-designated places in Washington.
Age Demographics
The median age in Lake Goodwin is 52.7 years. This is 38% higher than the state median of 38.3 years.
Economy, Income & Housing
The median household income in Lake Goodwin is $105,437. This is 7% higher than the state median of $98,141. It is also 31% higher than the national median of $80,734. The poverty rate stands at 3.5%. This is 65% lower than the state poverty rate of 9.9%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.6%. This is 49% lower than the state rate of 5.1%. The median home value is $718,400. Housing costs are 27% higher than the state median of $564,600. The home-value-to-income ratio of 6.8x suggests that housing affordability is a significant concern for many residents. 94.1% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 63.8%.
Race & Ethnicity
Lake Goodwin has a predominantly White (non-Hispanic) population, comprising 87.3% of all residents. Asian residents account for 3.3%. The Black or African American population (0.6%) is well below the state average of 3.9%. The Hispanic or Latino population (2.8%) is well below the state average of 14.4%. The Asian population (3.3%) is well below the state average of 9.7%.
Education
28.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 39.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.7%.
Data Sources & Methodology
All demographic data for Lake Goodwin, Washington is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Washington state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 628 Census-designated places in Washington. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lake Goodwin, Washington?
Lake Goodwin, Washington has a population of 5,536 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Goodwin, WA?
The median household income in Lake Goodwin is $105,437, which is 31% higher than the national median of $80,734.
What is the poverty rate in Lake Goodwin, WA?
The poverty rate in Lake Goodwin is 3.5%. This means approximately 193 residents live below the federal poverty line.
What is the racial makeup of Lake Goodwin, Washington?
Lake Goodwin's population is 87.3% White, 0.6% Black, 2.8% Hispanic/Latino, and 3.3% Asian.
What is the median home value in Lake Goodwin, WA?
The median home value in Lake Goodwin is $718,400. The home-value-to-income ratio is 6.8x.
How educated is Lake Goodwin, Washington?
28.5% of adults (25+) in Lake Goodwin hold a bachelor's degree or higher, and 6.3% hold a graduate or professional degree.