Parkwood CDP, Washington Demographics & Population 2026
As of 2026, Parkwood CDP, Washington has a total population of 6,976, the 163rd largest city in Washington, with a median household income of $92,188, which is 3% lower than the state average. The poverty rate is 4.4%.
Key Takeaways
- An exceptionally low poverty rate of 4.4% — among the lowest in Washington.
- Near full employment with an unemployment rate of just 1.1%.
Parkwood CDP Quick Facts
How Parkwood CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 55 | National average: 60
Education
Educational Attainment (Adults 25+)
Parkwood CDP Rankings in Washington
Explore Washington Rankings
Cities Similar to Parkwood CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Sudden Valley CDP | 6,963 | $98,865 | $450,500 | 49.8% | 5.5% |
| Clarkston Heights-Vineland CDP | 7,144 | $89,628 | $342,700 | 34.6% | 9.6% |
| Clover Creek CDP | 7,128 | $97,581 | $456,300 | 22.1% | 10.0% |
| Tanglewilde CDP | 6,822 | $99,766 | $410,300 | 23.9% | 6.2% |
| Pacific city | 7,064 | $102,976 | $437,400 | 18.1% | 15.7% |
Population Overview
Parkwood CDP is a small city located in Washington. The total population is 6,976. It ranks as the 163rd most populous out of 631 cities and towns in Washington.
Age Demographics
The median age in Parkwood CDP is 39.4 years. This is 3% higher than the state median of 38.2 years.
Economy, Income & Housing
The median household income in Parkwood CDP is $92,188. This is 3% lower than the state median of $94,952. Compared to the national median of $78,538, household income here is 17% higher. The poverty rate stands at 4.4%. This is 56% 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 1.1%. This is 77% lower than the state rate of 5.0%. The median home value is $418,100. Housing costs are 20% lower than the state median of $519,800. The home-value-to-income ratio is 4.5x. 62.7% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 63.9%.
Race & Ethnicity
The largest racial or ethnic group in Parkwood CDP is White (non-Hispanic), making up 69.8% of the population. Hispanic or Latino residents account for 14.1%. The Black or African American population (1.3%) is well below the state average of 3.8%.
Education
18.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%.
Data Sources & Methodology
All demographic data for Parkwood CDP, Washington is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Washington state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 631 Census-designated places in Washington. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Parkwood CDP, Washington?
Parkwood CDP, Washington has a population of 6,976 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Parkwood CDP, WA?
The median household income in Parkwood CDP is $92,188, which is 17% higher the national median of $78,538.
What is the poverty rate in Parkwood CDP, WA?
The poverty rate in Parkwood CDP is 4.4%. This means approximately 300 residents live below the federal poverty line.
What is the racial makeup of Parkwood CDP, Washington?
Parkwood CDP's population is 69.8% White, 1.3% Black, 14.1% Hispanic/Latino, and 5.7% Asian.
What is the median home value in Parkwood CDP, WA?
The median home value in Parkwood CDP is $418,100. The home-value-to-income ratio is 4.5x.
How educated is Parkwood CDP, Washington?
18.4% of adults (25+) in Parkwood CDP hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.