Woodway city, Washington Demographics & Population 2026
As of 2026, Woodway city, Washington has a total population of 1,174, the 373rd largest city in Washington, with a median household income of $196,500, which is 107% higher than the state average. The poverty rate is 2.5%.
Key Takeaways
- Household income is 107% above the state average — one of the wealthiest communities in Washington.
- An exceptionally low poverty rate of 2.5% — among the lowest in Washington.
- 72.5% of adults hold a bachelor's degree or higher — top 10% in Washington.
- Housing affordability is a challenge — homes cost 8.9x the median household income.
- Near full employment with an unemployment rate of just 1.6%.
Woodway city Quick Facts
How Woodway city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 55 | National average: 60
Education
Educational Attainment (Adults 25+)
Woodway city Rankings in Washington
Explore Washington Rankings
Cities Similar to Woodway city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Soap Lake city | 1,286 | N/A | $156,300 | 11.6% | 29.5% |
| Yarrow Point town | 1,192 | $250,001 | $2,000,001 | 87.6% | 3.8% |
| Ames Lake CDP | 1,138 | $157,500 | $1,069,900 | 61.2% | 0.8% |
| Lake Marcel-Stillwater CDP | 1,463 | $195,063 | $690,800 | 55.9% | 5.7% |
| West Pasco CDP | 1,157 | $129,224 | $443,500 | 36.6% | 19.5% |
Population Overview
Woodway city is a small community located in Washington. The total population is 1,174. It ranks as the 373rd most populous out of 631 cities and towns in Washington.
Age Demographics
The median age in Woodway city is 50.7 years. This is 33% higher than the state median of 38.2 years. 10.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Woodway city is $196,500. This is 107% higher than the state median of $94,952. Compared to the national median of $78,538, household income here is 150% higher. The poverty rate stands at 2.5%. This is 75% 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 1.6%. This is 69% lower than the state rate of 5.0%. The median home value is $1,741,100. Housing costs are 235% higher than the state median of $519,800. The home-value-to-income ratio of 8.9x suggests that housing affordability is a significant concern for many residents. 98.0% of occupied housing units are owner-occupied. This homeownership rate is 53% higher than the state average of 63.9%.
Race & Ethnicity
The largest racial or ethnic group in Woodway city is White (non-Hispanic), making up 79.0% of the population. Asian residents account for 10.0%. The Black or African American population (1.6%) is well below the state average of 3.8%. The Hispanic or Latino population (1.2%) is well below the state average of 14.1%.
Education
72.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Woodway city in the top 10% of all cities in the state for educational attainment. This is 87% higher 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 98.2%. Notably, 29.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Woodway city, 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 Woodway city, Washington?
Woodway city, Washington has a population of 1,174 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Woodway city, WA?
The median household income in Woodway city is $196,500, which is 150% higher the national median of $78,538.
What is the poverty rate in Woodway city, WA?
The poverty rate in Woodway city is 2.5%. This means approximately 29 residents live below the federal poverty line.
What is the racial makeup of Woodway city, Washington?
Woodway city's population is 79.0% White, 1.6% Black, 1.2% Hispanic/Latino, and 10.0% Asian.
What is the median home value in Woodway city, WA?
The median home value in Woodway city is $1,741,100. The home-value-to-income ratio is 8.9x.
How educated is Woodway city, Washington?
72.5% of adults (25+) in Woodway city hold a bachelor's degree or higher, and 29.7% hold a graduate or professional degree.