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Woodway, Washington Demographics & Population 2026

Expensive MarketHome value to income ratio of 9.8x indicates a costly housing market

During the 2020–2024 ACS period, Woodway, Washington had a total population of 1,251, the 370th largest city in Washington, with a median household income of $204,583, which is 108% higher than the state average. The poverty rate is 2.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Woodway Quick Facts

Population 1,251
Median Household Income $204,583
Median Home Value $2,000,000+
Poverty Rate 2.1%
Unemployment Rate 0.7%
Median Age 47.8 years
Homeownership Rate 96.6%
Affordability Ratio 9.8x
Bachelor's Degree or Higher 71.8%
High School Graduation Rate 98.7%
Diversity Index 36/100
Population 1,251 370th of 628
Median Income $204,583 top 10%
Poverty Rate 2.1% 83% lower than national
Median Home Value $2,000,000+ top 10%

How Woodway Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,1741,251+6.6%
Median household income$196,500$204,583+4.1%
Median home value$1,741,100$2,000,000++14.9%

How Woodway Compares

Economy & Housing

Household Income Distribution

Under $25K 3.2%
$25K-$50K 13.5%
$50K-$100K 6.0%
$100K+ 77.3%
Detailed income brackets
Under $10K
1.3%
$10K-$15K
0.6%
$15K-$20K
0.4%
$20K-$25K
0.9%
$25K-$30K
0.0%
$30K-$35K
9.4%
$35K-$40K
0.0%
$40K-$45K
2.4%
$45K-$50K
1.7%
$50K-$60K
1.5%
$60K-$75K
0.6%
$75K-$100K
3.9%
$100K-$125K
8.8%
$125K-$150K
7.3%
$150K-$200K
9.4%
$200K+
51.8%

Employment

0.7% Unemployment Rate State: 5.1%|National: 5.2%
55.3% Labor Force Participation

Housing Overview

Owner 96.6%
Renter 3.4%
Affordability Index Very Expensive
9.8x home value to income ratio

People & Demographics

Diversity Index

36out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 56 | National average: 61

Education

Woodway Rankings in Washington

#370 Population of 628
#13 Median Income of 570
#13 Education of 628
#1 Home Value of 584

Other Cities in Snohomish County

CityPopulationMedian IncomePovertyHome 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 Woodway

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ames Lake1,245$250,000+$1,225,00063.3%1.1%
Grapeview1,088N/A$477,70032.3%5.7%
Yarrow Point1,198$250,000+$2,000,000+86.3%4.5%
Machias1,276$151,875$714,10034.3%5.1%
Lake Ketchum1,235$136,211$543,00025.9%6.4%

Population Overview

Woodway is a small community located in Washington, within Snohomish County. The total population is 1,251. It ranks as the 370th most populous out of 628 Census-designated places in Washington.

Age Demographics

The median age in Woodway is 47.8 years. This is 25% higher than the state median of 38.3 years. 10.2% 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 is $204,583. This is 108% higher than the state median of $98,141. It is also 153% higher than the national median of $80,734. The poverty rate stands at 2.1%. This is 79% 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 0.7%. This is 86% lower than the state rate of 5.1%. The median home value is $2,000,000+. Housing costs are 254% higher than the state median of $564,600. The home-value-to-income ratio of 9.8x suggests that housing affordability is a significant concern for many residents. 96.6% of occupied housing units are owner-occupied. This homeownership rate is 51% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Woodway is White (non-Hispanic), making up 78.7% of the population. Asian residents account for 8.5%. The Black or African American population (1.9%) is well below the state average of 3.9%. The Hispanic or Latino population (1.9%) is well below the state average of 14.4%.

Education

71.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Woodway in the top 10% of all cities in the state for educational attainment. This is 81% higher 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 98.7%. Notably, 28.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Woodway, 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 Woodway, Washington?

Woodway, Washington has a population of 1,251 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Woodway, WA?

The median household income in Woodway is $204,583, which is 153% higher than the national median of $80,734.

What is the poverty rate in Woodway, WA?

The poverty rate in Woodway is 2.1%. This means approximately 26 residents live below the federal poverty line.

What is the racial makeup of Woodway, Washington?

Woodway's population is 78.7% White, 1.9% Black, 1.9% Hispanic/Latino, and 8.5% Asian.

What is the median home value in Woodway, WA?

The median home value in Woodway is $2,000,000+. The home-value-to-income ratio is 9.8x.

How educated is Woodway, Washington?

71.8% of adults (25+) in Woodway hold a bachelor's degree or higher, and 28.2% hold a graduate or professional degree.