Washington · Census place 53440
Parkwood, WA population, income and ZIP codes
Quick answer
The population of the city of Parkwood, Washington (Parkwood, WA — Census place “Parkwood CDP”) is 6,976 residents, ranking #163 of 639 places in Washington. Median household income is $92,188, the median home is worth $418,100 and median gross rent runs $1,746 a month. Looking for the Parkwood Washington ZIP code list? 1 ZIP codes serve Parkwood, WA: 98366.
- Population
- 6,976Parkwood CDP residents
- Median household income
- $92,188Past 12 months, inflation adjusted
- Median home value
- $418,100Owner-occupied units
- Median gross rent
- $1,746Rent plus utilities, monthly
- Median age
- 39.4 yrsAll residents
- Homeownership rate
- 62.7%Owner-occupied households
Parkwood ZIP codes (Washington)
Census ZCTAs whose delivery area overlaps Parkwood.
The Parkwood WA ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Parkwood CDP
Housing cost measured against local earnings.
A household earning the Parkwood CDP median would spend about 22.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.4% of residents and 62.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Parkwood CDP, WA in context
How this area compares with national benchmarks.
Parkwood CDP is a mid-size town in Washington, with 6,976 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #163 of 639 ranked by population — larger than 74% of them. The median age here is 39.4 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in Parkwood CDP earn a median of $92,188 a year, 17.4% above the national figure of $78,538 and within a couple of points of the $90,592 median for the 393 Washington cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 4.4% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Parkwood CDP is valued at $418,100, 37.8% above the national figure and 11% below the $468,400 peer median, while median gross rent runs $1,746 a month, 24.2% above the national figure, or roughly $20,952 across a full year. A household on the local median income would put about 22.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 4.5×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 62.7% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Washington.
- Sudden Valley CDP 6,963
- Woods Creek CDP 7,027
- Wollochet CDP 6,905
- Pacific city 7,064
- Hobart CDP 6,841
- Ocean Shores city 7,076
- Tanglewilde CDP 6,822
- Fircrest city 7,082
Keep going
More Washington coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Parkwood CDP?
- Parkwood CDP has 6,976 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #163 of 639 in Washington.
- What is the median household income in Parkwood CDP?
- Median household income in Parkwood CDP is $92,188 a year, 17.4% above the national figure of $78,538.
- How much does it cost to rent or buy in Parkwood CDP?
- Median gross rent is $1,746 a month and the median home value is $418,100, so rent absorbs about 22.7% of median household income.
- Is Parkwood CDP affordable compared with the rest of the US?
- Homes cost about 4.5× the local median income here versus roughly 3.9× nationally, so Parkwood CDP is less affordable to buy in than the typical US market, and rent takes 22.7% of median income against the 30% cost-burden line.
- How current is this Parkwood CDP data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.