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CITY · 2020 ACS

Parkwood

Washington · 7,635 residents · 2.611 sq mi
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The short version

Parkwood has roughly average household income, with a median household income of $62,778. Population has held roughly steady since 2000. 21% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $294,000.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 36.6
US median: 38.8
Less educated
21% hold a bachelor's degree
US average: 33%
Less affordable
home values up 57%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
7,635
+6%since 2000
from 7,213 in 2000
1990 – 2024
Population density
2,924 / sq mi
+6%since 2000
from 2,763 / sq mi in 2000
US average: 280
Median age
36.6
+6%since 2000
from 34.4 in 2000
US average: 38.8
Population, 1990 – 2024
6K7K7K7K8K1990201020202024Parkwood
20247K
1990201020202024
Section 02

Income & economy

Median household income
$62,778
Unchangedinflation adjusted, since 2000
from $41,869 in 2000
US average: $66,278
1990 – 2024
Per capita income
$33,043
+87%since 2000
from $17,643 in 2000
US average: $35,364
Households earning $100K+
41.4%
+10.4 ptssince 2009
from 31.0% in 2009
US average: 43.9%
Poverty rate
7.7%
−1.4 ptssince 2000
from 9.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Information18.9%
US avg: 11.1%
Retail trade9.2%
US avg: 10%
Other services7.4%
US avg: 6.6%
Wholesale trade6.7%
US avg: 6.7%
Finance & insurance4.8%
US avg: 5.5%
Public administration3.7%
US avg: 4.7%
Professional, scientific, technical3.6%
US avg: 4.7%
Education & health services1.3%
US avg: 0.8%
Arts, entertainment, food0.7%
US avg: 2%
Transportation & warehousing0.6%
US avg: 2.5%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$294,000
+57%inflation adjusted, since 2000
from $124,200 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,228
+37%inflation adjusted, since 2000
from $595 in 2000
US average: $1,124
Owner-occupied
58.8%
+0.6 ptssince 2000
from 58.2% in 2000
41.2% rent
Afford Score
4.7
+58%since 2000
from 3.0 in 2000
1990 – 2024
RELATED:See current rent listings in Parkwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic82%(5,918)
Black2.5%(178)
Hispanic / Latino4.3%(312)
Asian4.3%(311)
Other0%
Diversity Score27.4%(1,977)
2020
White, non-Hispanic72%(5,498)
Black2.7%(205)
Hispanic / Latino9.9%(757)
Asian3.5%(271)
Other10.3%(784)
Diversity Score55.2%(4,215)
Diversity Score
55
+101%since 2000
from 27 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.2%
+5.6 ptssince 2000
from 15.5% in 2000
US average: 32.9%
High school or higher
90.6%
+2.4 ptssince 2000
from 88.2% in 2000
US average: 88.5%
Graduate degree
6.0%
+1.2 ptssince 2000
from 4.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
29.9 min
+38%since 2000
from 21.8 min in 2000
US average: 26.9
Drive alone to work
74.9%
+3.9 ptssince 2009
from 71.0% in 2009
US average: 75.1%
No vehicle available
9.6%
+2.7 ptssince 2009
from 7.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.3%
−8.3 ptssince 2011
from 10.6% in 2011
US average: 5.4%
Labor force participation
62.5%
−5.5 ptssince 2011
from 68.0% in 2011
US average: 63.4%
Management & professional
25.8%
−33.9 ptssince 2009
from 59.7% in 2009
US average: 39.3%
Section 08

People & community

Male
47.7%
−3.2 ptssince 2009
from 51.0% in 2009
Female
52.3%
+3.2 ptssince 2009
from 49.0% in 2009
Foreign born
4.7%
−0.7 ptssince 2009
from 5.4% in 2009
US average: 13.5%
Uninsured
2.4%
−80.8 ptssince 2013
from 83.2% in 2013
US average: 8.8%
Drill deeper

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Compare Parkwood to nearby cities

PARKWOOD VS
Port Orchard
Income$89,795+43%
Home value$539,700+84%
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PARKWOOD VS
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Income$74,940+19%
Home value$439,400+49%
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PARKWOOD VS
Bainbridge Island
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Home value$1,155,900+293%
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PARKWOOD VS
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Income$105,483+68%
Home value$555,300+89%
Population20,685+201%
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Frequently asked

How many people live in Parkwood, Washington?

Parkwood, Washington has about 7,635 residents according to the 2020 American Community Survey.

What is the median household income in Parkwood, Washington?

The typical household in Parkwood, Washington earns about $62,778 a year. Half of households make more than that, and half make less.

Is Parkwood, Washington expensive?

In Parkwood, Washington, the median home is worth about $294,000, and the typical rent is about $1,228 a month.

How educated are people in Parkwood, Washington?

About 21.2% of adults age 25 and over in Parkwood, Washington hold a bachelor's degree or higher.

What is the poverty rate in Parkwood, Washington?

About 7.7% of people in Parkwood, Washington live below the federal poverty line.

Has Parkwood, Washington grown since 1990?

Yes, Parkwood, Washington has grown since 1990. The population has added about 782 residents, a change of about 11 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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