What is the median household income in Fairwood (King County), WA?
The median household income in Fairwood (King County), WA is $122,134 (±$7,819) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,233 a month would take about $89,300 a year at the common guideline of spending no more than 30% of income on rent.
In Fairwood (King County), the median household income went from $97,398 in 2015–2019 to $122,134 in 2020–2024 (+25.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $122,134 (±$7,819)
- Median renter income
- $80,347 (±$22,227)
- Income to afford median rent
- about $89,300
Income in Fairwood (King County) against King County, its state and the nation
| Fairwood (King County) | King County | Washington | United States | |
|---|---|---|---|---|
| Median household income | $122,134 (±$7,819) | $124,746 (±$968) | $98,141 (±$414) | $80,734 |
| Median renter household income | $80,347 (±$22,227) | $85,547 (±$1,255) | $66,868 (±$600) | $52,966 |
| Median owner household income | $142,167 (±$12,477) | $166,370 (±$1,692) | $119,764 (±$583) | $100,009 |
| Median gross rent | $2,233 (±$103) | $2,092 (±$13) | $1,760 (±$7) | $1,413 |
In Fairwood (King County), median household income is not measurably different from King County ($124,746).
It is also higher than in Washington ($98,141).
It is higher than the national figure ($80,734).
In King County, Fairwood (King County) ranks 40 of 59 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 99 of 467.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Fairwood (King County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,233 a month ($26,796 a year) needs an income of about $89,300 a year.
The median renting household in Fairwood (King County) earns $80,347 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $97,398 (±$6,774) | $122,134 (±$7,819) | +25.4% | No measurable change after inflation |
| Median gross rent | $1,719 (±$63) | $2,233 (±$103) | +29.9% | No measurable change after inflation |
| Median home value | $424,800 (±$10,039) | $733,200 (±$25,634) | +72.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Fairwood (King County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Fairwood (King County) | — | $122,134 (±$7,819) | — |
| Maple Heights-Lake Desire | 2.4 mi | $143,148 (±$21,004) | Not measurably different |
| East Renton Highlands | 3.2 mi | $142,500 (±$29,333) | Not measurably different |
| Renton | 3.3 mi | $100,432 (±$3,956) | Lower |
| Shadow Lake | 4.1 mi | $152,552 (±$60,560) | Not measurably different |
| Kent | 5.2 mi | $92,302 (±$3,984) | Lower |
| Bryn Mawr-Skyway | 5.6 mi | $90,969 (±$9,131) | Lower |
| Covington | 5.9 mi | $134,502 (±$8,675) | Higher |
| Newcastle | 5.9 mi | $160,278 (±$25,737) | Higher |
Nearby places with a measurably lower figure: Renton, WA ($100,432), Kent, WA ($92,302), Bryn Mawr-Skyway, WA ($90,969).
Nearby places with a measurably higher figure: Covington, WA ($134,502), Newcastle, WA ($160,278).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across King County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 34 | Black Diamond | $141,383 (±$13,982) |
| 35 | Bothell | $140,427 (±$7,991) |
| 36 | Kenmore | $139,764 (±$15,442) |
| 37 | Covington | $134,502 (±$8,675) |
| 38 | Lake Morton-Berrydale | $129,833 (±$11,241) |
| 39 | Seattle | $123,860 (±$2,244) |
| 40 | Fairwood (King County) | $122,134 (±$7,819) |
| 41 | Enumclaw | $121,250 (±$8,840) |
| 42 | Vashon | $120,571 (±$11,711) |
| 43 | Pacific | $115,625 (±$22,316) |
| 44 | Shoreline | $112,751 (±$7,851) |
| 45 | Lakeland South | $110,735 (±$6,548) |
| 46 | Lakeland North | $105,216 (±$11,773) |
Showing 13 of 59 places in King County, ranked from highest to lowest.
Fairwood (King County) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Fairwood (King County)
What is the median household income in Fairwood (King County)?
The median household income in Fairwood (King County) is $122,134 (±$7,819) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Fairwood (King County)?
About $89,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,233 a month.
Have incomes in Fairwood (King County) kept up with inflation?
In Fairwood (King County), the median household income went from $97,398 in 2015–2019 to $122,134 in 2020–2024 (+25.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Fairwood (King County)?
The median renting household in Fairwood (King County), WA earns $80,347 (±$22,227) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fairwood CDP (King County), Washington
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fairwood CDP (King County), Washington
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairwood CDP (King County), Washington
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fairwood CDP (King County), Washington
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairwood CDP (King County), Washington
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fairwood CDP (King County), Washington
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Fairwood CDP (King County), Washington (place:23160, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Fairwood (King County)
- Rent by bedrooms in Fairwood (King County)
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- Renters and owners in Fairwood (King County)
- Home values in Fairwood (King County)
- Homeowner costs in Fairwood (King County)
- Property taxes in Fairwood (King County)
- Types of homes in Fairwood (King County)
- Bedrooms in Fairwood (King County)
- Age of homes in Fairwood (King County)
- Vacancy rate in Fairwood (King County)
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- Population growth in Fairwood (King County)
- How long people stay in Fairwood (King County)
- Crowding and facilities in Fairwood (King County)
- Fair Market Rent in Fairwood (King County)
- Washington landlord and tenant rules
- Housing across King County
- Washington places ranked by median household income
- Housing data for every place in Washington