Housing data for Parkwood, WA

Parkwood, WA has an estimated 6,873 residents and 2,902 homes (US Census Bureau, 2020–2024 American Community Survey).

It is an unincorporated community in Kitsap County.

37.9% of households rent.

The median gross rent is $1,778 a month.

Figures last updated on .

Residents
6,873 (±782)
Housing units
2,902 (±218)
Households that rent
37.9%
Median gross rent
$1,778
Residents since 2015–2019
−3.4%

What stands out in Parkwood

Working from home: 7.5% (±3.5 points) in Parkwood, lower than in Kitsap County (16.0%).

Homes built before 1980: 57.6% (±10.1 points) in Parkwood, higher than in Kitsap County (39.7%).

Households that rent: 37.9% (±6.9 points) in Parkwood, higher than in Kitsap County (29.9%).

Median home value: $441,400 (±$16,922) in Parkwood, lower than in Kitsap County ($555,100).

Housing in Parkwood at a glance

Parkwood against Kitsap County, its state and the nation

Estimate (90% margin of error)
ParkwoodKitsap CountyWashingtonUnited States
Residents6,873 (±782)277,881 (exact)7,816,116 (exact)334,922,499
Housing units2,902 (±218)116,970 (±136)3,306,620 (±517)143,775,355
Households that rent37.9% (±6.9 points)29.9% (±1.1 points)36.2% (±0.3 points)34.8%
Median gross rent$1,778 (±$165)$1,822 (±$27)$1,760 (±$7)$1,413
Median household income$88,625 (±$17,183)$104,158 (±$1,592)$98,141 (±$414)$80,734
Median home value$441,400 (±$16,922)$555,100 (±$8,124)$564,600 (±$1,940)$332,700
Median real estate taxes (a year)$3,492 (±$264)$4,279 (±$67)$4,556 (±$16)$3,119
Built before 198057.6% (±10.1 points)39.7% (±1.4 points)43.4% (±0.3 points)49.7%
Average commute31.2 minutes (±5.1)28.4 minutes (±0.7)26.6 minutes (±0.1)26.4 minutes
Households with broadband94.0% (±3.6 points)95.3% (±0.6 points)93.6% (±0.1 points)91.0%
Median age of residents37.3 years (±4.3)40.2 years (±0.2)38.3 years (±0.1)38.9 years

Parkwood covers 2.6 square miles of land, about 2,632 residents per square mile (Census Bureau Gazetteer).

How Parkwood has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents7,113 (±592)6,873 (±782)−3.4%Not a measurable change
Housing units3,178 (±139)2,902 (±218)−8.7%Measurable decrease
Median gross rent$1,154 (±$55)$1,778 (±$165)+54.1%Up after inflation
Median home value$266,900 (±$17,181)$441,400 (±$16,922)+65.4%Up after inflation
Median household income$60,051 (±$6,651)$88,625 (±$17,183)+47.6%No measurable change after inflation
Median owner cost with a mortgage$1,514 (±$138)$1,944 (±$86)+28.4%No measurable change after inflation
Median real estate taxes$2,458 (±$125)$3,492 (±$264)+42.1%Up after inflation
Households that rent46.3% (±5.0 points)37.9% (±6.9 points)−8.4 percentage pointsNot a measurable change
Rental vacancy rate6.9% (±7.3 points)9.7% (±10.2 points)+2.8 percentage pointsNot a measurable change

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.

Crime reported to police in Kitsap County

Parkwood has no police department of its own in the FBI’s figures, so this is the figure for Kitsap County as a whole.

In 2025, the police departments that report for Kitsap County recorded 206 violent and 1,407 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in Parkwood

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
9836611%36,965$1,738$475,800$92,011

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Parkwood

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
East Port Orchard0.8 mi$1,554$435,90035.3%
Port Orchard1.6 mi$1,797$539,70038.0%
Bethel2.7 mi$1,170$473,90012.4%
Manchester3.3 mi$1,740$478,20013.9%
Navy Yard City3.3 mi$1,714$342,60042.1%
Southworth3.5 mi$1,990$647,30014.0%
Enetai4.2 mi$1,646$454,00029.4%
Bremerton5.4 mi$1,641$439,40051.9%

Places in Washington most like Parkwood

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Tanglewilde$1,852$444,900$100,71432.7%
Clover Creek$1,814$471,900$95,06137.2%
Sedro-Woolley$1,525$441,700$80,88538.9%
Midland$1,546$412,800$84,70041.6%
Steilacoom$1,818$655,000$100,85137.1%
East Port Orchard$1,554$435,900$75,32035.3%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Washington.

HUD Fair Market Rent for Parkwood, fiscal year 2027

Bremerton-Silverdale-Port Orchard, WA MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,370$1,535$1,967$2,637$2,804

HUD income limits for Parkwood, fiscal year 2026

Bremerton-Silverdale-Port Orchard, WA MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$27,250$45,400$72,600
2 people$31,150$51,850$83,000
3 people$35,050$58,350$93,350
4 people$38,900$64,800$103,700
5 people$42,050$70,000$112,000
6 people$45,150$75,200$120,300
7 people$50,040$80,400$128,600
8 people$55,720$85,550$136,900

These are the limits HUD sets for its housing programs in the Bremerton-Silverdale-Port Orchard, WA MSA, where HUD’s median family income for fiscal year 2026 is $129,600.

A program can use its own limits; tax-credit and local programs often do.

Parkwood 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 Parkwood

What is the average rent in Parkwood, WA?

The Census Bureau publishes the median rather than the average: the median gross rent in Parkwood is $1,778 (±$165) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Parkwood?

The median gross rent for a one-bedroom home in Parkwood, WA is $1,443 (±$542) a month (2020–2024 American Community Survey).

Are renters in Parkwood rent-burdened?

46.6% of renting households in Parkwood pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Parkwood?

Parkwood has an estimated 1,030 (±226) renting households, 37.9% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Parkwood?

The median household income in Parkwood is $88,625 (±$17,183) a year (2020–2024 American Community Survey).

What is the average home value in Parkwood, WA?

The Census Bureau publishes the median: $441,400 (±$16,922) for owner-occupied homes in Parkwood (2020–2024 American Community Survey).

Is Parkwood growing?

In Parkwood, the number of residents went from 7,113 in 2015–2019 to 6,873 in 2020–2024 (−3.4%), not a measurable change.

What ZIP codes are in Parkwood?

The ZIP code that covers Parkwood is 98366.

What is the median rent in ZIP code 98366?

The median gross rent in ZIP Code Tabulation Area 98366 is $1,738 (±$68) a month (2020–2024 American Community Survey).

Sources

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) for Parkwood CDP, Washington (place:53440, in state:53).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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 .

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