Last updated: 2024 BLS data · Page refreshed:
Parkwood has a population of 6,873 with a median age of 37.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 6,873 |
| Median Age | 37.3 |
| White | 70.8% |
| Black or African American | 1.9% |
| Asian | 3.6% |
| Hispanic or Latino | 13.1% |
| Other / Two or More Races | 10.6% |
The median household income in Parkwood is $88,625, which is 9.9% above the national median of $80,610. The per capita income is $41,298. The poverty rate is 7.6%.
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In Parkwood, 92.9% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (3.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.9% |
| Bachelor's Degree or Higher | 22.7% |
| Graduate or Professional Degree | 3.7% |
The median home value in Parkwood is $441,400, above the national median of $303,400. The median monthly rent is $1,778. The homeownership rate is 62.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $441,400 |
| Median Monthly Rent | $1,778 |
| Homeownership Rate | 62.1% |
| Vacancy Rate | 6.3% |
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