Alderwood Manor, WA
Population 10,168 · Washington
About Alderwood Manor, WA
Alderwood Manor is a mid-sized city located in Washington with a population of 10,168 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,077 per year, which is 57% above the national median of $75,149. The median age of 38.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Alderwood Manor features a median home value of $651,300, which is 166% above the national median of $244,900. This places Alderwood Manor in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,933, 66% above the national average of $1,163/month. Of the 3,572 total housing units, 73% are owner-occupied (2,529 units) and 27% are renter-occupied (941 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Alderwood Manor shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 5.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Alderwood Manor have an average one-way commute time of 31.5 minutes.
Education & Demographics
38.6% of Alderwood Manor residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 9.3% White, 3.9% Hispanic or Latino, 0.5% Black or African American, and 3.2% Asian residents, with 25.4% of the population being foreign-born.
Cost of Living in Alderwood Manor, WA
Compared to national averages, Alderwood Manor has a median household income of $118,077 (57% above the national median of $75,149). Home values average $651,300, which is 166% above the national median. Monthly rent at $1,933 is 66% above the US average of $1,163. Within Washington, Alderwood Manor's income is 30% above the state average of $90,795, and home values are 41% above the state median of $460,491.
Why Live in Alderwood Manor, WA?
Alderwood Manor offers a strong local economy with a median household income of $118,077, well above the national average, and a well-educated community where 38.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $651,300. However, Alderwood Manor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Alderwood Manor has a population of 10,168 with a median age of 38.3 years. Compare Alderwood Manor with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Alderwood Manor
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Snohomish | 10,177 | $84,688 | $599,600 | Compare |
| Port Townsend | 10,290 | $60,015 | $502,500 | Compare |
| DuPont | 9,952 | $114,423 | $550,200 | Compare |
| Vashon | 10,424 | $115,750 | $717,700 | Compare |
| Fairwood CDP (Spokane County), Washington | 10,439 | $84,911 | $435,200 | Compare |
| Picnic Point | 9,833 | $128,295 | $747,600 | Compare |
| College Place | 9,828 | $59,768 | $335,000 | Compare |
| Lake Morton-Berrydale | 10,591 | $127,074 | $661,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Alderwood Manor With Other Cities
Frequently Asked Questions about Alderwood Manor
What is the population of Alderwood Manor, WA?
The population of Alderwood Manor, WA is 10,168 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Washington.
What is the median household income in Alderwood Manor?
The median household income in Alderwood Manor, WA is $118,077 per year, which is 57% above the national median of $75,149.
What is the median home value in Alderwood Manor?
The median home value in Alderwood Manor, WA is $651,300, which is 166% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alderwood Manor?
The median monthly rent in Alderwood Manor, WA is $1,933, which is 66% above the national average of $1,163/month.
What is the unemployment rate in Alderwood Manor?
The unemployment rate in Alderwood Manor, WA is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Alderwood Manor, WA a good place to live?
Alderwood Manor offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,168 and a median age of 38.3, the city appeals to a broad range of residents.
How educated is Alderwood Manor, WA?
38.6% of residents in Alderwood Manor aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Alderwood Manor?
Key cost-of-living indicators for Alderwood Manor, WA: median home value is $651,300 (166% above national), median rent is $1,933/month, and median household income is $118,077. The home-value-to-income ratio is 5.5x, a moderate figure by national standards.
What is the poverty rate in Alderwood Manor?
The poverty rate in Alderwood Manor, WA is 5.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Alderwood Manor, WA?
Alderwood Manor's population is 9.3% White, 3.9% Hispanic or Latino, 0.5% Black or African American, 3.2% Asian, and 8.1% two or more races. 25.4% of residents are foreign-born.