Canterwood, WA
Population 2,964 · Washington
About Canterwood, WA
Canterwood is a small town located in Washington with a population of 2,964 residents according to the latest US Census Bureau American Community Survey data. The median household income is $128,676 per year, which is 71% above the national median of $75,149. The median age of 50.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Canterwood features a median home value of $853,500, which is 249% above the national median of $244,900. This places Canterwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,051, 76% above the national average of $1,163/month. Of the 1,075 total housing units, 94% are owner-occupied (997 units) and 6% are renter-occupied (61 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Canterwood shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 4.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Canterwood have an average one-way commute time of 33.7 minutes.
Education & Demographics
51.6% of Canterwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 2.6% Hispanic or Latino, 1.7% Black or African American, and 2.1% Asian residents, with 7.5% of the population being foreign-born.
Cost of Living in Canterwood, WA
Compared to national averages, Canterwood has a median household income of $128,676 (71% above the national median of $75,149). Home values average $853,500, which is 249% above the national median. Monthly rent at $2,051 is 76% above the US average of $1,163. Within Washington, Canterwood's income is 42% above the state average of $90,795, and home values are 85% above the state median of $460,491.
Why Live in Canterwood, WA?
Canterwood offers a strong local economy with a median household income of $128,676, well above the national average, and a well-educated community where 51.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $853,500. However, Canterwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Canterwood has a population of 2,964 with a median age of 50.1 years. Compare Canterwood with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Canterwood
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Desert Aire | 2,953 | $83,482 | $434,600 | Compare |
| Port Ludlow | 2,979 | $92,245 | $590,500 | Compare |
| Meadowdale | 2,948 | $147,813 | $753,600 | Compare |
| Sisco Heights | 2,942 | $119,871 | $700,100 | Compare |
| Everson | 2,989 | $82,750 | $434,900 | Compare |
| Arlington Heights | 2,990 | $118,529 | $688,000 | Compare |
| Kalama | 2,996 | $103,438 | $428,000 | Compare |
| Chico | 3,016 | $124,700 | $620,300 | 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 Canterwood With Other Cities
Frequently Asked Questions about Canterwood
What is the population of Canterwood, WA?
The population of Canterwood, WA is 2,964 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Washington.
What is the median household income in Canterwood?
The median household income in Canterwood, WA is $128,676 per year, which is 71% above the national median of $75,149.
What is the median home value in Canterwood?
The median home value in Canterwood, WA is $853,500, which is 249% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Canterwood?
The median monthly rent in Canterwood, WA is $2,051, which is 76% above the national average of $1,163/month.
What is the unemployment rate in Canterwood?
The unemployment rate in Canterwood, WA is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Canterwood, WA a good place to live?
Canterwood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,964 and a median age of 50.1, the city appeals to established professionals and retirees.
How educated is Canterwood, WA?
51.6% of residents in Canterwood 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 Canterwood?
Key cost-of-living indicators for Canterwood, WA: median home value is $853,500 (249% above national), median rent is $2,051/month, and median household income is $128,676. The home-value-to-income ratio is 6.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Canterwood?
The poverty rate in Canterwood, WA is 4.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Canterwood, WA?
Canterwood's population is 1.5% White, 2.6% Hispanic or Latino, 1.7% Black or African American, 2.1% Asian, and 0.0% two or more races. 7.5% of residents are foreign-born.