Fairwood CDP (Spokane County), Washington, WA
Population 10,439 · Washington
About Fairwood CDP (Spokane County), Washington, WA
Fairwood CDP (Spokane County), Washington is a mid-sized city located in Washington with a population of 10,439 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,911 per year, which is 13% above the national median of $75,149. The median age of 42.4 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 Fairwood CDP (Spokane County), Washington features a median home value of $435,200, which is 78% above the national median of $244,900. This places Fairwood CDP (Spokane County), Washington in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,191, 2% above the national average of $1,163/month. Of the 4,036 total housing units, 70% are owner-occupied (2,756 units) and 30% are renter-occupied (1,180 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fairwood CDP (Spokane County), Washington shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 8.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fairwood CDP (Spokane County), Washington have an average one-way commute time of 30.4 minutes.
Education & Demographics
45.0% of Fairwood CDP (Spokane County), Washington 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 2.5% White, 1.6% Hispanic or Latino, 1.4% Black or African American, and 0.4% Asian residents, with 4.8% of the population being foreign-born.
Cost of Living in Fairwood CDP (Spokane County), Washington, WA
Compared to national averages, Fairwood CDP (Spokane County), Washington has a median household income of $84,911 (13% above the national median of $75,149). Home values average $435,200, which is 78% above the national median. Monthly rent at $1,191 is 2% above the US average of $1,163. Within Washington, Fairwood CDP (Spokane County), Washington's income is 6% below the state average of $90,795, and home values are 5% below the state median of $460,491.
Why Live in Fairwood CDP (Spokane County), Washington, WA?
Fairwood CDP (Spokane County), Washington offers a strong local economy with a median household income of $84,911, well above the national average, and a well-educated community where 45.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $435,200. However, Fairwood CDP (Spokane County), Washington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fairwood CDP (Spokane County), Washington has a population of 10,439 with a median age of 42.4 years. Compare Fairwood CDP (Spokane County), Washington with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Fairwood CDP (Spokane County), Washington
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vashon | 10,424 | $115,750 | $717,700 | Compare |
| Port Townsend | 10,290 | $60,015 | $502,500 | Compare |
| Lake Morton-Berrydale | 10,591 | $127,074 | $661,400 | Compare |
| Yelm | 10,618 | $88,279 | $439,100 | Compare |
| Shelton | 10,619 | $60,589 | $296,100 | Compare |
| Mount Vista | 10,635 | $101,189 | $526,200 | Compare |
| Sumner | 10,674 | $98,376 | $478,500 | Compare |
| Felida | 10,695 | $150,430 | $643,600 | 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 Fairwood CDP (Spokane County), Washington With Other Cities
Frequently Asked Questions about Fairwood CDP (Spokane County), Washington
What is the population of Fairwood CDP (Spokane County), Washington, WA?
The population of Fairwood CDP (Spokane County), Washington, WA is 10,439 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 Fairwood CDP (Spokane County), Washington?
The median household income in Fairwood CDP (Spokane County), Washington, WA is $84,911 per year, which is 13% above the national median of $75,149.
What is the median home value in Fairwood CDP (Spokane County), Washington?
The median home value in Fairwood CDP (Spokane County), Washington, WA is $435,200, which is 78% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fairwood CDP (Spokane County), Washington?
The median monthly rent in Fairwood CDP (Spokane County), Washington, WA is $1,191, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Fairwood CDP (Spokane County), Washington?
The unemployment rate in Fairwood CDP (Spokane County), Washington, 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 Fairwood CDP (Spokane County), Washington, WA a good place to live?
Fairwood CDP (Spokane County), Washington offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,439 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Fairwood CDP (Spokane County), Washington, WA?
45.0% of residents in Fairwood CDP (Spokane County), Washington 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 Fairwood CDP (Spokane County), Washington?
Key cost-of-living indicators for Fairwood CDP (Spokane County), Washington, WA: median home value is $435,200 (78% above national), median rent is $1,191/month, and median household income is $84,911. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Fairwood CDP (Spokane County), Washington?
The poverty rate in Fairwood CDP (Spokane County), Washington, WA is 8.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fairwood CDP (Spokane County), Washington, WA?
Fairwood CDP (Spokane County), Washington's population is 2.5% White, 1.6% Hispanic or Latino, 1.4% Black or African American, 0.4% Asian, and 0.8% two or more races. 4.8% of residents are foreign-born.