Five Corners, WA
Population 21,444 · Washington
About Five Corners, WA
Five Corners is a mid-sized city located in Washington with a population of 21,444 residents according to the latest US Census Bureau American Community Survey data. The median household income is $102,423 per year, which is 36% above the national median of $75,149. The median age of 37.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Five Corners features a median home value of $432,800, which is 77% above the national median of $244,900. This places Five Corners in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,948, 67% above the national average of $1,163/month. Of the 7,520 total housing units, 76% are owner-occupied (5,529 units) and 24% are renter-occupied (1,790 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Five Corners shows an unemployment rate of 4.1%, 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 Five Corners have an average one-way commute time of 24.9 minutes.
Education & Demographics
24.6% of Five Corners 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 8.6% White, 2.1% Hispanic or Latino, 0.3% Black or African American, and 1.7% Asian residents, with 15.2% of the population being foreign-born.
Cost of Living in Five Corners, WA
Compared to national averages, Five Corners has a median household income of $102,423 (36% above the national median of $75,149). Home values average $432,800, which is 77% above the national median. Monthly rent at $1,948 is 67% above the US average of $1,163. Within Washington, Five Corners's income is 13% above the state average of $90,795, and home values are 6% below the state median of $460,491.
Why Live in Five Corners, WA?
Five Corners offers a strong local economy with a median household income of $102,423, well above the national average, and a low poverty rate of 8.4%, better than the national average, and short commute times averaging just 24.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $432,800. However, Five Corners’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Five Corners has a population of 21,444 with a median age of 37.4 years. Compare Five Corners with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Five Corners
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mountlake Terrace | 21,419 | $101,404 | $606,100 | Compare |
| Tukwila | 21,479 | $80,534 | $462,800 | Compare |
| Mukilteo | 21,312 | $122,612 | $830,000 | Compare |
| Battle Ground | 21,293 | $100,185 | $452,000 | Compare |
| Silver Firs | 21,796 | $153,026 | $791,700 | Compare |
| Silverdale | 21,046 | $101,445 | $507,600 | Compare |
| Bothell West | 21,014 | $144,941 | $757,700 | Compare |
| Covington | 20,957 | $126,730 | $590,100 | 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 Five Corners With Other Cities
Frequently Asked Questions about Five Corners
What is the population of Five Corners, WA?
The population of Five Corners, WA is 21,444 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 Five Corners?
The median household income in Five Corners, WA is $102,423 per year, which is 36% above the national median of $75,149.
What is the median home value in Five Corners?
The median home value in Five Corners, WA is $432,800, which is 77% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Five Corners?
The median monthly rent in Five Corners, WA is $1,948, which is 67% above the national average of $1,163/month.
What is the unemployment rate in Five Corners?
The unemployment rate in Five Corners, WA is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Five Corners, WA a good place to live?
Five Corners offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 21,444 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is Five Corners, WA?
24.6% of residents in Five Corners aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Five Corners?
Key cost-of-living indicators for Five Corners, WA: median home value is $432,800 (77% above national), median rent is $1,948/month, and median household income is $102,423. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Five Corners?
The poverty rate in Five Corners, 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 Five Corners, WA?
Five Corners's population is 8.6% White, 2.1% Hispanic or Latino, 0.3% Black or African American, 1.7% Asian, and 1.0% two or more races. 15.2% of residents are foreign-born.