Lake Cavanaugh, WA
Population 305 · Washington
About Lake Cavanaugh, WA
Lake Cavanaugh is a small community located in Washington with a population of 305 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,875 per year, which is 42% above the national median of $75,149. The median age of 71 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 Lake Cavanaugh features a median home value of $601,000, which is 145% above the national median of $244,900. This places Lake Cavanaugh in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 350 total housing units, 100% are owner-occupied (184 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Cavanaugh shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Cavanaugh have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
61.3% of Lake Cavanaugh 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 15.1% of the population being foreign-born.
How Lake Cavanaugh Ranks in Washington
Cost of Living in Lake Cavanaugh, WA
Compared to national averages, Lake Cavanaugh has a median household income of $106,875 (42% above the national median of $75,149). Home values average $601,000, which is 145% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Washington, Lake Cavanaugh's income is 18% above the state average of $90,795, and home values are 31% above the state median of $460,491.
Why Live in Lake Cavanaugh, WA?
Lake Cavanaugh offers a strong local economy with a median household income of $106,875, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 61.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $601,000. However, Lake Cavanaugh’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Cavanaugh has a population of 305 with a median age of 71 years. Compare Lake Cavanaugh with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Lake Cavanaugh
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ravensdale | 308 | $144,615 | $1,284,100 | Compare |
| Skamokawa Valley | 311 | $0 | $290,000 | Compare |
| Elmer City | 297 | $60,250 | $180,500 | Compare |
| North Sultan | 295 | $0 | $440,600 | Compare |
| Beaux Arts Village | 294 | $250,001 | $2,000,001 | Compare |
| Glacier | 292 | $0 | $447,500 | Compare |
| Marblemount | 318 | $99,006 | $295,300 | Compare |
| Colton | 291 | $97,188 | $302,900 | 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.
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Frequently Asked Questions about Lake Cavanaugh
What is the population of Lake Cavanaugh, WA?
The population of Lake Cavanaugh, WA is 305 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Washington.
What is the median household income in Lake Cavanaugh?
The median household income in Lake Cavanaugh, WA is $106,875 per year, which is 42% above the national median of $75,149.
What is the median home value in Lake Cavanaugh?
The median home value in Lake Cavanaugh, WA is $601,000, which is 145% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Cavanaugh?
The median monthly rent in Lake Cavanaugh, WA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Cavanaugh?
The unemployment rate in Lake Cavanaugh, WA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Cavanaugh, WA a good place to live?
Lake Cavanaugh offers above-average incomes, a competitive housing market, and a strong job market. With a population of 305 and a median age of 71, the city appeals to established professionals and retirees.
How educated is Lake Cavanaugh, WA?
61.3% of residents in Lake Cavanaugh 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 Lake Cavanaugh?
Key cost-of-living indicators for Lake Cavanaugh, WA: median home value is $601,000 (145% above national), median rent is $0/month, and median household income is $106,875. The home-value-to-income ratio is 5.6x, a moderate figure by national standards.
What is the poverty rate in Lake Cavanaugh?
The poverty rate in Lake Cavanaugh, WA is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Cavanaugh, WA?
Lake Cavanaugh's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 15.1% of residents are foreign-born.