Lake Goodwin, WA
Population 5,682 · Washington
About Lake Goodwin, WA
Lake Goodwin is a small community in Washington with a population of 5,682 residents. The median household income is $104,028 per year, which is above the national average. The median age in Lake Goodwin is 52.4 years.
Housing in Lake Goodwin has a median home value of $670,200 and median monthly rent of $1,439. Of the 2,389 total housing units, the majority are owner-occupied, with 2,104 owner-occupied and 136 renter-occupied units.
The unemployment rate in Lake Goodwin is 3.3% and the poverty rate is 4.6%. 27.9% of residents hold a bachelor's degree or higher. The average commute time is 38.6 minutes.
Cost of Living in Lake Goodwin, WA
Compared to national averages, Lake Goodwin has a median household income of $104,028 (38% above the national median of $75,149). Home values average $670,200, which is 174% above the national median. Monthly rent at $1,439 is 24% above the US average of $1,163. Within Washington, Lake Goodwin's income is 15% above the state average of $90,795, and home values are 46% above the state median of $460,491.
Why Live in Lake Goodwin, WA?
Lake Goodwin offers a strong local economy with a median household income of $104,028, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a low poverty rate of 4.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $670,200. However, Lake Goodwin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Goodwin has a population of 5,682 with a median age of 52.4 years. Compare Lake Goodwin with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Lake Goodwin
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Black Diamond | 5,678 | $144,728 | $776,400 | Compare |
| West Clarkston-Highland | 5,678 | $52,406 | $253,200 | Compare |
| Tracyton | 5,658 | $87,064 | $435,400 | Compare |
| Finley | 5,734 | $87,824 | $296,900 | Compare |
| Maplewood | 5,766 | $129,659 | $657,400 | Compare |
| Sultan | 5,770 | $85,278 | $455,500 | Compare |
| Suncrest | 5,590 | $101,964 | $469,600 | Compare |
| East Port Orchard | 5,581 | $72,639 | $394,100 | 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.
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Frequently Asked Questions about Lake Goodwin
What is the population of Lake Goodwin, WA?
The population of Lake Goodwin, WA is 5,682 according to the latest Census data.
What is the median household income in Lake Goodwin?
The median household income in Lake Goodwin, WA is $104,028 per year.
What is the median home value in Lake Goodwin?
The median home value in Lake Goodwin, WA is $670,200.
What is the average rent in Lake Goodwin?
The median monthly rent in Lake Goodwin, WA is $1,439.
What is the unemployment rate in Lake Goodwin?
The unemployment rate in Lake Goodwin, WA is 3.3%.