Shadow Lake, WA
Population 2,221 · Washington
About Shadow Lake, WA
Shadow Lake is a small town located in Washington with a population of 2,221 residents according to the latest US Census Bureau American Community Survey data. The median household income is $137,407 per year, which is 83% above the national median of $75,149. The median age of 44.9 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 Shadow Lake features a median home value of $847,100, which is 246% above the national median of $244,900. This places Shadow Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,443, 24% above the national average of $1,163/month. Of the 823 total housing units, 88% are owner-occupied (667 units) and 12% are renter-occupied (93 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shadow Lake shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Shadow Lake have an average one-way commute time of 42 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
30.5% of Shadow Lake 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 4.8% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 5.5% of the population being foreign-born.
Cost of Living in Shadow Lake, WA
Compared to national averages, Shadow Lake has a median household income of $137,407 (83% above the national median of $75,149). Home values average $847,100, which is 246% above the national median. Monthly rent at $1,443 is 24% above the US average of $1,163. Within Washington, Shadow Lake's income is 51% above the state average of $90,795, and home values are 84% above the state median of $460,491.
Why Live in Shadow Lake, WA?
Shadow Lake offers a strong local economy with a median household income of $137,407, well above the national average, and a low poverty rate of 3.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $847,100. However, Shadow Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shadow Lake has a population of 2,221 with a median age of 44.9 years. Compare Shadow Lake with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Shadow Lake
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Geneva | 2,200 | $142,612 | $764,500 | Compare |
| McCleary | 2,262 | $75,652 | $327,100 | Compare |
| Walla Walla East | 2,264 | $87,723 | $580,600 | Compare |
| Newport | 2,269 | $41,733 | $230,500 | Compare |
| Westport | 2,164 | $52,407 | $228,800 | Compare |
| Whidbey Island Station | 2,284 | $42,143 | $0 | Compare |
| Riverbend | 2,150 | $153,489 | $693,700 | Compare |
| Castle Rock | 2,298 | $65,272 | $301,000 | 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 Shadow Lake With Other Cities
Frequently Asked Questions about Shadow Lake
What is the population of Shadow Lake, WA?
The population of Shadow Lake, WA is 2,221 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 Shadow Lake?
The median household income in Shadow Lake, WA is $137,407 per year, which is 83% above the national median of $75,149.
What is the median home value in Shadow Lake?
The median home value in Shadow Lake, WA is $847,100, which is 246% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shadow Lake?
The median monthly rent in Shadow Lake, WA is $1,443, which is 24% above the national average of $1,163/month.
What is the unemployment rate in Shadow Lake?
The unemployment rate in Shadow Lake, WA is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shadow Lake, WA a good place to live?
Shadow Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,221 and a median age of 44.9, the city appeals to a broad range of residents.
How educated is Shadow Lake, WA?
30.5% of residents in Shadow Lake 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 Shadow Lake?
Key cost-of-living indicators for Shadow Lake, WA: median home value is $847,100 (246% above national), median rent is $1,443/month, and median household income is $137,407. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Shadow Lake?
The poverty rate in Shadow Lake, WA is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Shadow Lake, WA?
Shadow Lake's population is 4.8% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.0% two or more races. 5.5% of residents are foreign-born.