Silverdale, WA
Population 21,046 · Washington
About Silverdale, WA
Silverdale is a mid-sized city located in Washington with a population of 21,046 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,445 per year, which is 35% above the national median of $75,149. The median age of 38.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Silverdale features a median home value of $507,600, which is 107% above the national median of $244,900. This places Silverdale in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,056, 77% above the national average of $1,163/month. Of the 9,164 total housing units, 53% are owner-occupied (4,460 units) and 47% are renter-occupied (4,030 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Silverdale shows an unemployment rate of 5.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Silverdale have an average one-way commute time of 25.3 minutes.
Education & Demographics
35.7% of Silverdale 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 7.0% White, 2.6% Hispanic or Latino, 0.7% Black or African American, and 1.1% Asian residents, with 9.6% of the population being foreign-born.
Cost of Living in Silverdale, WA
Compared to national averages, Silverdale has a median household income of $101,445 (35% above the national median of $75,149). Home values average $507,600, which is 107% above the national median. Monthly rent at $2,056 is 77% above the US average of $1,163. Within Washington, Silverdale's income is 12% above the state average of $90,795, and home values are 10% above the state median of $460,491.
Why Live in Silverdale, WA?
Silverdale offers a strong local economy with a median household income of $101,445, well above the national average, and a well-educated community where 35.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $507,600. However, Silverdale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silverdale has a population of 21,046 with a median age of 38.8 years. Compare Silverdale with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Silverdale
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bothell West | 21,014 | $144,941 | $757,700 | Compare |
| Covington | 20,957 | $126,730 | $590,100 | Compare |
| Mill Creek | 20,846 | $121,578 | $836,300 | Compare |
| Battle Ground | 21,293 | $100,185 | $452,000 | Compare |
| Mukilteo | 21,312 | $122,612 | $830,000 | Compare |
| Mountlake Terrace | 21,419 | $101,404 | $606,100 | Compare |
| Five Corners | 21,444 | $102,423 | $432,800 | Compare |
| Tukwila | 21,479 | $80,534 | $462,800 | 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 Silverdale With Other Cities
Frequently Asked Questions about Silverdale
What is the population of Silverdale, WA?
The population of Silverdale, WA is 21,046 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 Silverdale?
The median household income in Silverdale, WA is $101,445 per year, which is 35% above the national median of $75,149.
What is the median home value in Silverdale?
The median home value in Silverdale, WA is $507,600, which is 107% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Silverdale?
The median monthly rent in Silverdale, WA is $2,056, which is 77% above the national average of $1,163/month.
What is the unemployment rate in Silverdale?
The unemployment rate in Silverdale, WA is 5.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Silverdale, WA a good place to live?
Silverdale offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 21,046 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Silverdale, WA?
35.7% of residents in Silverdale 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 Silverdale?
Key cost-of-living indicators for Silverdale, WA: median home value is $507,600 (107% above national), median rent is $2,056/month, and median household income is $101,445. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Silverdale?
The poverty rate in Silverdale, WA is 7.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Silverdale, WA?
Silverdale's population is 7.0% White, 2.6% Hispanic or Latino, 0.7% Black or African American, 1.1% Asian, and 6.2% two or more races. 9.6% of residents are foreign-born.