Woodway, WA
Population 1,174 · Washington
About Woodway, WA
Woodway is a small community in Washington with a population of 1,174 residents. The median household income is $196,500 per year, which is above the national average. The median age in Woodway is 50.7 years.
Housing in Woodway has a median home value of $1,741,100 and median monthly rent of $0. Of the 455 total housing units, the majority are owner-occupied, with 435 owner-occupied and 9 renter-occupied units.
The unemployment rate in Woodway is 1.6% and the poverty rate is 2.5%. 72.5% of residents hold a bachelor's degree or higher. The average commute time is 27.1 minutes.
How Woodway Ranks in Washington
Cost of Living in Woodway, WA
Compared to national averages, Woodway has a median household income of $196,500 (161% above the national median of $75,149). Home values average $1,741,100, which is 611% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Washington, Woodway's income is 116% above the state average of $90,795, and home values are 278% above the state median of $460,491.
Why Live in Woodway, WA?
Woodway offers a strong local economy with a median household income of $196,500, 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 1.6%. Additionally, the city features a well-educated community where 72.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,741,100. However, Woodway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Woodway has a population of 1,174 with a median age of 50.7 years. Compare Woodway with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Woodway
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crocker | 1,173 | $104,049 | $296,400 | Compare |
| Clear Lake CDP (Skagit County), Washington | 1,176 | $64,313 | $528,600 | Compare |
| Swede Heaven | 1,163 | $111,302 | $448,800 | Compare |
| Kittitas | 1,186 | $66,150 | $278,100 | Compare |
| West Pasco | 1,157 | $129,224 | $443,500 | Compare |
| Yarrow Point | 1,192 | $250,001 | $2,000,001 | Compare |
| Entiat | 1,151 | $76,250 | $336,400 | Compare |
| North Bonneville | 1,151 | $81,809 | $378,900 | 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 Woodway
What is the population of Woodway, WA?
The population of Woodway, WA is 1,174 according to the latest Census data.
What is the median household income in Woodway?
The median household income in Woodway, WA is $196,500 per year.
What is the median home value in Woodway?
The median home value in Woodway, WA is $1,741,100.
What is the average rent in Woodway?
The median monthly rent in Woodway, WA is $0.
What is the unemployment rate in Woodway?
The unemployment rate in Woodway, WA is 1.6%.