Living in Parkway, California
Cost of living, income, home prices, rent and demographics of Parkway · Census data 2020–2024
Parkway has 15,397 residents with a median age of 33.6. The median household income is $64,375 (35% lower than the California median), the median home value is $374,700, the median rent is $1,517/month.
Parkway at a glance
- Population
- 15,397
- Median age
- 33.6State: 37.9
- Median household income
- $64,375State: $99,122
- Median home value
- $374,700State: $734,700
- Median rent
- $1,517/moState: $2,036
- Homeowners
- 46.1%
- Bachelor's degree or higher
- 11.1%
- Average commute
- 25 min
Is Parkway a good place to live?
Pros: Home values 49% lower than the state median; an average commute of 25 minutes.
Cons: Median household income 35% lower than the California median; unemployment of 9.3%; a poverty rate of 22.5%.
The weather is best in April to June and October.
Cost of living in Parkway
Housing is the biggest part of the cost of living. In Parkway the median home value is $374,700, 13% higher than the U.S. median. Renters pay a median of $1,517 per month, which is 33.7% of household income. Homeowners with a mortgage pay $1,790 a month in housing costs.
Parkway median household income
The median household income in Parkway is $64,375 and the income per person is $24,991. 22.5% of residents live below the poverty line (California: 12%).
Housing in Parkway: homes for sale and rent
- Housing units
- 4,983
- Owner-occupied
- 46.1%
- Renter-occupied
- 53.9%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 3.24
Parkway demographics
- Population
- 15,397
- Median age
- 33.6
- Under 18
- 28.2%
- 65 and older
- 12.5%
- Households
- 4,725
- Foreign-born
- 27%
- Veterans
- 4.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Parkway ›
Education in Parkway
11.1% of adults 25 and older in Parkway have a bachelor's degree or higher (California: 37.1%), and 3.9% have a graduate or professional degree.
Jobs and commute in Parkway
- Unemployment rate
- 9.3%State: 6.6%
- Average commute
- 25 minState: 29 min
- Work from home
- 10.2%
- Drive alone
- 73.2%
- Public transit
- 1%
- Walk to work
- 3.1%
- Homes with broadband
- 89.1%
Parkway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parkway | 15,397 | $64,375 | $374,700 | $1,517 |
| Lemon Hill | 15,312 | $48,762 | $349,900 | $1,421 |
| Fruitridge Pocket | 6,095 | $62,528 | $362,200 | $1,473 |
| Florin | 50,211 | $71,111 | $386,900 | $1,622 |
| Sacramento | 528,706 | $87,321 | $506,300 | $1,779 |
| Rosemont | 23,766 | $90,046 | $460,700 | $1,831 |
| West Sacramento | 54,927 | $93,188 | $525,800 | $1,665 |
| Elk Grove | 179,155 | $125,924 | $630,100 | $2,262 |
| La Riviera | 11,492 | $97,975 | $459,200 | $1,849 |
More for people moving to Parkway
Parkway ZIP code ›Weather and climate ›Living in Parkway: FAQ
What is the median household income in Parkway, CA?
The median household income in Parkway is $64,375, 35% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Parkway?
The median home value in Parkway is $374,700, compared with $734,700 in California.
How much is rent in Parkway?
The median gross rent in Parkway is $1,517 per month, about 33.7% of household income.
Is Parkway, CA a good place to live?
Pluses: home values 49% lower than the state median; an average commute of 25 minutes. Minuses: median household income 35% lower than the California median; unemployment of 9.3%; a poverty rate of 22.5%.
What is the median age in Parkway?
The median age in Parkway is 33.6 years (California: 37.9).
How long is the commute in Parkway?
The average commute to work in Parkway is 25 minutes; 10.2% of workers work from home.
What is the unemployment rate in Parkway?
The unemployment rate in Parkway is 9.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parkway?
11.1% of adults in Parkway have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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