Living in Parkwood, California
Cost of living, income, home prices, rent and demographics of Parkwood · Census data 2020–2024
Parkwood has 1,758 residents with a median age of 31.9. The median household income is $61,645 (38% lower than the California median), the median home value is $237,500, the median rent is $1,536/month.
Parkwood at a glance
- Population
- 1,758
- Median age
- 31.9State: 37.9
- Median household income
- $61,645State: $99,122
- Median home value
- $237,500State: $734,700
- Median rent
- $1,536/moState: $2,036
- Homeowners
- 60.5%
- Bachelor's degree or higher
- 7.2%
- Average commute
- 20 min
Is Parkwood a good place to live?
Pros: Home values 68% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 38% lower than the California median; unemployment of 15.8%; a poverty rate of 20.8%.
The weather is best in April–May and September–October.
Cost of living in Parkwood
Housing is the biggest part of the cost of living. In Parkwood the median home value is $237,500, 29% lower than the U.S. median. Renters pay a median of $1,536 per month, which is 34.7% of household income. Homeowners with a mortgage pay $1,608 a month in housing costs.
Parkwood median household income
The median household income in Parkwood is $61,645 and the income per person is $21,544. 20.8% of residents live below the poverty line (California: 12%).
Housing in Parkwood: homes for sale and rent
- Housing units
- 554
- Owner-occupied
- 60.5%
- Renter-occupied
- 39.5%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 3.32
Parkwood demographics
- Population
- 1,758
- Median age
- 31.9
- Under 18
- 26.6%
- 65 and older
- 13.9%
- Households
- 529
- Foreign-born
- 20.3%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Parkwood ›
Education in Parkwood
7.2% of adults 25 and older in Parkwood have a bachelor's degree or higher (California: 37.1%), and 0.4% have a graduate or professional degree.
Jobs and commute in Parkwood
- Unemployment rate
- 15.8%State: 6.6%
- Average commute
- 20 minState: 29 min
- Work from home
- 1.4%
- Drive alone
- 91.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.3%
Parkwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parkwood | 1,758 | $61,645 | $237,500 | $1,536 |
| Parksdale | 2,885 | $51,587 | $274,700 | $1,656 |
| Madera | 67,831 | $63,933 | $359,900 | $1,353 |
| La Vina | 789 | $22,745 | — | — |
| Madera Acres | 9,846 | $78,457 | $346,800 | $1,685 |
| Bonadelle Ranchos | 5,465 | $132,723 | $486,800 | $1,941 |
| Biola | 1,070 | $43,185 | $246,100 | $980 |
| Madera Ranchos | 3,037 | $126,583 | $492,600 | — |
| Fairmead | 1,229 | $46,680 | — | $1,418 |
More for people moving to Parkwood
Parkwood ZIP code ›Weather and climate ›Living in Parkwood: FAQ
What is the median household income in Parkwood, CA?
The median household income in Parkwood is $61,645, 38% 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 Parkwood?
The median home value in Parkwood is $237,500, compared with $734,700 in California.
How much is rent in Parkwood?
The median gross rent in Parkwood is $1,536 per month, about 34.7% of household income.
Is Parkwood, CA a good place to live?
Pluses: home values 68% lower than the state median; an average commute of 20 minutes. Minuses: median household income 38% lower than the California median; unemployment of 15.8%; a poverty rate of 20.8%.
What is the median age in Parkwood?
The median age in Parkwood is 31.9 years (California: 37.9).
How long is the commute in Parkwood?
The average commute to work in Parkwood is 20 minutes; 1.4% of workers work from home.
What is the unemployment rate in Parkwood?
The unemployment rate in Parkwood is 15.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parkwood?
7.2% of adults in Parkwood 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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