Living in Alderwood Manor, Washington

Cost of living, income, home prices, rent and demographics of Alderwood Manor · Census data 2020–2024

Alderwood Manor has 10,266 residents with a median age of 39.6. The median household income is $105,181 (7% higher than the Washington median), the median home value is $700,900, the median rent is $1,919/month.

Alderwood Manor at a glance

Population
10,266
Median age
39.6State: 38.3
Median household income
$105,181State: $98,141
Median home value
$700,900State: $564,600
Median rent
$1,919/moState: $1,760
Homeowners
69.8%
Bachelor's degree or higher
39.7%
Average commute
34 min

Is Alderwood Manor a good place to live?

Pros: Median household income 7% higher than the Washington median; a poverty rate of 7.9%.

Cons: Home values 24% higher than the state median; an average commute of 34 minutes; unemployment of 6%.

The weather is best in June to September.

Cost of living in Alderwood Manor

Housing is the biggest part of the cost of living. In Alderwood Manor the median home value is $700,900, 111% higher than the U.S. median. Renters pay a median of $1,919 per month, which is 35.1% of household income. Homeowners with a mortgage pay $2,656 a month in housing costs.

Median home value

Alderwood Manor$700,900
Washington$564,600
United States$332,700

Median monthly rent

Alderwood Manor$1,919
Washington$1,760
United States$1,413

Alderwood Manor median household income

The median household income in Alderwood Manor is $105,181 and the income per person is $46,150. 7.9% of residents live below the poverty line (Washington: 9.9%).

Median household income

Alderwood Manor$105,181
Washington$98,141
United States$80,734

Housing in Alderwood Manor: homes for sale and rent

Housing units
3,648
Owner-occupied
69.8%
Renter-occupied
30.2%
Vacant
2.1%Includes seasonal homes
Median year built
1987
Average household size
2.85

Alderwood Manor demographics

Population
10,266
Median age
39.6
Under 18
21.2%
65 and older
15.1%
Households
3,570
Foreign-born
23.7%
Veterans
7.1%Adults 18+

Race and ethnicity

White55%
Hispanic or Latino8.3%
Black9.1%
Asian20.3%

Hispanic or Latino can be of any race. Population history of Alderwood Manor ›

Education in Alderwood Manor

39.7% of adults 25 and older in Alderwood Manor have a bachelor's degree or higher (Washington: 39.6%), and 12% have a graduate or professional degree.

Bachelor's degree or higher

Alderwood Manor39.7%
Washington39.6%
United States35.7%

Jobs and commute in Alderwood Manor

Unemployment rate
6%State: 5.1%
Average commute
34 minState: 27 min
Work from home
26.4%
Drive alone
54.1%
Public transit
7.4%
Walk to work
2.9%
Homes with broadband
95.8%

Alderwood Manor vs nearby towns

TownPopulationMedian incomeHome valueRent
Alderwood Manor10,266$105,181$700,900$1,919
Bothell West22,029$153,449$824,900$2,511
Brier6,545$132,045$866,600$2,318
Lynnwood40,110$77,704$686,900$1,742
Larch Way4,424$160,040$842,600$2,002
Mountlake Terrace23,104$107,687$667,300$2,004
Martha Lake22,634$124,494$785,400$2,185
North Lynnwood23,339$101,088$616,400$2,145
Bothell East14,578$198,882$1,131,600$2,406

More for people moving to Alderwood Manor

Alderwood Manor ZIP code ›Weather and climate ›

Living in Alderwood Manor: FAQ

What is the median household income in Alderwood Manor, WA?

The median household income in Alderwood Manor is $105,181, 7% higher than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Alderwood Manor?

The median home value in Alderwood Manor is $700,900, compared with $564,600 in Washington.

How much is rent in Alderwood Manor?

The median gross rent in Alderwood Manor is $1,919 per month, about 35.1% of household income.

Is Alderwood Manor, WA a good place to live?

Pluses: median household income 7% higher than the Washington median; a poverty rate of 7.9%. Minuses: home values 24% higher than the state median; an average commute of 34 minutes; unemployment of 6%.

What is the median age in Alderwood Manor?

The median age in Alderwood Manor is 39.6 years (Washington: 38.3).

How long is the commute in Alderwood Manor?

The average commute to work in Alderwood Manor is 34 minutes; 26.4% of workers work from home.

What is the unemployment rate in Alderwood Manor?

The unemployment rate in Alderwood Manor is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Alderwood Manor?

39.7% of adults in Alderwood Manor 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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