Living in Shadow Lake, Washington
Cost of living, income, home prices, rent and demographics of Shadow Lake · Census data 2020–2024
Shadow Lake has 2,465 residents with a median age of 43.4. The median household income is $152,552 (55% higher than the Washington median), the median home value is $816,300, the median rent is $3,043/month.
Shadow Lake at a glance
- Population
- 2,465
- Median age
- 43.4State: 38.3
- Median household income
- $152,552State: $98,141
- Median home value
- $816,300State: $564,600
- Median rent
- $3,043/moState: $1,760
- Homeowners
- 84.6%
- Bachelor's degree or higher
- 27.7%
- Average commute
- 42 min
Is Shadow Lake a good place to live?
Pros: Median household income 55% higher than the Washington median; unemployment of 3.6%.
Cons: Home values 45% higher than the state median; an average commute of 42 minutes; a poverty rate of 11.9%.
The weather is best in June to September.
Cost of living in Shadow Lake
Housing is the biggest part of the cost of living. In Shadow Lake the median home value is $816,300, 145% higher than the U.S. median. Renters pay a median of $3,043 per month, which is 47.5% of household income. Homeowners with a mortgage pay $3,683 a month in housing costs.
Shadow Lake median household income
The median household income in Shadow Lake is $152,552 and the income per person is $58,157. 11.9% of residents live below the poverty line (Washington: 9.9%).
Housing in Shadow Lake: homes for sale and rent
- Housing units
- 823
- Owner-occupied
- 84.6%
- Renter-occupied
- 15.4%
- Vacant
- 5.8%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 3.18
Shadow Lake demographics
- Population
- 2,465
- Median age
- 43.4
- Under 18
- 28.6%
- 65 and older
- 17.1%
- Households
- 775
- Foreign-born
- 15.8%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Shadow Lake ›
Education in Shadow Lake
27.7% of adults 25 and older in Shadow Lake have a bachelor's degree or higher (Washington: 39.6%), and 9.5% have a graduate or professional degree.
Jobs and commute in Shadow Lake
- Unemployment rate
- 3.6%State: 5.1%
- Average commute
- 42 minState: 27 min
- Work from home
- 25.9%
- Drive alone
- 65.1%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 97.9%
Shadow Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shadow Lake | 2,465 | $152,552 | $816,300 | $3,043 |
| Maple Heights-Lake Desire | 4,113 | $143,148 | $876,200 | $3,130 |
| Covington | 21,233 | $134,502 | $637,300 | $2,232 |
| Maple Valley | 28,287 | $152,885 | $724,700 | $2,304 |
| Hobart | 6,552 | $160,536 | $950,300 | $2,726 |
| Fairwood | 17,856 | $122,134 | $733,200 | $2,233 |
| East Renton Highlands | 12,582 | $142,500 | $778,700 | $2,717 |
| Lake Morton-Berrydale | 11,183 | $129,833 | $714,200 | $2,017 |
| Ravensdale | 198 | $207,386 | $1,400,000 | — |
More for people moving to Shadow Lake
Shadow Lake ZIP code ›Weather and climate ›Living in Shadow Lake: FAQ
What is the median household income in Shadow Lake, WA?
The median household income in Shadow Lake is $152,552, 55% 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 Shadow Lake?
The median home value in Shadow Lake is $816,300, compared with $564,600 in Washington.
How much is rent in Shadow Lake?
The median gross rent in Shadow Lake is $3,043 per month, about 47.5% of household income.
Is Shadow Lake, WA a good place to live?
Pluses: median household income 55% higher than the Washington median; unemployment of 3.6%. Minuses: home values 45% higher than the state median; an average commute of 42 minutes; a poverty rate of 11.9%.
What is the median age in Shadow Lake?
The median age in Shadow Lake is 43.4 years (Washington: 38.3).
How long is the commute in Shadow Lake?
The average commute to work in Shadow Lake is 42 minutes; 25.9% of workers work from home.
What is the unemployment rate in Shadow Lake?
The unemployment rate in Shadow Lake is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shadow Lake?
27.7% of adults in Shadow Lake 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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