Twin Lakes CDP, WA Profile: Facts & Data

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Twin Lakes CDP, Washington - Basic Facts

The Twin Lakes Census Designated Place had a population of 60 as of July 1, 2020. Twin Lakes CDP ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Washington. See peer rankings below.

The primary coordinate point for Twin Lakes CDP is located at latitude 48.2622 and longitude -118.3591 in Ferry County. The formal boundaries for the Twin Lakes Census Designated Place encompass a land area of 4.17 sq. miles and a water area of 0 sq. miles.

The Twin Lakes Census Designated Place (GNIS ID: 2585047) has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Washington is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Twin Lakes Census Designated Place is located within Colville Reservation Division of Ferry County.


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Twin Lakes CDP, WA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 60 (100%)
Population in Households 60 (100.0%)
Population in Families 47 (78.3%)
Population in Group Quarters1 0
Population Density 14
Diversity Index2 56
 
 

INCOME

Median Household Income $36,357
Average Household Income $45,176
% of Income for Mortgage4 0%
Per Capita Income $17,538
Wealth Index5 37
 

HOUSING

Total HU (Housing Units) 240 (100%)
Owner Occupied HU 16 ( 6.7%)
Renter Occupied HU 8 ( 3.3%)
Vacant Housing Units 215 (89.6%)
Median Home Value $150,000
Average Home Value $171,429
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 25
Average Household Size 2.4
Family Households 17
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.16% 0.33%
Households 0.4% 0.0%
Families -1.08% 0.0%
Median Household Income   0.81%
Per Capita Income   2.08%
Owner Occupied HU   1.22%

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Twin Lakes CDP, WA - Peer Comparisons by Rank and Percentile

The table below compares Twin Lakes CDP to the other 625 incorporated cities, towns and CDPs in Washington by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 611 2nd
Population Density # 621 1st
Median Household Income # 599 4th
Housing Affordability Index # 48 8th
Per Capita Income # 591 6th
Diversity Index # 148 77th

Additional comparisons and rankings can be made with a VERY EASY TO USE Washington Census Data Comparison Tool.

Twin Lakes CDP, WA - Most Popular Things to Do

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