Fairwood, WA Profile: Facts & Data

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Fairwood, Washington - Basic Facts

The Fairwood CDP(1) had a population of 11,094 as of July 1, 2024. Fairwood ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Washington. See peer rankings below.

The primary coordinate point for Fairwood is located at latitude 47.7668 and longitude -117.4174 in Spokane County. The formal boundaries for the Fairwood Census Designated Place encompass a land area of 3.59 sq. miles and a water area of 0 sq. miles. Spokane County is in the Pacific time zone (GMT -8).

The Fairwood Census Designated Place has a U1 Census Class Code which indicates a census designated place with 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 Fairwood Census Designated Place is located within Spokane Division of Spokane County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Fairwood 2024 Demographic Data
  2. Growth Rates for Fairwood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Washington Research Tools (Easy Tools & Current Data)
  3. Washington Data Comparison Tool - 2024 Demographics
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Fairwood, WA Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 11,094 (100%)
Population in Households 10,711 (96.5%)
Population in Families 9,072 (81.8%)
Population in Group Quarters1 383 ( 3.5%)
Population Density 2,778
Diversity Index2 37
 
 

INCOME

Median Household Income $84,741
Average Household Income $124,424
% of Income for Mortgage4 35%
Per Capita Income $46,794
Wealth Index5 128
Socioeconomic Status Index6 Moderate (58.1)
 

HOUSING

Total HU (Housing Units) 4,328 (100%)
Owner Occupied HU 2,838 (65.6%)
Renter Occupied HU 1,327 (30.7%)
Vacant Housing Units 163 ( 3.8%)
Median Home Value $477,260
Average Home Value $531,369
Housing Affordability Index3 70
 

HOUSEHOLDS

Total Households 4,165
Average Household Size 2.57
Family Households 2,793
Average Family Size 3.00
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 1.21% 0.95%
Households 1.33% 1.01%
Families   0.89%
Median Household Income   3.40%
Per Capita Income   3.37%
Owner Occupied HU   0.85%

Fairwood, WA - Peer Comparisons by Rank and Percentile

The table below compares Fairwood to the other 639 incorporated cities, towns and CDPs in Washington by rank and percentile using July 1, 2024 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 # 122 81st
Population Density # 114 82nd
Median Household Income # 313 51st
Housing Affordability Index # 383 60th
Per Capita Income # 262 59th
Diversity Index # 456 28th

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

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