Loon Lake, WA Profile: Facts & Data

The Loon Lake CDP⁽¹⁾ had a population of 893 as of July 1, 2021. Loon Lake ranks in the lower quartile for Population Density and 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 Loon Lake is located at latitude 48.0616 and longitude -117.6327 in Stevens County. The formal boundaries for the Loon Lake Census Designated Place encompass a land area of 3.26 sq. miles and a water area of 0 sq. miles. Stevens County is in the Pacific time zone (GMT -8). The elevation is 2,418 feet.

The Loon Lake 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 Loon Lake Census Designated Place is located within Springdale Division of Stevens County.

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.

Loon Lake, WA Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	893 (100%)
Population in Households	893 (100.0%)
Population in Families	741 (83.0%)
Population in Group Quarters¹	0
Population Density	274
Diversity Index²	25


INCOME
Median Household Income	$61,250
Average Household Income	$92,603
% of Income for Mortgage⁴	25%
Per Capita Income	$36,014
Wealth Index⁵	123

HOUSING
Total HU (Housing Units)	570 (100%)
Owner Occupied HU	302 (53.0%)
Renter Occupied HU	77 (13.5%)
Vacant Housing Units	190 (33.3%)
Median Home Value	$364,286
Average Home Value	$493,709
Housing Affordability Index³	109

HOUSEHOLDS
Total Households	380
Average Household Size	2.35
Family Households	269
Average Family Size	3

NOTES

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.
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.
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.
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).
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.

Loon Lake, WA - Peer Comparisons by Rank and Percentile

The table below compares Loon Lake to the other 625 incorporated cities, towns and CDPs in Washington by rank and percentile using July 1, 2021 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.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	1.18%	0.95%
Households	1.18%	0.93%
Families	1.09%	0.88%
Median Household Income		2.97%
Per Capita Income		3.41%
Owner Occupied HU		1.42%

Variable Description	Rank	Percentile
Total Population	# 410	35th
Population Density	# 509	19th
Median Household Income	# 362	42nd
Housing Affordability Index	# 253	40th
Per Capita Income	# 261	58th
Diversity Index	# 509	19th

Loon Lake, WA Profile: Facts & Data

Loon Lake, Washington - Basic Facts

Loon Lake, WA Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Loon Lake, WA - Peer Comparisons by Rank and Percentile

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