Fairwood, Washington Unemployment

Fairwood, Washington has a population of 7,611, with a median household income of $72,118.

Current unemployment data for Fairwood.

3.40%

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Population

7,611

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Median Income

$72,118

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Unemployment

3.40%

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Housing Price

$382,600

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Crime Rate

4.70

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Internet Speed

188.30 Mbps

Fairwood is a small local community located in Washington. The city has a population that is below the average city population in Washington, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Washington, Fairwood provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Fairwood has a population of 7,611, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Fairwood is $72,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Fairwood is about $382,600, making it relatively affordable compared to many cities in Washington.

Employment and Safety

The unemployment rate in Fairwood is 3.40%, which is lower than the state average, indicating a relatively strong job market. Fairwood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Washington, Fairwood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Washington, Fairwood contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Fairwood

What is the population of Fairwood?

The population of Fairwood is approximately 7,611.

Is Fairwood a good place to live?

Fairwood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Fairwood?

The median household income in Fairwood is around $72,118.

How expensive is housing in Fairwood?

The average housing price in Fairwood is approximately $382,600.