2024 Compare Cities Housing:
Parkland, WA vs Federal Way, WA

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Highlights
- The median age of a home in Parkland is 11.9% older than the median age of a home in Federal Way.
 Parkland, WAFederal Way, WAUnited States
 Median Home Age423742
 Median Home Cost$428,600$542,500$338,100
 Home Appr. Last 12 months12.3%14.8%16.6%
 Home Appr. Last 5 yrs.80.1%61.9%57.0%
 Home Appr. Last 10 yrs.176.5%167.2%101.1%
 Property Tax Rate$12.1$10.2$11.0
 Homes Owned51.3%52.1%57.4%
 Housing Vacant6.9%4.8%11.2%
 Homes Rented41.9%43.1%31.4%
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 Avg Rent For Home Or Apartment
 Parkland, WAFederal Way, WAUnited States
 Average Rent$2,150$2,530$1,840
 Studio Apartment$1,100$1,590$1,080
 1 Bedroom Home or Apartment$1,220$1,630$1,180
 2 Bedroom Home or Apartment$1,540$1,910$1,430
 3 Bedroom Home or Apartment$2,180$2,560$1,860
 4 Bedroom Home or Apartment$2,560$2,990$2,160
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 Vacant Housing
 Parkland, WAFederal Way, WAUnited States
 Vacant For Rent2.2%2.3%1.9%
 Vacant Rented1.4%0.3%0.4%
 Vacant For Sale0.3%0.5%0.7%
 Vacant Sold0.9%0.1%0.4%
 Vacant Vacation0.5%0.1%3.6%
 Vacant Other1.5%1.4%4.1%
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 Owner-Occupied Housing Value
 Parkland, WAFederal Way, WAUnited States
 Less Than $20,0003.9%2.1%2.6%
 $20,000 to $39,9991.4%1.3%2.4%
 $40,000 to $59,9990.5%0.7%2.8%
 $60,000 to $79,9990.0%0.6%3.9%
 $80,000 to $99,9990.6%0.7%4.5%
 $100,000 to $149,9993.3%1.2%11.3%
 $150,000 to $199,9998.5%6.1%13.0%
 $200,000 to $299,99940.5%14.7%20.1%
 $300,000 to $399,99925.2%26.7%13.6%
 $400,000 to $499,99911.5%24.7%8.3%
 $500,000 to $749,9993.6%16.1%9.7%
 $750,000 to $999,9990.7%3.0%3.9%
 $1,000,000 to $1,499,9990.4%1.3%2.2%
 $1,500,000 to $1,999,9990.0%0.1%0.8%
 $2,000,000 and over0.0%0.6%1.1%
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 Housing Units By Year Built
 Parkland, WAFederal Way, WAUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 201413.2%8.1%13.6%
 2000 to 200913.2%8.1%13.6%
 1990 to 199918.5%18.7%13.6%
 1980 to 198911.5%23.7%13.2%
 1970 to 197916.2%21.7%14.8%
 1960 to 196918.5%18.7%13.6%
 1950 to 19599.9%3.3%10.0%
 1940 to 19495.3%0.8%4.7%
 1939 or Earlier5.3%0.9%12.2%
Reviews for Parkland    2 Reviews

Lived here from 2014 to 2018. One transit line connecting south toward Spanaway at terminus near Walmart, runs along commercial main drag Pacific Avenue. It does  More

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Over 14 years ago

This is a great place to live because you get the benefits of several cities without being incorporated and paying city  More

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Reviews for Federal Way    14 Reviews

Over 5 years ago

A suburb of The Emerald City (Seattle, WA), Federal Way has become yet another go-to place for affluent travelers and transplants from states all over the nation. The  More

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I want to move my family to austin i havent bin there but we want some ware housing is affortable i have four boys age 6,3,2 and a baby of 2 months and ware theres jobs  More

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I have lived in Brooklyn NY, West Palm Beach & Port St Lucie, FL and now Federal Way, WA. While the cost of living here is higher than Florida, it is definitely lower  More

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