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Alderwood Manor

Learn about the people, housing, costs and businesses in Alderwood Manor, Washington

Median Home$732,236
Median Rent$2,204/month
Population9,970
Leading IndustriesArts, Food & Hospitality · Healthcare17% arts, food & hospitality
Home Value Growth+7.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners72% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableHigh Incomes$105k/year · top 14% nationally
Alderwood Manor
WA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Alderwood Manor?

As of today, the 30-year fixed mortgage rate for Alderwood Manor is approximately 6.812% (6.845% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alderwood Manor?

The median home value in Alderwood Manor is $732k. The median monthly rent is $2,204. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alderwood Manor?

Home values in Alderwood Manor have increased 7.1% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alderwood Manor?

Based on a typical all-in ownership cost of $2,132/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $91k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alderwood Manor is $105k/year.

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What industries drive the economy in Alderwood Manor?

The largest employment sectors in Alderwood Manor are public administration (21%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.