Parkwood is located in west Washington. Parkwood is part of Kitsap County. Parkwood has 2.60 square miles of land area and 0.04 square miles of water area. As of 2010-2014, the total Parkwood population is 7,312, which has grown 1.37% since 2000. The population growth rate is much lower than the state average rate of 17.05% and is much lower than the national average rate of 11.61%. Parkwood median household income is $56,924 in 2010-2014 and has grown by 35.96% since 2000. The income growth rate is higher than the state average rate of 31.72% and is higher than the national average rate of 27.36%. Parkwood median house value is $194,300 in 2010-2014 and has grown by 55.44% since 2000. The house value growth rate is about the same as the state average rate of 52.82% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Parkwood is better than the state average in quality.