Pros:
1. Strong and growing economy: Parkland is located near the major economic hubs of Tacoma and Seattle, has a strong job market, and diverse economy.

2. Good schools: Parkland is home to several high-quality public and private schools, making it an attractive destination for families.

3. Access to amenities: The city has a variety of shopping, dining, and entertainment options, making it a convenient place to live.

4. Outdoor recreation: Parkland is surrounded by beautiful parks and lakes, providing ample opportunities for outdoor activities such as hiking, biking, swimming, fishing, and boating.

Cons:
1. High cost of living: The cost of living in Parkland is relatively high compared to other cities in Washington state, which could make it difficult for some people to afford property.

2. Traffic congestion: While Parkland is situated near major metropolises, it also means major traffic jams on the area's main transportation routes, particularly during rush hour.

3. Natural disasters: Natural disasters such as earthquakes, floods, and wildfires are not uncommon in the region and could damage or destroy property.

4. Limited public transportation: The city's public transport links is limited, making it difficult for commuters who do not have access to a vehicle.