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Lakewood, California

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
79,850
Population
$119,177
Median Income
$827,200
Home Value
39.4
Median Age

Demographics

Lakewood has a population of 79,850 with a median age of 39.4. Here is the racial and ethnic breakdown of the population:

Hispanic
38.9%
White
36.2%
Asian
17.8%
Black
7.1%
Demographic Value
Total Population79,850
Median Age39.4
White36.2%
Black or African American7.1%
Asian17.8%
Hispanic or Latino38.9%
Lakewood, California — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Hispanic/Latino: 38.9%White: 36.2%Asian: 17.8%Black: 7.1%79,850PopulationHispanic/LatinoHispanic/Latino38.9%WhiteWhite36.2%AsianAsian17.8%BlackBlack7.1%

Income & Economy

The median household income in Lakewood is $119,177, which is 47.8% above the national median of $80,610. The per capita income is $45,789. The poverty rate is 5.8%.

$119,177
Median Household Income
$45,789
Per Capita Income
5.8%
Poverty Rate

Employment

The unemployment rate in Lakewood is 5.1%, compared to the national rate of 4.1%.

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Education

In Lakewood, 90.2% of residents age 25+ have a high school diploma or higher, and 32.7% hold a bachelor's degree or higher (10.3% with a graduate or professional degree).

HS Diploma+
90.2%
Bachelor's+
32.7%
Graduate+
10.3%
Education Level % of Adults (25+)
High School Diploma or Higher90.2%
Bachelor's Degree or Higher32.7%
Graduate or Professional Degree10.3%

Housing

The median home value in Lakewood is $827,200, above the national median of $303,400. The median monthly rent is $2,347. The homeownership rate is 71.4%.

$827,200
Median Home Value
$2,347/mo
Median Rent
71.4%
Homeownership Rate
Housing Metric Value
Median Home Value$827,200
Median Monthly Rent$2,347
Homeownership Rate71.4%
Vacancy Rate2.4%

Salaries in California

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Frequently Asked Questions

What is the population of Lakewood, California?
The population of Lakewood, California is 79,850 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lakewood, California?
The median household income in Lakewood, California is $119,177. This is 47.8% above the national median of $80,610.
What is the median home value in Lakewood, California?
The median home value in Lakewood, California is $827,200. The median monthly rent is $2,347.
What percentage of people in Lakewood have a college degree?
In Lakewood, California, 32.7% of adults age 25 and older hold a bachelor's degree or higher, and 90.2% have a high school diploma or higher.
Is Lakewood, California an affordable place to live?
The home price-to-income ratio in Lakewood, California is 6.9x (median home value $827,200 vs. median income $119,177), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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