Last updated: 2024 BLS data · Page refreshed:
Lakewood has a population of 50,007 with a median age of 35.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 50,007 |
| Median Age | 35.5 |
| White | 84.3% |
| Black or African American | 5.6% |
| Asian | 3.1% |
| Hispanic or Latino | 4.3% |
| Other / Two or More Races | 2.7% |
The median household income in Lakewood is $68,954, which is 14.5% below the national median of $80,610. The per capita income is $52,111. The poverty rate is 10.3%.
The unemployment rate in Lakewood is 3.1%, compared to the national rate of 4.1%.
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In Lakewood, 95.7% of residents age 25+ have a high school diploma or higher, and 55.3% hold a bachelor's degree or higher (19.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.7% |
| Bachelor's Degree or Higher | 55.3% |
| Graduate or Professional Degree | 19.8% |
The median home value in Lakewood is $262,200, below the national median of $303,400. The median monthly rent is $1,070. The homeownership rate is 44.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $262,200 |
| Median Monthly Rent | $1,070 |
| Homeownership Rate | 44.4% |
| Vacancy Rate | 7.7% |
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