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Lakewood, NJ
Full City Profile · New Jersey · Monmouth County County
Lakewood, NJ
At a Glance
How Lakewood Compares to the U.S. Average
Each bar shows Lakewood's value as a percentage of the national average (100% = U.S. avg)
Is Lakewood a Good Place to Live?
Economy & Jobs
Lakewood residents earn a median household income of $57,576 , which is 23% below the national average of $75,149. Per capita income is $17,984. The unemployment rate stands at 3.6% (0% below the U.S. rate of 3.6%). 25.3% of residents live below the poverty line. The area is home to 21,968 business establishments, including 1,925 restaurants.
Housing & Cost of Living
The median home value in Lakewood is $618,400 , 119% above the national median of $281,900. Zillow estimates the typical home at $569,448. Median rent is $1,647/month, with 46.0% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1989.
Safety & Crime
Lakewood reports 37 violent crimes per 100,000 residents , which is 90% below the national average of 380/100K. Property crime is 848/100K.
Education
31.3% of adults in Lakewood hold a bachelor's degree or higher (7% below the national average). 89.6% have completed high school. Local schools score 6.9/10 in standardized testing.
Climate & Weather
Lakewood has an average annual temperature of 54°F (12°C). Winters average 32°F in January while summers reach 76°F in July. The area gets 275 sunny days per year. Annual precipitation totals 48.6 inches. Air quality is rated Good with a median AQI of 39.