At a Glance
Median Income
$57,576
$17,984 per capita
Home Value
$618,400
Zillow: $589,571
Median Rent
$1,647/mo
46.0% of income on rent
Bachelor's Degree+
31.3%
89.6% high school+
Unemployment
6.8%
25.3% poverty rate
Obesity Rate
36.1%
20.0% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Lakewood a Good Place to Live?
C
2.3 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
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 6.8% (89% above 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 $589,571. 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.
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 53°F (11°C).
Winters average 32°F in January while summers reach 75°F in July. Annual precipitation totals 52.0 inches. Air quality is rated Good with a median AQI of 37.
Data Overview
People
Population69,884
Median Age17.3 yrs
Density9,871/mi²
Male / Female52% / 48%
Foreign Born9.3%
Veterans1.8%
Economy
C+
Median Income$57,576
Per Capita$17,984
Unemployment6.8%
Poverty25.3%
County GDP$52,693M
Avg Weekly Wage$1,357
Housing
F
Home Value$618,400
Rent$1,647
Ownership37.0%
Zillow$589,571
Housing Units14,177
Rent Burden46.0%
Health
Obesity36.1%
Diabetes12.5%
Smoking20.0%
Heart Disease6.8%
Premature Death5,710/100K
Climate
Avg Temp53°F
Rain52.0 in/yr
AQI37 (Good)
Elevation75 ft
Education
B+
Bachelor's+31.3%
High School+89.6%
Graduate+14.8%
School Score6.9/10
Community
2024 VoteR 55% / D 43%
Commute21 min
Broadband57.5%
Internet Speed142 Mbps
EV Stations12
Libraries37
Did You Know?
The median home in Lakewood was built in 1989.
The nearest airport is South Jersey Regional (35 miles).
The Gini coefficient (income inequality) is 0.477 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
5.0% of the population has a disability.
Average internet download speed is 142 Mbps.
There are 1,925 restaurants in the area.
The county recorded 46 fatal vehicle crashes.