At a Glance
Median Income
$70,962
$45,958 per capita
Home Value
$146,300
Zillow: $242,764
Median Rent
$1,132/mo
30.7% of income on rent
Bachelor's Degree+
37.6%
94.3% high school+
Unemployment
7.6%
5.8% poverty rate
Obesity Rate
33.1%
12.0% 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?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lakewood residents earn a median household income of $70,962 , which is 6% below the national average of $75,149.
Per capita income is $45,958. The unemployment rate stands at 7.6% (111% above the U.S. rate of 3.6%). 5.8% of residents live below the poverty line. The area is home to 3,224 business establishments, including 330 restaurants.
Housing & Cost of Living
The median home value in Lakewood is $146,300 , 48% below the national median of $281,900.
Zillow estimates the typical home at $242,764. Median rent is $1,132/month, with 30.7% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1957.
Education
37.6% of adults in Lakewood hold a bachelor's degree or higher
(12% above the national average).
94.3% have completed high school. Local schools score 5.0/10 in standardized testing.
Climate & Weather
Lakewood has an average annual temperature of 47°F (8°C).
Winters average 24°F in January while summers reach 69°F in July. Annual precipitation totals 45.9 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population2,975
Median Age44.9 yrs
Density1,518/mi²
Male / Female50% / 50%
Foreign Born2.4%
Veterans6.2%
Economy
B+
Median Income$70,962
Per Capita$45,958
Unemployment7.6%
Poverty5.8%
County GDP$6,275M
Avg Weekly Wage$1,018
Housing
A+
Home Value$146,300
Rent$1,132
Ownership65.1%
Zillow$242,764
Housing Units1,605
Rent Burden30.7%
Health
Obesity33.1%
Diabetes8.3%
Smoking12.0%
Heart Disease4.9%
Premature Death9,667/100K
Climate
Avg Temp47°F
Rain45.9 in/yr
AQI36 (Good)
Elevation1,363 ft
Education
A
Bachelor's+37.6%
High School+94.3%
Graduate+18.4%
School Score5.0/10
Community
2024 VoteR 61% / D 39%
Commute19 min
Broadband90.2%
Internet Speed179 Mbps
EV Stations3
Libraries24
Did You Know?
The median home in Lakewood was built in 1957.
The nearest airport is Bradford Regional (41 miles).
The Gini coefficient (income inequality) is 0.448 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
21.4% of the population has a disability.
Average internet download speed is 179 Mbps.
There are 330 restaurants in the area.
The county recorded 10 fatal vehicle crashes.