All Countries
Lakewood, OH
Full City Profile · Ohio · Cuyahoga County County
3.7
/5.0
B+
Good
50,229
Population
9,067/sq mi density
$65,925
Median Income
$49,172 per capita
$241,500
Home Value
$281,422 Zillow
$1,013
Median Rent
25.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
122
Violent Crime/100K
1,291 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$65,925 median income, 3.9% unemployment
A+
Affordability
4.6 / 5.0
$241,500 home value, $1,013/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
A+
Education
5.0 / 5.0
53.9% bachelor's degree or higher
Income Overview
Median Household Income
$65,925
12% below
US avg: $75,149
Per Capita Income
$49,172
26% above
US avg: $39,052
Unemployment Rate
3.9%
8% above
US avg: 3.6%
Poverty Rate
6.1%
51% below
US avg: 12.4%
Income Comparison: Lakewood vs. U.S. Average
Each bar shows Lakewood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$65,925
88%
Per Capita
US: $39,052
$49,172
126%
IRS Avg AGI
US: $72,000
$80,817
112%
Avg Weekly Wage
US: $1,432
$1,445
101%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,445
1% above US avg ($1,432)
Mean Commute Time
23 min
15% below US avg (28 min)
Work From Home
19.0%
25% above US avg (15.2%)
Drive Alone
69.0%
6% below US avg (73.2%)
Public Transit
2.3%
53% below US avg (5.0%)
County GDP
$135,914M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
69%
Public Transit
2.3%
Work From Home
19%
Other
9.7%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
39,269
Restaurants
3,107
Healthcare
3,799
Retail
3,902
Manufacturing
1,516
Tax & Financial
IRS Avg Adjusted Gross Income
$80,817
12% above US avg ($72,000)
Avg Property Tax
$8,487
142% above US avg ($3,500)
Cost of Living Index
92.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $65,925 |
| Per Capita Income | $49,172 |
| IRS Avg Adjusted Gross Income | $80,817 |
| Avg Weekly Wage | $1,445 |
| County GDP | $135,914M |
Hardship Indicators
| Unemployment Rate | 3.9% |
| Poverty Rate | 6.1% |
| Gini Coefficient | 0.508 |
| Cost of Living Index | 92.8 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 69.0% |
| Public Transit | 2.3% |
| Work From Home | 19.0% |
Businesses
| Total Establishments | 39,269 |
| Restaurants | 3,107 |
| Healthcare | 3,799 |
| Retail | 3,902 |
| Manufacturing | 1,516 |
Tax
| IRS Avg AGI | $80,817 |
| Avg Property Tax | $8,487 |