Lakewood, WA
Full City Profile · Washington · Pierce County County
2.8
/5.0
C+
Fair
63,034
Population
3,695/sq mi density
$70,524
Median Income
$40,711 per capita
$420,500
Home Value
$510,470 Zillow
$1,460
Median Rent
31.7% income on rent
52°F
Avg Temperature
240 sunny days/yr
757
Violent Crime/100K
3,769 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$70,524 median income, 3.2% unemployment
B
Affordability
3.3 / 5.0
$420,500 home value, $1,460/mo rent
F
Safety
1.0 / 5.0
757 violent crimes/100K (99% above avg)
C+
Education
2.8 / 5.0
22.6% bachelor's degree or higher
Income Overview
Median Household Income
$70,524
6% below
US avg: $75,149
Per Capita Income
$40,711
4% above
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
8.2%
34% 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
$70,524
94%
Per Capita
US: $39,052
$40,711
104%
IRS Avg AGI
US: $72,000
$90,111
125%
Avg Weekly Wage
US: $1,432
$1,354
95%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,354
5% below US avg ($1,432)
Mean Commute Time
29 min
4% above US avg (28 min)
Work From Home
7.1%
53% below US avg (15.2%)
Drive Alone
74.9%
2% above US avg (73.2%)
Public Transit
3.1%
38% below US avg (5.0%)
County GDP
$64,941M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
74.9%
Public Transit
3.1%
Work From Home
7.1%
Other
14.9%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
20,820
Restaurants
1,771
Healthcare
2,355
Retail
2,124
Manufacturing
537
Tax & Financial
IRS Avg Adjusted Gross Income
$90,111
25% above US avg ($72,000)
Avg Property Tax
$7,011
100% above US avg ($3,500)
Cost of Living Index
107.0
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $70,524 |
| Per Capita Income | $40,711 |
| IRS Avg Adjusted Gross Income | $90,111 |
| Avg Weekly Wage | $1,354 |
| County GDP | $64,941M |
Hardship Indicators
| Unemployment Rate | 3.2% |
| Poverty Rate | 8.2% |
| Gini Coefficient | 0.420 |
| Cost of Living Index | 107.0 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 74.9% |
| Public Transit | 3.1% |
| Work From Home | 7.1% |
Businesses
| Total Establishments | 20,820 |
| Restaurants | 1,771 |
| Healthcare | 2,355 |
| Retail | 2,124 |
| Manufacturing | 537 |
Tax
| IRS Avg AGI | $90,111 |
| Avg Property Tax | $7,011 |
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