All Countries
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
Housing Overview
Median Home Value
$420,500
49% above
US avg: $281,900
Median Rent
$1,460/mo
26% above
US avg: $1,163/mo
Homeownership Rate
44.8%
31% below US avg (65.4%)
Total Housing Units
28,257
Median year built: 1974
Home Value by Source
Census Median
$420,500
Zillow (ZHVI)
$510,470
Median Sale Price
$510,000
Median List Price
$589,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.8%
Owner-Occupied
55.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,460/mo
· Zillow rent:
$1,734/mo
Market Indicators (Redfin)
Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
37
Price Drops
34.9%
of listings with price reduction
Price Per Sq Ft
$339
Active Inventory
86
homes for sale
Affordability & Housing Stock
Rent Burden
31.7%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
44.8%
Complete Housing Data
Home Values
| Census Median Value | $420,500 |
| Zillow Home Value (ZHVI) | $510,470 |
| Median Sale Price | $510,000 |
| Median List Price | $589,950 |
| Price Per Sq Ft | $339 |
Rent
| Census Median Rent | $1,460 |
| Zillow Rent (ZORI) | $1,734 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 34 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 34.9% |
| Homes Sold | 37 |
| Active Inventory | 86 |
| Price Per Sq Ft | $339 |
Ownership & Stock
| Owner-Occupied | 44.8% |
| Renter-Occupied | 55.2% |
| Homeownership Rate | 44.8% |
| Total Housing Units | 28,257 |
| Median Year Built | 1974 |
| Rent Burden | 31.7% |