Median Income
$65,156
13% lower than US avg
Home Value
$187,500
33% lower than US avg
Bachelor's+
26.1%
23% lower than US avg
Obesity Rate
42.4%
32% higher than US avg
Unemployment
7.3%
103% higher than US avg
Poverty Rate
12.2%
2% lower than US avg
How Lakewood Compares to the U.S. Average (100% = U.S. avg)
People
Population297
Median Age55.3 yrs
Density107/mi²
Male / Female49% / 51%
Largest GroupWhite 96%
Veterans6.5%
Economy
B
Median Income$65,156
Per Capita$34,556
Unemployment7.3%
Poverty12.2%
County GDP$430M
Commute13 min
Housing
A+
Home Value$187,500
RentN/A
Ownership88.9%
Zillow$283,172
Health
Obesity42.4%
UninsuredN/A
Depression22.7%
Heart Disease6.2%
Climate
Avg Temp42°F
AQI38 (Good)
Rain32.8 in/yr
Elevation1,248 ft
Education
B
Bachelor's+26.1%
High School+91.3%
School Score5.81
Community
2024 VoteR 66% / D 33%
Commute13 min
Broadband87.4%
Libraries3
Is Lakewood a Good Place to Live?
Based on current data, Lakewood receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include affordable housing, high health insurance coverage. Areas to be aware of include above-average unemployment, high obesity rates. Lakewood offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Lakewood is $65,156, 13% below the national average of $75,149. The unemployment rate of 7.3% is somewhat elevated compared to the national rate of 3.6%. 12.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 13 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Lakewood is $187,500, 33% below the national median — offering relatively affordable homeownership. At just 2.9x median income, home prices are very affordable relative to local earnings.
Education
26.1% of residents hold a bachelor's degree, below the national average of 33.7%. 91.3% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Lakewood has a cool climate with an average annual temperature of 42°F. Winters average 13°F in January while summers reach 67°F in July. Annual precipitation totals 32.8 inches, including 61.1 inches of snow. Air quality is rated Good with a median AQI of 38.
Lakewood has a population of 297 with a density of 107 people per square mile. The median age is 55.3 years, 42% older than the national median of 38.9. The city is predominantly White (96.3%), with 2% Hispanic.
Population
55.3yrs
Median Age
42% above US avg
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
The median household income in Lakewood is $65,156, which is 13% below the national average of $75,149. The unemployment rate is 7.3% (above the 3.6% US average). 12.2% of residents live below the poverty line. Workers commute an average of 13 minutes.
Income
| Median HH Income | $65,156 |
| 13% below US avg |
| Per Capita Income | $34,556 |
| Avg Weekly Wage | $876 |
| IRS Avg AGI | $66,011 |
Employment & Poverty
| Unemployment | 7.3% |
| 103% above US avg |
| Poverty Rate | 12.2% |
| 2% below US avg |
| Establishments (County) | 301 |
| County GDP | $430M |
Business (County)
| Restaurants | 30 |
| Healthcare | 18 |
| Retail | 30 |
| Manufacturing | 17 |
Tax & Cost of Living
| Property Tax (IRS) | $3,967 |
| 13% above US avg |
| Effective Tax Rate | 2.12% |
Commute & Transportation
| Commute Time | 13.3 min |
| Drive Alone | 68.5% |
| Public Transit | 0.0% |
| Work from Home | 29.5% |
The median home value in Lakewood is $187,500, 33% below the national average. 88.9% of homes are owner-occupied. Zillow estimates the typical home value at $283,172.
Home Values
| Census Median | $187,500 |
| 33% below US avg |
| Zillow ZHVI | $283,172 |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $797 |
| 1 Bedroom | $872 |
| 2 Bedrooms | $1,097 |
| 3 Bedrooms | $1,405 |
| 4 Bedrooms | $1,572 |
Ownership & Property
| Homeownership | 88.9% |
| Owner-Occupied | 88.9% |
Property Tax
| Avg Tax (IRS) | $3,967 |
| 13% above US avg |
| Effective Rate | 2.12% |
In Lakewood, 42.4% of adults are obese (above the 32.1% national rate). 22.7% report depression. 26.8% are physically inactive.
Health Metrics: Lakewood vs U.S. Average (%)
Chronic Conditions
| Obesity | 42.4% |
| 32% above US avg |
| Diabetes | 10.0% |
| Heart Disease | 6.2% |
| High Blood Pressure | 30.6% |
| Asthma | 10.3% |
| COPD | 5.9% |
| Stroke | 3.0% |
Behaviors & Mental Health
| |
| Binge Drinking | 22.8% |
| Physical Inactivity | 26.8% |
| Depression | 22.7% |
| Mental Distress | 17.1% |
| Physical Distress | 12.7% |
Healthcare Access
| Insurance Rate | 95.3% |
| |
| Checkup Rate | 74.0% |
| Premature Death | 11,728/100K |
Food & Exercise
| Food Environment | 7.3/10 |
| Exercise Access | 82.0% |
| Healthcare Facilities | 18 |
Crime Rates: Lakewood vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 1 |
Safety Score
Lakewood has an average annual temperature of 42°F (5°C). Winters average 13°F in January while summers reach 67°F in July. Annual precipitation is 32.8 inches. Air quality is rated Good with a median AQI of 38.
Temperature
13°F Jan (-10°C)
67°F Jul (19°C)
| Annual Average | 41.5°F |
| 23% below US avg |
| January Average | 13°F (-10°C) |
| July Average | 67°F (19°C) |
Precipitation & Snow
| Annual Rainfall | 32.8 inches |
| 14% below US avg |
| Snowfall | 61.1 inches/yr |
Air Quality
| AQI Median | 38.0 |
| Rating | Good |
Geography
| Elevation | 1,248 ft (380 m) |
| Area | 2.8 sq mi (7.2 km²) |
| Population Density | 107/sq mi |
| Coordinates | 45.3006°N, 88.5145°W |
| Timezone | America/Chicago |
| County FIPS | 55041 |