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Lakewood city, Ohio

City

Population: 50,229 (2023 estimate)

Located in Ohio , Ohio

Census Bureau data for Lakewood city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Lakewood city

What is the median household income in Lakewood city?
The median household income in Lakewood city is $65,925 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lakewood city?
The poverty rate in Lakewood city is 6.1% (U.S. Census Bureau ACS 2023).
What is the median home value in Lakewood city?
$241,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Lakewood city?
The median gross rent in Lakewood city is $1,013 per month (U.S. Census Bureau ACS 2023).
What percentage of Lakewood city residents have a college degree?
53.9% of adults in Lakewood city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
50,229
Median Income
$65,925
Median Home Value
$241,500
Poverty Rate
6.1%
Unemployment (ACS 2023)
5.2%
Median Age
34.0 yrs
Since 2019 Median Income: +$12,635 (+23.7%) Home Value: +$83,400 (+52.8%) Poverty Rate: -4.2 pp (-40.8%) Bachelor's+: +7.4 pp (+15.9%) Unemployment: +0.6 pp (+13%)

Demographics

Total Population 50,229
Median Age 34.0
Female 51.7%
Race & Ethnicity
Hispanic or Latino 4.5% White (non-Hisp.) 83.2% Black 6.3% Asian 2.4% Two or More 5.3% Other 0.6%
Asian Subgroups (% of total pop.)
Filipino
0.5%
Chinese
0.4%
Indian
0.2%
Korean
0.2%
Vietnamese
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.4%
Mexican
1.2%
Cuban
0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $65,925 ±$3,177
-$3,755 vs. state
Per Capita Income $96,607
Median Family Income $105,148
Poverty Rate 6.1%
-3.1 pp vs. state
Child Poverty Rate 9.1%
Working-Age Poverty Rate
SNAP Recipients 9.2%
Social Security Income
Retirement Income 17.7%
Household Income Distribution
< $10k
4.3%
$10–15k
5.2%
$15–25k
6.7%
$25–35k
7.7%
$35–50k
13.1%
$50–75k
19.5%
$75–100k
12.4%
$100–150k
14.7%
$150–200k
7.4%
$200k+
8.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 28,973
Owner-Occupied 44.5%
Renter-Occupied 55.5%
Vacancy Rate 8.3%
Median Home Value $241,500
+$42,300 vs. state
Median Gross Rent $1,013
Owner Cost Burden (30%+) 15.6%
Renter Cost Burden (30%+) 26.1%
Home Value Distribution
< $50k
3.0%
$50–100k
2.6%
$100–200k
9.9%
$200–300k
38.6%
$300–500k
22.2%
$500k–$1M
5.4%
$1M+
1.1%
Gross Rent Distribution
< $500
4.4%
$500–1k
44.3%
$1–1.5k
39.0%
$1.5–2k
10.3%
$2–2.5k
1.5%
$2.5–3.5k
0.3%
$3.5k+
0.3%
Vehicle Availability
No vehicle
13.9%
1 vehicle
44.1%
2 vehicles
33.5%
3+
8.5%
Housing Type
Single-fam. det.
36.1%
Single-fam. att.
4.7%
2–4 units
16.4%
5–19 units
5.1%
20+ units
25.1%
Mobile home
0.1%
Housing Age
Pre-1940
59.6%
1940–1969
5.8%
1970–1999
6.8%
2000–2009
0.9%
2010+
0.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.4%
Bachelor's or Higher 53.9%
+23.0 pp vs. state
Graduate Degree 19.2%
Some College / Associate 16.7%
Less Than High School 1.8%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 74.6%
Unemployment Rate 5.2%
+0.4 pp vs. state
Work from Home 19.0%
Self-Employed 5.2%
Government Workers 9.6%
Private For-Profit 85.1%
Industry
Edu/Health
26.8%
Prof. Services
15.5%
Arts/Entmt.
10.2%
Manufacturing
9.9%
Finance
8.2%
Retail
8.1%
Construction
4.3%
Transportation
3.1%
Public Admin
3.0%
Wholesale
2.7%
Information
2.6%
Agriculture
0.7%
Occupation
Management
56.6%
Sales
18.4%
Food Prep
13.9%
Production
7.3%
Construction
3.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.4 min
Drove Alone 69.0%
Carpool 5.7%
Public Transit 2.3%
Work from Home 19.0%
Walked 2.3%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 26,569
Avg. Household Size 1.00
Avg. Family Size
Married-Couple Households 27.4%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 10.4%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
4.6%
5–9
3.9%
10–14
3.9%
15–19
3.5%
20–24
8.0%
25–34
26.6%
35–44
13.1%
45–54
10.2%
55–64
5.9%
65–74
5.2%
75–84
9.6%
85+
3.6%
Under 18: 14.6% Working age (18–64): 85.4% 65 and over: 15.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 8.1%
Naturalized Citizen 54.1%
Speaks English Less Than Very Well 3.4%
Foreign-Born Origin
Asia
41.8%
Europe
33.0%
Africa
14.7%
Latin America
8.9%

Veterans & Disability

Veteran 4.8%
With a Disability 13.2%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.3%
Uninsured 6.7%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 91.4%
Has a Computer 95.1%
Same House 1 Year Ago 80.6%
Moved from Abroad 0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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