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Lakewood city, Washington

City

Population: 63,034 (2023 estimate)

Located in Washington , Washington

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 $70,524 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lakewood city?
The poverty rate in Lakewood city is 8.2% (U.S. Census Bureau ACS 2023).
What is the median home value in Lakewood city?
$420,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Lakewood city?
The median gross rent in Lakewood city is $1,460 per month (U.S. Census Bureau ACS 2023).
What percentage of Lakewood city residents have a college degree?
22.6% of adults in Lakewood city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
63,034
Median Income
$70,524
Median Home Value
$420,500
Poverty Rate
8.2%
Unemployment (ACS 2023)
5.5%
Median Age
36.0 yrs
Since 2019 Median Income: +$18,552 (+35.7%) Home Value: +$151,300 (+56.2%) Poverty Rate: -4.9 pp (-37.4%) Bachelor's+: 0.0 pp (+0%) Unemployment: -1.2 pp (-17.9%)

Demographics

Total Population 63,034
Median Age 36.0
Female 51.5%
Race & Ethnicity
Hispanic or Latino 20.2% White (non-Hisp.) 44.1% Black 13.9% Asian 7.3% Two or More 16.9% Other 8.6%
Asian Subgroups (% of total pop.)
Filipino
2.6%
Korean
2.3%
Vietnamese
0.7%
Japanese
0.4%
Chinese
0.3%
Indian
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
13.5%
Puerto Rican
2.1%
Cuban
0.8%

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

Income & Poverty

Median Household Income $70,524 ±$3,456
-$24,428 vs. state
Per Capita Income $91,837
Median Family Income $84,102
Poverty Rate 8.2%
+1.8 pp vs. state
Child Poverty Rate 14.4%
Working-Age Poverty Rate
SNAP Recipients 16.1%
Social Security Income
Retirement Income 26.0%
Household Income Distribution
< $10k
4.7%
$10–15k
2.7%
$15–25k
7.1%
$25–35k
5.1%
$35–50k
12.8%
$50–75k
20.4%
$75–100k
15.3%
$100–150k
15.8%
$150–200k
7.2%
$200k+
8.8%

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

Housing

Total Housing Units 28,010
Owner-Occupied 44.8%
Renter-Occupied 55.2%
Vacancy Rate 6.7%
Median Home Value $420,500
-$99,300 vs. state
Median Gross Rent $1,460
Owner Cost Burden (30%+) 22.4%
Renter Cost Burden (30%+) 42.0%
Home Value Distribution
< $50k
8.7%
$50–100k
1.4%
$100–200k
1.2%
$200–300k
9.8%
$300–500k
47.1%
$500k–$1M
24.2%
$1M+
4.7%
Gross Rent Distribution
< $500
0.8%
$500–1k
12.4%
$1–1.5k
39.6%
$1.5–2k
29.4%
$2–2.5k
10.9%
$2.5–3.5k
5.6%
$3.5k+
1.2%
Vehicle Availability
No vehicle
8.0%
1 vehicle
38.8%
2 vehicles
33.4%
3+
19.8%
Housing Type
Single-fam. det.
44.0%
Single-fam. att.
5.6%
2–4 units
4.1%
5–19 units
10.2%
20+ units
10.4%
Mobile home
4.1%
Housing Age
Pre-1940
3.1%
1940–1969
4.8%
1970–1999
18.8%
2000–2009
8.8%
2010+
5.0%

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

Education

High School or Higher 87.1%
Bachelor's or Higher 22.6%
-16.2 pp vs. state
Graduate Degree 9.3%
Some College / Associate 27.2%
Less Than High School 4.6%
Enrolled in School

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

Employment

Labor Force Participation 62.0%
Unemployment Rate 5.5%
+0.5 pp vs. state
Work from Home 7.1%
Self-Employed 4.8%
Government Workers 16.9%
Private For-Profit 77.9%
Industry
Edu/Health
22.8%
Retail
12.1%
Prof. Services
10.6%
Arts/Entmt.
9.9%
Construction
8.8%
Transportation
8.7%
Manufacturing
6.1%
Public Admin
5.2%
Finance
5.1%
Wholesale
2.5%
Agriculture
0.8%
Information
0.7%
Occupation
Management
29.8%
Sales
22.3%
Food Prep
21.0%
Production
16.2%
Construction
10.7%

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

Commute

Median Travel Time 28.8 min
Drove Alone 74.9%
Carpool 12.1%
Public Transit 3.1%
Work from Home 7.1%
Walked 1.3%
Bicycle

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

Households & Families

Total Households 26,125
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 36.9%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 12.5%
Multigenerational

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

Age Distribution

Under 5
5.9%
5–9
6.2%
10–14
5.3%
15–19
5.1%
20–24
7.8%
25–34
17.9%
35–44
12.3%
45–54
10.6%
55–64
6.1%
65–74
6.3%
75–84
10.4%
85+
4.3%
Under 18: 20.6% Working age (18–64): 79.4% 65 and over: 16.6%

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

Social Characteristics

Immigration

Foreign Born 15.3%
Naturalized Citizen 49.5%
Speaks English Less Than Very Well 8.8%
Foreign-Born Origin
Latin America
43.0%
Asia
41.6%
Europe
7.6%
Africa
3.3%

Veterans & Disability

Veteran 13.3%
With a Disability 19.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 89.7%
Uninsured 10.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 90.8%
Has a Computer 95.0%
Same House 1 Year Ago 82.4%
Moved from Abroad 1.4%

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

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