Lakewood, Washington Median Income

Lakewood, Washington has a population of 63,118, with a median household income of $82,118.

Current median income data for Lakewood.

$82,118

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Population

63,118

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Median Income

$82,118

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Unemployment

2.90%

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Housing Price

$522,800

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Crime Rate

4.20

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Internet Speed

276.40 Mbps

Lakewood is a smaller urban community located in Washington. The city has a population that is above the average city population in Washington, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lakewood, located in Washington, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lakewood has a population of 63,118, which is higher than the state average. This indicates a relatively larger urban presence within Washington.

Income and Economy

The median household income in Lakewood is $82,118, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lakewood average around $522,800, which is relatively high compared to other cities in Washington.

Employment and Safety

The unemployment rate in Lakewood is 2.90%, which is lower than the state average, indicating a relatively strong job market. Lakewood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Washington, Lakewood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Washington, Lakewood contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lakewood

What is the population of Lakewood?

The population of Lakewood is approximately 63,118.

Is Lakewood a good place to live?

Lakewood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lakewood?

The median household income in Lakewood is around $82,118.

How expensive is housing in Lakewood?

The average housing price in Lakewood is approximately $522,800.