Lakewood vs University Place

A side-by-side comparison of Lakewood and University Place: population, income, housing, and more.

Lakewood and University Place are places in Washington. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lakewood has the higher population (63,034 vs 34,850 in University Place). University Place has the higher median household income ($94,952 vs $70,524 in Lakewood). University Place has the higher median home value ($578,100 vs $420,500 in Lakewood).

Population, income & housing

	Lakewood	University Place
Population	63,034	34,850
Median age	36.3 yrs	38.9 yrs
Median household income	$70,524	$94,952
Median home value	$420,500	$578,100
Median gross rent	$1,460	$1,664
Housing units	28,010	14,409
Homeownership rate	44.8%	58.9%
Bachelor's degree or higher	22.6%	43.5%
Unemployment rate	5.5%	4.1%

Trends (ACS 5-year, 2019–2023)

	Lakewood	University Place
Population	60,111 → 63,034 (+4.9%)	33,326 → 34,850 (+4.6%)
Median household income	$51,972 → $70,524 (+35.7%)	$71,697 → $94,952 (+32.4%)
Median home value	$269,200 → $420,500 (+56.2%)	$367,200 → $578,100 (+57.4%)
Median gross rent	$1,034 → $1,460 (+41.2%)	$1,198 → $1,664 (+38.9%)

Lakewood

Population

60,11163,034

Median household income

$51,972$70,524

Median home value

$269,200$420,500

Median gross rent

$1,034$1,460

University Place

Population

33,32634,850

Median household income

$71,697$94,952

Median home value

$367,200$578,100

Median gross rent

$1,198$1,664

Age & race/ethnicity

Age distribution (share)

	Lakewood	University Place
Under 5	5.9%	5.5%
5 to 17	14.7%	18.7%
18 to 24	9.6%	8.8%
25 to 34	17.9%	11.7%
35 to 44	12.3%	13.9%
45 to 54	10.6%	11.9%
55 to 64	12.4%	11.6%
65 to 74	10.4%	10.1%
75 and over	6.2%	7.8%

Race & ethnicity (share)

	Lakewood	University Place
White (non-Hispanic)	44.1%	60.6%
Black or African American	12.7%	7.2%
American Indian & Alaska Native	0.4%	0.3%
Asian	7.2%	10.7%
Native Hawaiian & Pacific Islander	3.7%	0.8%
Some other race	0.8%	0.2%
Two or more races	10.8%	8.7%
Hispanic or Latino	20.2%	11.6%

Educational attainment (age 25+)

Share of adults 25+

	Lakewood	University Place
No high school diploma	12.9%	4.2%
High school graduate	25.4%	20.3%
Some college or associate's	39.1%	32.1%
Bachelor's degree	13.3%	24.4%
Graduate or professional degree	9.3%	19.1%

Commute to work

How workers get to work (share)

	Lakewood	University Place
Drove alone	74.9%	70.7%
Carpooled	12.1%	8.4%
Public transit	3.1%	2.5%
Walked	1.3%	1.5%
Bicycle	0.7%	1.1%
Worked from home	7.1%	14.9%
Other means	0.7%	0.8%

Housing

Units in structure (share)

	Lakewood	University Place
1-unit, detached	44.0%	55.2%
1-unit, attached	5.6%	6.3%
2 to 4 units	12.8%	11.9%
5 to 19 units	22.9%	14.9%
20 or more units	10.4%	10.5%
Mobile home & other	4.3%	1.2%

Poverty & households

	Lakewood	University Place
Poverty rate	13.6%	8.6%
Average household size	2.36	2.51
Mean commute (minutes)	29	28
Median year structure built	1974	1980