Lakewood

Population: 69,884
Median household income: $57,576
Median home value: $618,400

Lakewood, a community in Ocean County, New Jersey, has 69,884 residents. The median household income of $57,576 is below the Ocean County median ($86,411).

From 2019 to 2023, Lakewood's population grew 24.6% from 56,072 to 69,884, while its median home value rose 30.4% from $474,400 to $618,400.

White (non-Hispanic) residents are the largest group, 82.3% of the population. 63.1% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 69,884
Median age: 17.3 yrs
Median household income: $57,576
Median home value: $618,400
Median gross rent: $1,647
Housing units: 14,534
Homeownership rate: 37.0%
Bachelor's degree or higher: 31.3%
Unemployment rate: 6.8%

Trends

ACS 5-year · 2019–2023

Population

56,07269,884

Median household income

$50,897$57,576

Median home value

$474,400$618,400

Median gross rent

$1,388$1,647

Year	Population	Median household income	Median home value	Median gross rent
2019	56,072	$50,897	$474,400	$1,388
2020	55,039	$50,139	$497,300	$1,419
2021	66,752	$52,222	$519,500	$1,531
2022	68,555	$54,826	$604,600	$1,619
2023	69,884	$57,576	$618,400	$1,647

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 517.4%

5 to 1734.3%

18 to 2411.2%

25 to 3411.9%

35 to 449.3%

45 to 547.0%

55 to 643.6%

65 to 743.1%

75 and over2.2%

	Count	Share
Under 5	12,152	17.4%
5 to 17	23,990	34.3%
18 to 24	7,861	11.2%
25 to 34	8,305	11.9%
35 to 44	6,521	9.3%
45 to 54	4,882	7.0%
55 to 64	2,482	3.6%
65 to 74	2,151	3.1%
75 and over	1,540	2.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	57,503	82.3%
Black or African American	1,027	1.5%
American Indian & Alaska Native	0	0.0%
Asian	466	0.7%
Native Hawaiian & Pacific Islander	11	0.0%
Some other race	429	0.6%
Two or more races	761	1.1%
Hispanic or Latino (any race)	9,687	13.9%

Educational attainment (age 25+)

No high school diploma10.4%

High school graduate29.0%

Some college or associate's29.3%

Bachelor's degree17.1%

Graduate or professional degree14.1%

	Count	Share
No high school diploma	2,703	10.4%
High school graduate	7,517	29.0%
Some college or associate's	7,573	29.3%
Bachelor's degree	4,426	17.1%
Graduate or professional degree	3,662	14.1%

Commute to work

Mean travel time to work: 21 min

Drove alone63.1%

Carpooled13.3%

Public transit2.2%

Walked5.2%

Bicycle0.2%

Worked from home14.8%

Other means1.2%

How workers get to work

	Count	Share
Drove alone	11,081	63.1%
Carpooled	2,335	13.3%
Public transit	389	2.2%
Walked	921	5.2%
Bicycle	35	0.2%
Worked from home	2,596	14.8%
Other means	202	1.2%

Travel time

	Count	Share
Under 15 min	6,228	41.6%
15 to 29 min	5,823	38.9%
30 to 44 min	1,224	8.2%
45 to 59 min	212	1.4%
60+ min	1,476	9.9%

Households

Average household size: 4.89
Poverty rate: 29.3% (20,032 of 68,275)

	Count	Share
Family households	12,451	89.1%
Nonfamily households	1,517	10.9%

Housing

Median year structure built: 1992

Occupancy

	Count	Share
Occupied	13,968	96.1%
Vacant	566	3.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	5,173	37.0%
Renter-occupied	8,795	63.0%

1-unit, detached34.5%

1-unit, attached31.6%

2 to 4 units13.0%

5 to 19 units7.8%

20 or more units13.0%

Mobile home & other0.1%

Units in structure

	Count	Share
1-unit, detached	5,009	34.5%
1-unit, attached	4,596	31.6%
2 to 4 units	1,889	13.0%
5 to 19 units	1,134	7.8%
20 or more units	1,891	13.0%
Mobile home & other	15	0.1%

Geography

Place GEOID: 3438580
Type (LSAD): 57
Land area: 7.08 sq mi
Water area: 0.24 sq mi
Center point: 40.0940, -74.2115