Lakewood

Population: 50,229
Median household income: $65,925
Median home value: $241,500

Lakewood is a community in Cuyahoga County, Ohio, home to 50,229 residents. Its median household income of $65,925 runs above the Cuyahoga County figure of $62,823.

From 2019 to 2023, Lakewood's population held roughly steady from 50,259 to 50,229, while its median home value rose 52.8% from $158,100 to $241,500.

The median gross rent is $1,013. 53.9% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 50,229
Median age: 34.7 yrs
Median household income: $65,925
Median home value: $241,500
Median gross rent: $1,013
Housing units: 28,973
Homeownership rate: 44.5%
Bachelor's degree or higher: 53.9%
Unemployment rate: 5.2%

Trends

ACS 5-year · 2019–2023

Population

50,25950,229

Median household income

$53,290$65,925

Median home value

$158,100$241,500

Median gross rent

$797$1,013

Year	Population	Median household income	Median home value	Median gross rent
2019	50,259	$53,290	$158,100	$797
2020	50,002	$54,487	$171,600	$813
2021	50,841	$57,588	$185,600	$857
2022	50,605	$63,299	$221,100	$941
2023	50,229	$65,925	$241,500	$1,013

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

Age distribution

Under 54.6%

5 to 1710.0%

18 to 249.3%

25 to 3426.6%

35 to 4413.1%

45 to 5410.2%

55 to 6411.0%

65 to 749.6%

75 and over5.4%

	Count	Share
Under 5	2,309	4.6%
5 to 17	5,018	10.0%
18 to 24	4,680	9.3%
25 to 34	13,386	26.6%
35 to 44	6,581	13.1%
45 to 54	5,145	10.2%
55 to 64	5,540	11.0%
65 to 74	4,833	9.6%
75 and over	2,737	5.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	41,785	83.2%
Black or African American	3,119	6.2%
American Indian & Alaska Native	7	0.0%
Asian	1,196	2.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	138	0.3%
Two or more races	1,720	3.4%
Hispanic or Latino (any race)	2,264	4.5%

Educational attainment (age 25+)

No high school diploma4.6%

High school graduate18.3%

Some college or associate's23.1%

Bachelor's degree34.7%

Graduate or professional degree19.2%

	Count	Share
No high school diploma	1,753	4.6%
High school graduate	7,011	18.3%
Some college or associate's	8,846	23.1%
Bachelor's degree	13,277	34.7%
Graduate or professional degree	7,335	19.2%

Commute to work

Mean travel time to work: 23 min

Drove alone69.0%

Carpooled5.7%

Public transit2.3%

Walked2.3%

Bicycle0.5%

Worked from home19.0%

Other means1.1%

How workers get to work

	Count	Share
Drove alone	20,808	69.0%
Carpooled	1,715	5.7%
Public transit	707	2.3%
Walked	696	2.3%
Bicycle	154	0.5%
Worked from home	5,742	19.0%
Other means	342	1.1%

Travel time

	Count	Share
Under 15 min	5,396	22.1%
15 to 29 min	11,936	48.9%
30 to 44 min	5,173	21.2%
45 to 59 min	1,063	4.4%
60+ min	854	3.5%

Households

Average household size: 1.88
Poverty rate: 10.8% (5,393 of 49,830)

	Count	Share
Family households	9,815	36.9%
Nonfamily households	16,754	63.1%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	26,569	91.7%
Vacant	2,404	8.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	11,832	44.5%
Renter-occupied	14,737	55.5%

1-unit, detached36.1%

1-unit, attached4.7%

2 to 4 units21.6%

5 to 19 units12.4%

20 or more units25.1%

Mobile home & other0.1%

Units in structure

	Count	Share
1-unit, detached	10,470	36.1%
1-unit, attached	1,367	4.7%
2 to 4 units	6,260	21.6%
5 to 19 units	3,585	12.4%
20 or more units	7,262	25.1%
Mobile home & other	29	0.1%

Geography

Place GEOID: 3941664
Type (LSAD): 25
Land area: 5.54 sq mi
Water area: 1.15 sq mi
Center point: 41.4833, -81.8011