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ZipNumbers

Ohio · Census place 41664

Lakewood city, OH

Quick answer

Lakewood city has 50,229 residents, ranking #18 of 1265 places in Ohio. Median household income is $65,925, the median home is worth $241,500 and median gross rent runs $1,013 a month.

Population
50,229Lakewood city residents
Median household income
$65,925Past 12 months, inflation adjusted
Median home value
$241,500Owner-occupied units
Median gross rent
$1,013Rent plus utilities, monthly
Median age
34.7 yrsAll residents
Homeownership rate
44.5%Owner-occupied households

What the numbers mean in Lakewood city

Housing cost measured against local earnings.

A household earning the Lakewood city median would spend about 18.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 44.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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