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
Compare with nearby places
Places of similar size in Ohio.
- Cuyahoga Falls city 50,864
- Middletown city 50,607
- Newark city 50,393
- Dublin city 49,031
- Euclid city 48,991
- Mansfield city 47,686
- Mentor city 47,215
Keep going
More Ohio coverage.