Pros and Cons of Living In Lakewood, Colorado. Is Lakewood, CO a Nice Place To Live or Retire?

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Lakewood, Colorado

Moving to Lakewood In Colorado ? Is Lakewood, CO a Nice Place To Live? Pros and Cons of Living in Lakewood, Colorado. Find out the best and worst about to live, raise a family or retire in Lakewood.

Lakewood is the home rule municipality that is the most populous municipality in Jefferson County, Colorado, United States. The city population was 155,984 at the 2020 U.S. Census, making Lakewood the fifth most populous city in Colorado and the 167th most populous city in the United States. Lakewood is a suburb of Denver and is a principal city of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and a major city of the Front Range Urban Corridor.

DEMOGRAPHICS

Population
155733
Unemployment
4%
15% NAT AVG.
Poverty
9.2%
34% NAT AVG.
Cost Of Living
115
15% NAT AVG.

ECONOMICS

Median Home Cost
$398200
73% NAT AVG.
Median Income
$71233
6% NAT AVG.
Median Rent
$1430
23% NAT AVG.
Overall Score
8

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 25
People Earning < $10,000
1 in 22
People Earning < $50,000
33.3%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Lakewood USA
White 68.9% 60.1%
African American 1.3% 12.2%
American Indian 0.6% 0.6%
Asian 3.5% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 2.7% 2.8%
Hispanic 22.7% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Lakewood USA
Less than $10,000 4.6% 5.8%
$10,000 to $14,999 2.5% 4.1%
$15,000 to $24,999 7.2% 8.5%
$25,000 to $34,999 6.3% 8.6%
$35,000 to $49,999 12.7% 12.0%
$50,000 to $74,999 19.4% 17.2%
$75,000 to $99,999 14% 12.8%
$100,000 to $149,999 18.6% 15.6%
$150,000 to $199,999 7.8% 7.1%

EDUCATION

Education Lakewood USA
< 9th Grade 3% 5.0%
9-12th Grade 5% 7.0%
High School or GED 23% 27.0%
Other College 20% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 27% 20.0%
Master's Degree 11% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Lakewood is a city in Colorado state in USA with a population of 155733 residents.. The poverty rate of Lakewood is 9.2%, which is 34% lower than national average. The typical household in Lakewood earns $71233 a year, compared to the national median of $67,500. Nearly 33.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Lakewood remained 4%, which is 15% lower than national rate.

Cost of living in Lakewood is 115, which is 15% higher than national average. In Lakewood, only 42% of adults have a bachelor's degree and 27% have some college but no degree. Median home value in Lakewood is $398200 , which is 73% higher than national average. While median income in Lakewood remained $71233, which is 6% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Lakewood Scorecard

Jobs80%

Housing90%

Affordability40%

Safety30%

Amenities95%

Diversity85%

Education85%

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