Lakewood, Ohio

Moving to or Living in Lakewood Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Lakewood, Ohio
Moving to Lakewood In Ohio ? Find out the best and worst about to live, raise a family or retire in Lakewood, the Pros and Cons of Living in Lakewood.

Explore the life in Lakewood based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Lakewood
  2. Pros and Cons of Living In Lakewood
  3. Crime In Lakewood
  4. Cost of Living In Lakewood
  5. Gender In Lakewood
  6. Household Income For Lakewood
  7. Education In Lakewood
  8. Race & Ethnicity In Lakewood
About Lakewood, Ohio
Is Lakewood, Ohio a good place to live?
Lakewood is a city in Ohio state in USA with a population of 50002 residents.. The poverty rate of Lakewood is 13%, which is 7% lower than national average. The typical household in Lakewood earns $54487 a year, compared to the national median of $67,500. Nearly 44.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lakewood, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lakewood remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lakewood, only 47% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Lakewood is 95, which is 5% lower than national average. Median home value in Lakewood is $171600 , which is 25% lower than national average. While median income in Lakewood remained $54487, which is 19% lower than national average.
Population
50002
Unemployment
5.3%
13% NAT AVG.
Poverty
13%
7% NAT AVG.
Overall Score
7
Median Home
$171600
25% NAT AVG.
Median Income
$54487
19% NAT AVG.
Median Rent
$813
30% NAT AVG.
Cost Of Living
95
5% NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 19
People Earning < $10,000
1 in 16
People Earning < $50,000
44.6%
People with <= High School
1 in 4
People With Any Degree
1 in 1.9
Pros & Cons Overview

Jobs70%

Housing70%

Affordability80%

Safety80%

Amenities100%

Diversity70%

Education85%

Commute80%


Cost of Living
Expense Lakewood Ohio National Avg.
Services 102 100 100
Groceries 106 99 100
Health 110 100 100
Housing 74 74 100
Transportation 99 102 100
Utilities 93 93 100
Cost of Living
Gender
Gender Lakewood Ohio Country
Female 51.3% 51% 50.8%
Male 48.7% 49% 49.2%
Gender

Household Income


Income Lakewood Ohio Country
Less than $10,000 6.1% 6.6% 5.8%
$10,000 to $14,999 5.2% 4.4% 4.1%
$15,000 to $24,999 9.8% 9.5% 8.5%
$25,000 to $34,999 9.9% 9.6% 8.6%
$35,000 to $49,999 13.6% 13.3% 12.0%
$50,000 to $74,999 20.3% 18.4% 17.2%
$75,000 to $99,999 10.8% 13% 12.8%
$100,000 to $149,999 12.9% 14.4% 15.6%
$150,000 to $199,999 6.4% 5.6% 7.1%
$200,000 or more 4.9% 5.2% 8.3%
Education


Education Lakewood Ohio Country
< 9th Grade 3% 2% 5.0%
9-12th Grade 3% 7% 7.0%
High School or GED 19% 33% 27.0%
Other College 21% 20% 20.0%
Associate's Degree 7% 9% 9%
Bachelor's Degree 30% 18% 20.0%
Master's Degree 13% 8% 9.0%
Professional Degree 3% 2% 2.0%
Doctorate Degree 1% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Lakewood Ohio Country
White 83.1% 78.3% 60.1%
African American 6.3% 12.2% 12.2%
American Indian 0.1% 0.1% 0.6%
Asian 2.3% 2.3% 5.6%
Hawaiian 0% 0% 0.2%
Other 0.3% 0.3% 0.3%
Multiracial 3.6% 2.9% 2.8%
Hispanic 4.4% 3.9% 18.2%
Race / Ethnicity