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CITY

Lakewood

New Jersey · 69,585 residents · 7.079 sq mi
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Notable rankings
#5Youngest by median ageof 6,82617.5
The short version

Lakewood has notably lower household income than the US average, with a median household income of $56,968. The city has grown rapidly, with population up 93% since 2000. Median home value has more than tripled since 2000, reaching $715,500. At a median age of 17.5, residents skew younger than the country as a whole. The poverty rate of 29.9% is well above the national figure. Households here earn about 45% less than the New Jersey median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 17.5
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Less affordable
home values up 198%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
69,585
+93%since 2000
from 36,065 in 2000
1990 – 2024
Population density
9,830 / sq mi
+93%since 2000
from 5,095 / sq mi in 2000
US average: 281
Median age
17.5
−24%since 2000
from 23.1 in 2000
US average: 38.9
Population, 1990 – 2024
22K35K48K61K74K1990201020202024Lakewood
202470K
1990201020202024
Section 02

Income & economy

Median household income
$56,968
+2%inflation adjusted, since 2000
from $30,769 in 2000
US average: $82,259
1990 – 2024
Per capita income
$19,050
+61%since 2000
from $11,802 in 2000
US average: $44,673
Households earning $100K+
40.2%
+17.1 ptssince 2009
from 23.1% in 2009
US average: 53.3%
Poverty rate
29.9%
+0.9 ptssince 2000
from 29.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.496
+2%since 2010
from 0.485 in 2010
US average: 0.476
Workforce by industry, 2024
Information10%
US avg: 10.8%
Other services7.3%
US avg: 6.7%
Wholesale trade6.6%
US avg: 6.9%
Retail trade4.6%
US avg: 9.9%
Public administration3.9%
US avg: 4.8%
Transportation & warehousing3%
US avg: 2.2%
Finance & insurance2.9%
US avg: 5.9%
Professional, scientific, technical2.7%
US avg: 5.1%
Arts, entertainment, food2.1%
US avg: 1.9%
Agriculture, forestry, fishing0.1%
US avg: 1.6%
Construction0.1%
US avg: 1.2%
Education & health services0.1%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$715,500
+198%inflation adjusted, since 2000
from $131,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,718
+17%inflation adjusted, since 2000
from $809 in 2000
US average: $1,442
Owner-occupied
39.1%
−5.1 ptssince 2000
from 44.1% in 2000
60.9% rent
Vacancy rate
4.6%
−5.0 ptssince 2009
from 9.6% in 2009
US average: 10.0%
Owner cost-burdened
44.6%
−12.4 ptssince 2009
from 57.0% in 2009
US average: 22.9%
Renter cost-burdened
71.2%
+2.5 ptssince 2009
from 68.8% in 2009
US average: 47.4%
Afford Score
12.6
+194%since 2000
from 4.3 in 2000
1990 – 2024
Gentrification Score
63
RELATED:See current rent listings in Lakewood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic68.3%(24,625)
Black11.6%(4,181)
Hispanic / Latino17.7%(6,381)
Asian0.9%(328)
Other0%
Diversity Score59.1%(21,324)
2024
White, non-Hispanic82.1%(57,161)
Black1.7%(1,154)
Hispanic / Latino13.1%(9,147)
Asian0.4%(285)
Other2.6%(1,838)
Diversity Score38.4%(26,698)
Diversity Score
38
−35%since 2000
from 59 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
31.9%
+10.5 ptssince 2000
from 21.4% in 2000
US average: 35.6%
High school or higher
89.3%
+15.2 ptssince 2000
from 74.1% in 2000
US average: 89.6%
Graduate degree
15.3%
+5.9 ptssince 2000
from 9.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.8 min
+5%since 2000
from 19.8 min in 2000
US average: 26.5
Drive alone to work
62.1%
+10.4 ptssince 2009
from 51.7% in 2009
US average: 68.9%
Carpooled to work
13.2%
−7.2 ptssince 2009
from 20.4% in 2009
US average: 8.5%
Public transit
1.6%
−2.7 ptssince 2009
from 4.3% in 2009
US average: 3.2%
Worked from home
16.1%
+7.3 ptssince 2009
from 8.8% in 2009
US average: 15.0%
Walked to work
5.6%
−4.3 ptssince 2009
from 9.8% in 2009
US average: 2.4%
Biked to work
0.2%
−2.0 ptssince 2009
from 2.2% in 2009
US average: 0.4%
No vehicle available
10.0%
−5.7 ptssince 2009
from 15.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.3%
−1.5 ptssince 2011
from 7.8% in 2011
US average: 5.2%
Labor force participation
52.9%
−3.3 ptssince 2011
from 56.2% in 2011
US average: 63.5%
Self-employed
13.3%
+1.0 ptssince 2009
from 12.3% in 2009
US average: 13.1%
Management & professional
49.3%
−16.3 ptssince 2009
from 65.6% in 2009
US average: 42.5%
Section 08

People & community

Male
51.6%
+1.4 ptssince 2009
from 50.2% in 2009
Female
48.4%
−1.4 ptssince 2009
from 49.8% in 2009
Foreign born
8.5%
−6.3 ptssince 2009
from 14.8% in 2009
US average: 14.1%
Veterans
1.4%
−48.9 ptssince 2009
from 50.3% in 2009
US average: 6.2%
With a disability
4.8%
−0.7 ptssince 2012
from 5.5% in 2012
US average: 13.3%
Uninsured
4.1%
−83.9 ptssince 2013
from 88.0% in 2013
US average: 8.4%
Broadband at home
58.4%
+9.1 ptssince 2017
from 49.3% in 2017
US average: 91.0%
English only at home
74.0%
+5.9 ptssince 2016
from 68.1% in 2016
US average: 77.7%
Spanish at home
10.7%
−6.5 ptssince 2016
from 17.2% in 2016
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Lakewood, New Jersey?

Lakewood, New Jersey has about 69,585 residents according to the 2024 American Community Survey.

What is the median household income in Lakewood, New Jersey?

The typical household in Lakewood, New Jersey earns about $56,968 a year. Half of households make more than that, and half make less.

Is Lakewood, New Jersey expensive?

In Lakewood, New Jersey, the median home is worth about $715,500, and the typical rent is about $1,718 a month.

How educated are people in Lakewood, New Jersey?

About 31.9% of adults age 25 and over in Lakewood, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Lakewood, New Jersey?

About 29.9% of people in Lakewood, New Jersey live below the federal poverty line.

Has Lakewood, New Jersey grown since 1990?

Yes, Lakewood, New Jersey has grown since 1990. The population has added about 43,490 residents, a change of about 167 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →