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CITY · 2020 ACS

Lakewood

New Jersey · 69,398 residents · 7.079 sq mi
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The short version

Lakewood has lower-than-average household income, with a median household income of $50,139. The city has grown rapidly, with population up 92% since 2000. Median home value has more than tripled since 2000, reaching $497,300. At a median age of 18.2, residents skew younger than the country as a whole. The poverty rate of 29.6% is well above the national figure. Households here earn about 41% less than the New Jersey median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 18.2
US median: 38.8
Average education
34% hold a bachelor's degree
US average: 33%
Less affordable
home values up 151%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

69,398
+92%since 2000
from 36,065 in 2000
1990 – 2024
9,803 / sq mi
+92%since 2000
from 5,095 / sq mi in 2000
US average: 280
18.2
−21%since 2000
from 23.1 in 2000
US average: 38.8
Population, 19902024
22K35K48K61K74K1990201020202024Lakewood
202470K
1990201020202024
Section 02

Income & economy

$50,139
+8%inflation adjusted, since 2000
from $30,769 in 2000
US average: $66,278
1990 – 2024
$15,084
+28%since 2000
from $11,802 in 2000
US average: $35,364
Households earning $100K+
34.0%
+10.9 ptssince 2009
from 23.1% in 2009
US average: 43.9%
29.6%
+0.5 ptssince 2000
from 29.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Information8.2%
US avg: 11.1%
Other services7.3%
US avg: 6.6%
Wholesale trade7.3%
US avg: 6.7%
Public administration3.4%
US avg: 4.7%
Transportation & warehousing2.8%
US avg: 2.5%
Retail trade2.6%
US avg: 10%
Finance & insurance2.1%
US avg: 5.5%
Professional, scientific, technical1.9%
US avg: 4.7%
Arts, entertainment, food1%
US avg: 2%
Education & health services0.2%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$497,300
+151%inflation adjusted, since 2000
from $131,600 in 2000
US average: $265,253
1990 – 2024
$1,419
+17%inflation adjusted, since 2000
from $809 in 2000
US average: $1,124
35.1%
−9.0 ptssince 2000
from 44.1% in 2000
64.9% rent
9.9
+132%since 2000
from 4.3 in 2000
1990 – 2024
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)
2020
White, non-Hispanic83.6%(58,001)
Black1.7%(1,197)
Hispanic / Latino11.4%(7,922)
Asian0.3%(176)
Other0.4%(243)
Diversity Score31.1%(21,549)
31
−47%since 2000
from 59 in 2000
1990 – 2024
Section 05

Education

34.1%
+12.7 ptssince 2000
from 21.4% in 2000
US average: 32.9%
High school or higher
86.5%
+12.4 ptssince 2000
from 74.1% in 2000
US average: 88.5%
15.5%
+6.1 ptssince 2000
from 9.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

21.6 min
+9%since 2000
from 19.8 min in 2000
US average: 26.9
63.7%
+12.0 ptssince 2009
from 51.7% in 2009
US average: 75.1%
9.3%
−6.3 ptssince 2009
from 15.7% in 2009
US average: 8.4%
Section 07

Work & employment

6.3%
−1.5 ptssince 2011
from 7.8% in 2011
US average: 5.4%
54.7%
−1.5 ptssince 2011
from 56.2% in 2011
US average: 63.4%
50.9%
−14.7 ptssince 2009
from 65.6% in 2009
US average: 39.3%
Section 08

People & community

51.4%
+1.2 ptssince 2009
from 50.2% in 2009
48.6%
−1.2 ptssince 2009
from 49.8% in 2009
8.5%
−6.3 ptssince 2009
from 14.8% in 2009
US average: 13.5%
5.9%
−82.1 ptssince 2013
from 88.0% in 2013
US average: 8.8%
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Frequently asked

How many people live in Lakewood, New Jersey?

Lakewood, New Jersey has about 69,398 residents according to the 2020 American Community Survey.

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

The typical household in Lakewood, New Jersey earns about $50,139 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 $497,300, and the typical rent is about $1,419 a month.

How educated are people in Lakewood, New Jersey?

About 34.1% 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 29.6% 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 43,303 residents, a change of about 166 percent over that period.

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

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