With 62,937 people, Lakewood is a city in Washington. 48% of homes are owner-occupied. 23% of adults hold a bachelor's degree, below the 36% national rate. There are 3,689 people per square mile. Households here earn about 24% less than in Washington as a whole. Home values have roughly tripled since 2000, reaching $461,200.
At a glance
Lower income
median household income $74,720, below the US median
US median: $82,259
Younger
median age 37.4
US median: 38.9
Less educated
23% hold a bachelor's degree
US average: 36%
Less affordable
home values up 81%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Lakewood
What changed most since 1990
Median home value (2024 dollars)$208,326 → $461,200(+121%)US over the same years: +67%
White share72.0% → 45.0%(−27.0 pts)US over the same years: −17.8 pts
Lakewood's population equals 6.8% of Pierce County's. Its number of people who work from home equals 4.1% of the county's. Its number of households without a car equals 12% of the county's.
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)42.4%(2,795)
US avg: 26.4%
Gulf War (1990s)35%(2,311)
US avg: 24.3%
Vietnam era27.6%(1,819)
US avg: 33.1%
Korean War2.7%(178)
US avg: 4.5%
World War II0.8%(55)
US avg: 1%
Share of the 6,594 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Lakewood, decade by decade
Lakewood population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
58,412
$62,949
$208,326
20.7%
57.0
2000
58,211
$66,348
$254,667
21.8%
72.9
2010
58,163
$61,105
$353,457
22.8%
82.1
2020
63,612
$67,538
$375,247
22.2%
89.8
2024
62,937
$74,720
$461,200
23.2%
89.3
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
