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CITY

Lakewood

Washington · 62,755 residents (2025 est.) · 17.06 sq mi
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The short version

Lakewood has roughly average household income, with a median household income of $74,720. Population has held roughly steady since 2000. Median home value has roughly tripled since 2000, reaching $461,200.

At a glance
Lower income
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
Section 01

Population & growth

Total population
62,937
+8%since 2000
from 58,211 in 2000
1990 – 2025
Population density
3,689 / sq mi
+8%since 2000
from 3,412 / sq mi in 2000
US average: 281
Median age
37.4
+7%since 2000
from 35.0 in 2000
US average: 38.9

PEP 2025 EST:62,755 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
57K58K60K62K64K1990201020202024Lakewood
202463K
1990201020202024
Section 02

Income & economy

Median household income
$74,720
+13%inflation adjusted, since 2000
from $36,422 in 2000
US average: $82,259
1990 – 2024
Per capita income
$44,695
+117%since 2000
from $20,569 in 2000
US average: $44,673
Households earning $100K+
49.8%
+24.6 ptssince 2009
from 25.2% in 2009
US average: 53.3%
Poverty rate
13.2%
−2.6 ptssince 2000
from 15.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.474
−2%since 2010
from 0.484 in 2010
US average: 0.476
Workforce by industry, 2024
Information11.7%
US avg: 10.8%
Wholesale trade9.2%
US avg: 6.9%
Finance & insurance8.8%
US avg: 5.9%
Professional, scientific, technical8.4%
US avg: 5.1%
Other services5.5%
US avg: 6.7%
Retail trade4.6%
US avg: 9.9%
Public administration3.1%
US avg: 4.8%
Transportation & warehousing2.8%
US avg: 2.2%
Agriculture, forestry, fishing0.9%
US avg: 1.6%
Construction0.9%
US avg: 1.2%
Arts, entertainment, food0.8%
US avg: 1.9%
Education & health services0.4%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$461,200
+81%inflation adjusted, since 2000
from $139,800 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,525
+52%inflation adjusted, since 2000
from $550 in 2000
US average: $1,442
Owner-occupied
47.5%
−0.2 ptssince 2000
from 47.7% in 2000
52.5% rent
Vacancy rate
7.3%
−0.4 ptssince 2009
from 7.7% in 2009
US average: 10.0%
Owner cost-burdened
25.5%
−5.7 ptssince 2009
from 31.2% in 2009
US average: 22.9%
Renter cost-burdened
50.2%
+3.3 ptssince 2009
from 46.8% in 2009
US average: 47.4%
Afford Score
6.2
+61%since 2000
from 3.8 in 2000
1990 – 2024
Gentrification Score
57
RELATED:See current rent listings in Lakewood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic61.6%(35,829)
Black11.8%(6,890)
Hispanic / Latino8.5%(4,941)
Asian8.8%(5,144)
Other0%
Diversity Score63%(36,697)
2024
White, non-Hispanic45%(28,313)
Black13.3%(8,398)
Hispanic / Latino18.8%(11,845)
Asian6.9%(4,366)
Other15.9%(10,015)
Diversity Score89.3%(56,192)
Diversity Score
89
+42%since 2000
from 63 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
23.2%
+1.4 ptssince 2000
from 21.8% in 2000
US average: 35.6%
High school or higher
87.7%
+2.3 ptssince 2000
from 85.4% in 2000
US average: 89.6%
Graduate degree
9.5%
+1.1 ptssince 2000
from 8.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.3 min
+70%since 2000
from 17.2 min in 2000
US average: 26.5
Drive alone to work
72.2%
−2.0 ptssince 2009
from 74.2% in 2009
US average: 68.9%
Carpooled to work
13.2%
Unchangedsince 2009
from 13.2% in 2009
US average: 8.5%
Public transit
3.2%
−2.2 ptssince 2009
from 5.3% in 2009
US average: 3.2%
Worked from home
8.8%
+7.0 ptssince 2009
from 1.8% in 2009
US average: 15.0%
Walked to work
1.1%
−1.6 ptssince 2009
from 2.7% in 2009
US average: 2.4%
Biked to work
0.7%
+0.3 ptssince 2009
from 0.4% in 2009
US average: 0.4%
No vehicle available
8.8%
−1.1 ptssince 2009
from 9.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.7%
−7.4 ptssince 2011
from 13.1% in 2011
US average: 5.2%
Labor force participation
61.3%
+0.6 ptssince 2011
from 60.7% in 2011
US average: 63.5%
Self-employed
11.8%
+0.8 ptssince 2009
from 11.0% in 2009
US average: 13.1%
Management & professional
32.0%
−28.2 ptssince 2009
from 60.2% in 2009
US average: 42.5%
Section 08

People & community

Male
49.5%
−0.2 ptssince 2009
from 49.6% in 2009
Female
50.5%
+0.2 ptssince 2009
from 50.4% in 2009
Foreign born
15.3%
+0.5 ptssince 2009
from 14.8% in 2009
US average: 14.1%
Veterans
13.7%
−33.6 ptssince 2009
from 47.3% in 2009
US average: 6.2%
With a disability
20.6%
+4.4 ptssince 2012
from 16.2% in 2012
US average: 13.3%
Uninsured
10.1%
−74.0 ptssince 2013
from 84.1% in 2013
US average: 8.4%
Broadband at home
91.8%
+13.5 ptssince 2017
from 78.3% in 2017
US average: 91.0%
English only at home
76.8%
+0.3 ptssince 2016
from 76.6% in 2016
US average: 77.7%
Spanish at home
12.4%
+1.8 ptssince 2016
from 10.6% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Lakewood to nearby cities

LAKEWOOD VS
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Income$99,031+33%
Home value$624,800+35%
Population35,479−43%
SEE FULL COMPARISON →
LAKEWOOD VS
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Income$72,239−3%
Home value$423,000−8%
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LAKEWOOD VS
Fort Lewis
Income$58,796−21%
Home value$211,500−54%
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LAKEWOOD VS
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Income$84,700+13%
Home value$412,800−10%
Population9,050−86%
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Frequently asked

How many people live in Lakewood, Washington?

Lakewood, Washington has about 62,937 residents according to the 2024 American Community Survey.

What is the median household income in Lakewood, Washington?

The typical household in Lakewood, Washington earns about $74,720 a year. Half of households make more than that, and half make less.

Is Lakewood, Washington expensive?

In Lakewood, Washington, the median home is worth about $461,200, and the typical rent is about $1,525 a month.

How educated are people in Lakewood, Washington?

About 23.2% of adults age 25 and over in Lakewood, Washington hold a bachelor's degree or higher.

What is the poverty rate in Lakewood, Washington?

About 13.2% of people in Lakewood, Washington live below the federal poverty line.

Has Lakewood, Washington grown since 1990?

Yes, Lakewood, Washington has grown since 1990. The population has added about 4,525 residents, a change of about 8 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 →