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CITY · 2020 ACS

Lakewood

Washington · 63,612 residents · 17.06 sq mi
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The short version

Lakewood has lower-than-average household income, with a median household income of $55,723. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $309,600. Households here earn about 28% less than the Washington median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 36.8
US median: 38.8
Less educated
22% hold a bachelor's degree
US average: 33%
Less affordable
home values up 47%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
63,612
+9%since 2000
from 58,211 in 2000
1990 – 2025
Population density
3,729 / sq mi
+9%since 2000
from 3,412 / sq mi in 2000
US average: 280
Median age
36.8
+5%since 2000
from 35.0 in 2000
US average: 38.8
Population, 1990 – 2024
57K58K60K62K64K1990201020202024Lakewood
202463K
1990201020202024
Section 02

Income & economy

Median household income
$55,723
+2%inflation adjusted, since 2000
from $36,422 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,856
+50%since 2000
from $20,569 in 2000
US average: $35,364
Households earning $100K+
35.1%
+9.9 ptssince 2009
from 25.2% in 2009
US average: 43.9%
Poverty rate
14.7%
−1.1 ptssince 2000
from 15.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Information11.8%
US avg: 11.1%
Wholesale trade8%
US avg: 6.7%
Finance & insurance7.4%
US avg: 5.5%
Professional, scientific, technical7.1%
US avg: 4.7%
Retail trade5.6%
US avg: 10%
Other services4.7%
US avg: 6.6%
Public administration3.3%
US avg: 4.7%
Transportation & warehousing2.4%
US avg: 2.5%
Arts, entertainment, food0.6%
US avg: 2%
Agriculture, forestry, fishing0.4%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Education & health services0.3%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$309,600
+47%inflation adjusted, since 2000
from $139,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,095
+32%inflation adjusted, since 2000
from $550 in 2000
US average: $1,124
Owner-occupied
45.2%
−2.5 ptssince 2000
from 47.7% in 2000
54.8% rent
Afford Score
5.6
+45%since 2000
from 3.8 in 2000
1990 – 2024
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)
2020
White, non-Hispanic45.6%(29,002)
Black12.5%(7,970)
Hispanic / Latino18.1%(11,516)
Asian8.9%(5,659)
Other13.2%(8,397)
Diversity Score88.6%(56,346)
Diversity Score
89
+41%since 2000
from 63 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
22.2%
+0.4 ptssince 2000
from 21.8% in 2000
US average: 32.9%
High school or higher
88.5%
+3.1 ptssince 2000
from 85.4% in 2000
US average: 88.5%
Graduate degree
7.8%
−0.6 ptssince 2000
from 8.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
29.3 min
+70%since 2000
from 17.2 min in 2000
US average: 26.9
Drive alone to work
73.1%
−1.0 ptssince 2009
from 74.2% in 2009
US average: 75.1%
No vehicle available
8.8%
−1.1 ptssince 2009
from 9.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.5%
−7.7 ptssince 2011
from 13.1% in 2011
US average: 5.4%
Labor force participation
61.0%
+0.3 ptssince 2011
from 60.7% in 2011
US average: 63.4%
Management & professional
30.6%
−29.6 ptssince 2009
from 60.2% in 2009
US average: 39.3%
Section 08

People & community

Male
49.4%
−0.2 ptssince 2009
from 49.6% in 2009
Female
50.6%
+0.2 ptssince 2009
from 50.4% in 2009
Foreign born
15.6%
+0.8 ptssince 2009
from 14.8% in 2009
US average: 13.5%
Uninsured
10.2%
−73.9 ptssince 2013
from 84.1% in 2013
US average: 8.8%
Drill deeper

Places similar to Lakewood

Port Orange
Pop 66,395
Marietta
Pop 63,574
Coconut Creek
Pop 58,626
Four Corners
Pop 65,048
Places similar to Lakewood
Head to head

Compare Lakewood to nearby cities

LAKEWOOD VS
University Place
Income$99,031+78%
Home value$624,800+102%
Population35,479−43%
SEE FULL COMPARISON →
LAKEWOOD VS
Parkland
Income$72,239+30%
Home value$423,000+37%
Population38,742−38%
SEE FULL COMPARISON →
LAKEWOOD VS
Fort Lewis
Income$58,796+6%
Home value$211,500−32%
Population15,167−76%
SEE FULL COMPARISON →
LAKEWOOD VS
Midland
Income$84,700+52%
Home value$412,800+33%
Population9,050−86%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakewood, Washington?

Lakewood, Washington has about 63,612 residents according to the 2020 American Community Survey.

What is the median household income in Lakewood, Washington?

The typical household in Lakewood, Washington earns about $55,723 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 $309,600, and the typical rent is about $1,095 a month.

How educated are people in Lakewood, Washington?

About 22.2% 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 14.7% 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 5,200 residents, a change of about 9 percent over that period.

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

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