Lakewood, WA Community Information

Lakewood, WA Homes for Sale

Lakewood, WA Community Information

Population

65,278

Median Age

32.6

Median Household Income

$48,931

Households with Children

47.96%

Median Travel Time to Work

25 minutes

Lakewood, WA Real Estate Market Information

Homes Owned

42.56%

Homes Rented

53.22%

Homes Vacant

4.22%

Lakewood, WA Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

10:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Lakewood, WA School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 65,278
  • Total Male Population 32,713
  • Total Female Population 32,565
  • Population change since 2000 4.10%
  • Median age 32.6
  • Percent of households with children 47.96%
  • Personal Crime risk 136

Transportation

  • Median travel time to work 25 minutes
  • Percent using Public transportation 3.77%
  • Percent Driving/Using Carpool 89.27
  • Percent Using Other transportation 3.92%
  • Percent Working From Home 3.04%

Education Levels

  • Some high school 10.64%
  • High school graduate 28.54%
  • Some college 26.89%
  • Associate degree 10.84%
  • Bachelor's degree 14.60%
  • Graduate degree 8.48%

Occupation

  • Agriculture, forestry, and fishing 0.40%
  • Construction 5.22%
  • Manufacturing 7.55%
  • Wholesale Trade 2.77%
  • Retail Trade 11.26%
  • Finance, insurance and real estate 5.80%
  • Services 5.68%
  • Public administration 8.99%
  • Information 2.31%
  • Professional 8.71%
  • Education 25.74%
  • Arts 10.01%

Income

  • Average household income $64,361
  • Income change since 2000 24.10%

Climate

  • Avg. January high/low temp 44.78 / 33.14
  • Avg. July high/low temp 75.31 / 52.26
  • Annual precipitation 41.11
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