Lakewood at a Glance
Population
50,605
Median Home Value
$221,100
Nat'l avg: $281,900
Median Rent
$888
Nat'l avg: $1,163
Median Income
$63,299
Nat'l avg: $74,580
Violent Crime
1.4 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
0/100
Car-Dependent
Air Quality
AQI 43
Good
Climate Risk
Very Low
Score: 7.70
Explore Lakewood
Dive deeper into Lakewood with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Lakewood ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Lakewood
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Lakewood
Young Professionals
Best neighborhoods for career starters in Lakewood
Retiree Neighborhoods
Best neighborhoods for retirees in Lakewood
Living In Guide
Complete guide to life in Lakewood — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Lakewood with detailed data
About Lakewood
Lakewood, Ohio, is a hidden gem for those seeking urban living with a neighborly feel, all without breaking the bank. Nestled just west of Cleveland, this city of 50,605 residents offers a refreshing blend of affordability and convenience. Imagine strolling along tree-lined streets, where the median home value hovers around $221,100, significantly below the national average. This affordability, coupled with a vibrant arts scene and a palpable sense of community, makes Lakewood an attractive destination for young professionals, families, and anyone seeking a balanced lifestyle. The city’s walkability, with its bustling avenues filled with local shops and restaurants, further enhances its appeal, allowing residents to embrace a more relaxed pace of life. From an investment perspective, Lakewood presents a compelling opportunity. While the median household income is $63,299, slightly below the national average, the lower cost of living provides a comfortable lifestyle. The housing market is stable, with a variety of housing options to suit different tastes and budgets. Safety is a priority, with well-maintained public spaces and a strong police presence contributing to a secure environment. Lakewood is ideal for those who value community, enjoy easy access to city amenities, and appreciate a financially sensible approach to homeownership. It’s a place where you can build a fulfilling life, invest in your future, and truly feel at home.