Lakewood is a city in Ohio state in USA with a population of 50002 residents.. The poverty rate of Lakewood is 13%, which is 7% lower than national average. The typical household in Lakewood earns $54487 a year, compared to the national median of $67,500. Nearly 44.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lakewood, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lakewood remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lakewood, only 47% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Lakewood is 95, which is 5% lower than national average. Median home value in Lakewood is $171600 , which is 25% lower than national average. While median income in Lakewood remained $54487, which is 19% lower than national average.