Lakewood, NJ
Population 69,884 · New Jersey
About Lakewood, NJ
Lakewood is a mid-sized city in New Jersey with a population of 69,884 residents. The median household income is $57,576 per year, which is near the national average. The median age in Lakewood is 17.3 years.
Housing in Lakewood has a median home value of $618,400 and median monthly rent of $1,647. Of the 14,534 total housing units, renting is more common than owning, with 5,173 owner-occupied and 8,795 renter-occupied units.
The unemployment rate in Lakewood is 6.8% and the poverty rate is 29.3%. 31.3% of residents hold a bachelor's degree or higher. The average commute time is 21.1 minutes.
How Lakewood Ranks in New Jersey
Cost of Living in Lakewood, NJ
Compared to national averages, Lakewood has a median household income of $57,576 (23% below the national median of $75,149). Home values average $618,400, which is 153% above the national median. Monthly rent at $1,647 is 42% above the US average of $1,163. Within New Jersey, Lakewood's income is 50% below the state average of $115,667, and home values are 32% above the state median of $469,644.
Why Live in Lakewood, NJ?
Lakewood offers short commute times averaging just 21.1 minutes.
Potential considerations include median household income ($57,576) that falls below the national average, and a competitive housing market where the typical home costs $618,400. However, as a mid-sized city, Lakewood provides access to a wide range of amenities and services.
Lakewood has a population of 69,884 with a median age of 17.3 years. Compare Lakewood with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lakewood
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Passaic | 69,651 | $56,780 | $406,500 | Compare |
| Bayonne | 70,468 | $81,285 | $446,100 | Compare |
| East Orange | 69,183 | $59,872 | $315,500 | Compare |
| Camden | 71,471 | $40,450 | $100,400 | Compare |
| Union City | 66,375 | $65,369 | $446,800 | Compare |
| Vineland | 60,692 | $65,854 | $218,200 | Compare |
| Hoboken | 58,340 | $176,943 | $872,100 | Compare |
| New Brunswick | 55,744 | $60,248 | $316,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lakewood With Other Cities
Frequently Asked Questions about Lakewood
What is the population of Lakewood, NJ?
The population of Lakewood, NJ is 69,884 according to the latest Census data.
What is the median household income in Lakewood?
The median household income in Lakewood, NJ is $57,576 per year.
What is the median home value in Lakewood?
The median home value in Lakewood, NJ is $618,400.
What is the average rent in Lakewood?
The median monthly rent in Lakewood, NJ is $1,647.
What is the unemployment rate in Lakewood?
The unemployment rate in Lakewood, NJ is 6.8%.