Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Lakewood, OH Population, Income & Demographics 2026

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Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

50,007

Median Agei

35.5

Race & Ethnicityi

White

83%41,521

Black

5.5%2,731

Hispanic/Latino

4.3%2,155

Two or More

3.9%1,928

Asian

3.1%1,561

Other

0.2%96

American Indian/Alaska Native

0%15

Educational Attainment (Age 25+)i

GED/Alternative

1.9%711

High School Diploma

15.9%6,109

Some College (<1 yr)

4%1,543

Some College (1+ yr)

11.8%4,524

Associate's Degree

6.7%2,585

Bachelor's Degree

35.6%13,618

Master's Degree

14.2%5,446

Professional Degree

3.2%1,210

Doctorate

2.4%910

HS or Higher

95.7%

BA or Higher

55.3%

Graduate+

19.8%

Housingi

Median Home Valuei

$262,200

Median Renti

$1,070

Tenure

Owner-Occupied

44.4%11,927

Renter-Occupied

55.6%14,949

Total Units

29,105

Homeownership

44.4%

Vacancy Rate

7.7%

Home Values

Under $50K

2.7%327

$50K–$100K

2.1%250

$100K–$150K

8.8%1,049

$150K–$200K

15.3%1,820

$200K–$300K

35.4%4,218

$300K–$500K

28%3,337

$500K–$1M

6.6%789

$1M+

1.1%137

Rent Distribution

Under $500

590

$500–$750

1,711

$750–$1,000

3,976

$1,000–$1,250

3,615

$1,250–$1,500

2,422

$1,500–$2,000

1,830

$2,000+

442

Year Built

2020 or later

0%14

2010–2019

0.8%238

2000–2009

0.7%211

1990–1999

1.6%462

1980–1989

2.8%829

1970–1979

7.7%2,227

1960–1969

12.9%3,755

1950–1959

8.5%2,468

1940–1949

5.3%1,554

1939 or earlier

59.6%17,347

Heating Fuel

Utility Gas

76.9%20,677

Electricity

17.2%4,623

Bottled/LP Gas

2%547

No Fuel

2%546

Other

1.1%294

Wood

0.3%77

Coal

0.3%69

Fuel Oil

0.2%43

Economyi

Median Household Incomei

$68,954

Mean Household Incomei

$96,061

Per Capita Incomei

$52,111

Poverty Ratei

10.2%

Unemploymenti

Labor Forcei

32,682

Household Income Distribution

Under $10K

4.6%1,247

$10K–$15K

5%1,349

$15K–$20K

2.6%712

$20K–$25K

3.7%990

$25K–$30K

3.2%853

$30K–$35K

4%1,088

$35K–$40K

3.2%864

$40K–$45K

4.9%1,308

$45K–$50K

4.1%1,092

$50K–$60K

7.5%2,003

$60K–$75K

11.2%3,008

$75K–$100K

13.7%3,676

$100K–$125K

7.9%2,114

$125K–$150K

6.9%1,865

$150K–$200K

7.5%2,005

$200K+

10.1%2,702

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

903

Residentsi

1,131

Avg. Tenant Renti

$282/mo

Avg. Waitlisti

24 months

Programs in this community

Housing Choice Vouchers348 homes98% occupied$306/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Mod Rehab55 homes108% occupied$169/mo rent

Rehabilitated buildings with project-based rental assistance

Project Based Section 8489 homes98% occupied$277/mo rent

Privately owned apartments with rent subsidies tied to the building

811/PRAC10 homes

Household Incomei

Based on area median of $68,954/yr

Extremely low incomeUnder $21K/yr

74.2%

Very low income$21K–$34K/yr

23%

Who Receives This Housing

61.8% of subsidized households are headed by a single mother

31.5% of subsidized households are minority

24.8% of subsidized households include someone with a disability

62.5% of subsidized households include a senior (62+)

Commute & Transportationi

Workersi

30,267

Avg. Commutei

22.8 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

30,920

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

2,061(4.8% of civilian adults)