1. States
  2. /Washington
  3. /Pierce County
  4. /Lakewood
CSASeattle-TacomaMSASeattle-Tacoma-Bellevue#13/78 Population

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Showing latest year with year-over-year changes. Full permit history available with a paid plan. View plans →

Year

Insightsi

Construction activity in 2024 was up 463.8% from the prior year, with 451 housing units permitted.

  • •554% more units than the average Pierce County town (69), suggesting faster-than-typical growth.
  • •Average unit valued at $254K — 15% below the Pierce County average of $299K, indicating more affordable construction.
  • •89.4% of new units were multi-family (apartments, condos, duplexes).

Total Unitsi

451 ▲ 463.8%

2024

Total Valuei

$114.5M ▲ 446.2%

2024

Single-Familyi

10.6%

48 units

Multi-Familyi

89.4%

403 units

Lakewood vs. Avg. Pierce Co. Town (2024)i

LakewoodAvg.Diff
Total Unitsi45169+554%
Total Valuei$114.5M$20.6M+456%
Single-Familyi4846+4%
Multi-Familyi40323+1652%
Buildingsi6847+45%
Value / Uniti$254K$299K-15%

Housing Units Permittedi

Solid line is Lakewood; dashed line is Pierce County average.

Construction Valuei

Solid line is Lakewood; dashed line is Pierce County average.

Census BPS