Lakewood, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, Lakewood, Ohio had a total population of 50,007, the 18th largest city in Ohio, with a median household income of $68,954, which is 3% lower than the state average. The poverty rate is 10.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- 55.3% of adults hold a bachelor's degree or higher — top 10% in Ohio.
Lakewood Quick Facts
How Lakewood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 50,229 | 50,007 | -0.4% |
| Median household income | $65,925 | $68,954 | +4.6% |
| Median home value | $241,500 | $262,200 | +8.6% |
How Lakewood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Lakewood Rankings in Ohio
Explore Ohio Rankings
Other Cities in Cuyahoga County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Cleveland | 366,097 | $40,801 | 30.6% | $102,000 |
| Parma | 79,870 | $69,295 | 10.1% | $170,100 |
| Euclid | 48,823 | $50,285 | 16.6% | $126,500 |
| Strongsville | 45,983 | $103,253 | 5.3% | $298,300 |
| Cleveland Heights | 44,497 | $72,826 | 15.9% | $192,100 |
| Westlake | 34,104 | $112,200 | 4.9% | $368,200 |
| North Olmsted | 31,924 | $84,363 | 8.3% | $219,800 |
| North Royalton | 30,972 | $83,670 | 5.8% | $292,600 |
| Garfield Heights | 29,269 | $54,593 | 22.0% | $109,900 |
| Shaker Heights | 28,922 | $104,073 | 8.4% | $303,200 |
Cities Similar to Lakewood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cuyahoga Falls | 50,909 | $72,705 | $183,300 | 37.7% | 10.5% |
| Newark | 50,783 | $61,670 | $192,300 | 23.0% | 17.1% |
| Middletown | 51,617 | $57,102 | $164,400 | 17.6% | 17.1% |
| Cleveland Heights | 44,497 | $72,826 | $192,100 | 58.7% | 15.9% |
| Fairfield | 44,828 | $77,937 | $234,500 | 30.7% | 8.4% |
Population Overview
Lakewood is a mid-sized community located in Ohio, within Cuyahoga County. The total population is 50,007. It ranks as the 18th most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in Lakewood is 35.5 years. This is 11% lower than the state median of 39.7 years. Only 14.3% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Lakewood is $68,954. This is 3% lower than the state median of $71,389. It is also 15% lower than the national median of $80,734. The poverty rate stands at 10.3%. This is 23% lower than the state poverty rate of 13.3%. The unemployment rate is 5.0%. This is 5% higher than the state rate of 4.8%. The median home value is $262,200. Housing costs are 22% higher than the state median of $214,800. The home-value-to-income ratio is 3.8x. 44.4% of occupied housing units are owner-occupied. This homeownership rate is 34% lower than the state average of 67.2%.
Race & Ethnicity
The largest racial or ethnic group in Lakewood is White (non-Hispanic), making up 83.0% of the population. Black or African American residents account for 5.5%. The Black or African American population (5.5%) is well below the state average of 12.0%.
Education
55.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Lakewood in the top 10% of all cities in the state for educational attainment. This is 76% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.7%. Notably, 19.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lakewood, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lakewood, Ohio?
Lakewood, Ohio has a population of 50,007 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lakewood, OH?
The median household income in Lakewood is $68,954, which is 15% lower than the national median of $80,734.
What is the poverty rate in Lakewood, OH?
The poverty rate in Lakewood is 10.3%. This means approximately 5,095 residents live below the federal poverty line.
What is the racial makeup of Lakewood, Ohio?
Lakewood's population is 83.0% White, 5.5% Black, 4.3% Hispanic/Latino, and 3.1% Asian.
What is the median home value in Lakewood, OH?
The median home value in Lakewood is $262,200. The home-value-to-income ratio is 3.8x.
How educated is Lakewood, Ohio?
55.3% of adults (25+) in Lakewood hold a bachelor's degree or higher, and 19.8% hold a graduate or professional degree.