Lakewood city, Washington Demographics & Population 2026
As of 2026, Lakewood city, Washington has a total population of 63,034, the 21st largest city in Washington, with a median household income of $70,524, which is 26% lower than the state average. The poverty rate is 13.6%.
Key Takeaways
- One of the most racially diverse communities in Washington (diversity index: 71/100).
Lakewood city Quick Facts
How Lakewood city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
This community is exceptionally diverse, with no single racial or ethnic group dominating the population.
State average: 55 | National average: 60
Education
Educational Attainment (Adults 25+)
Lakewood city Rankings in Washington
Explore Washington Rankings
Cities Similar to Lakewood city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Richland city | 61,912 | $92,550 | $401,800 | 46.0% | 9.3% |
| Olympia city | 55,583 | $76,930 | $457,900 | 50.0% | 14.8% |
| Lacey city | 57,088 | $87,277 | $427,900 | 32.2% | 11.0% |
| Pasco city | 78,446 | $81,130 | $344,700 | 20.7% | 12.6% |
| South Hill CDP | 68,161 | $109,235 | $493,800 | 32.4% | 6.9% |
Population Overview
Lakewood city is a mid-sized community located in Washington. The total population is 63,034. It ranks as the 21st most populous out of 631 cities and towns in Washington.
Age Demographics
The median age in Lakewood city is 36.3 years. This is 5% lower than the state median of 38.2 years.
Economy, Income & Housing
The median household income in Lakewood city is $70,524. This is 26% lower than the state median of $94,952. Compared to the national median of $78,538, household income here is 10% lower. The poverty rate stands at 13.6%. This is 37% higher than the state poverty rate of 9.9%. The unemployment rate is 5.5%. This is 11% higher than the state rate of 5.0%. The median home value is $420,500. Housing costs are 19% lower than the state median of $519,800. The home-value-to-income ratio is 6.0x. 44.8% of occupied housing units are owner-occupied. This homeownership rate is 30% lower than the state average of 63.9%.
Race & Ethnicity
Lakewood city is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Hispanic or Latino residents account for 20.2%. The Black or African American population is significantly higher than the state average (12.7% vs 3.8%).
Education
22.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.1%.
Data Sources & Methodology
All demographic data for Lakewood city, Washington is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Washington state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 631 Census-designated places in Washington. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Lakewood city, Washington?
Lakewood city, Washington has a population of 63,034 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lakewood city, WA?
The median household income in Lakewood city is $70,524, which is 10% lower the national median of $78,538.
What is the poverty rate in Lakewood city, WA?
The poverty rate in Lakewood city is 13.6%. This means approximately 8,406 residents live below the federal poverty line.
What is the racial makeup of Lakewood city, Washington?
Lakewood city's population is 44.1% White, 12.7% Black, 20.2% Hispanic/Latino, and 7.2% Asian.
What is the median home value in Lakewood city, WA?
The median home value in Lakewood city is $420,500. The home-value-to-income ratio is 6.0x.
How educated is Lakewood city, Washington?
22.6% of adults (25+) in Lakewood city hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.