Living in Lakewood, OH
A comprehensive, data-driven guide to life in Lakewood. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.
Population: 50,605
Lakewood at a Glance
Median Home Value
$221,100
Nat'l avg: $281,900
Median Rent
$888
Nat'l avg: $1,163
Violent Crime
3.6 per 1K
Nat'l avg: 3.7 per 1K
Walk Score
0/100
Car-Dependent
Median Income
$63,299
Nat'l avg: $74,580
Air Quality
AQI 43
Good
Climate Risk
Very Low
Score: 7.69861938568014
Population
50,605
National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K
Car-Dependent
N/A
26
Lakewood, Ohio, is a hidden gem for those seeking urban living with a neighborly feel, all without breaking the bank. Nestled just west of Cleveland, this city of 50,605 residents offers a refreshing blend of affordability and convenience. Imagine strolling along tree-lined streets, where the median home value hovers around $221,100, significantly below the national average. This affordability, coupled with a vibrant arts scene and a palpable sense of community, makes Lakewood an attractive destination for young professionals, families, and anyone seeking a balanced lifestyle. The city’s walkability, with its bustling avenues filled with local shops and restaurants, further enhances its appeal, allowing residents to embrace a more relaxed pace of life. From an investment perspective, Lakewood presents a compelling opportunity. While the median household income is $63,299, slightly below the national average, the lower cost of living provides a comfortable lifestyle. The housing market is stable, with a variety of housing options to suit different tastes and budgets. Safety is a priority, with well-maintained public spaces and a strong police presence contributing to a secure environment. Lakewood is ideal for those who value community, enjoy easy access to city amenities, and appreciate a financially sensible approach to homeownership. It’s a place where you can build a fulfilling life, invest in your future, and truly feel at home.