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    Lakewood

    Lakewood city, Ohio

    Affordable
    About Lakewood

    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.

    Lakewood, Ohio at a Glance

    Lakewood is a city in Lakewood city, Ohio with a population of approximately 50,605. The median home value is $221,100 and the median household income is $63,299. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $888 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.

    Median Home Value

    $221,100

    Median Income

    $63,299

    Population

    50,605

    Walk Score

    0

    Air Quality

    AQI 43

    Good

    Climate Risk

    Very Low

    Kurby Score
    72
    B+

    Good

    Walkability & Transit13/100
    Affordability87/100
    Safety95/100
    Economy62/100
    Environment88/100
    Education: Unavailable

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    Demographics
    Population
    50,605
    Median Age
    N/A
    Median Household Income
    $63,299

    15% below nat'l avg

    Bachelor's Degree+
    N/A
    Poverty Rate
    11.8%

    5% below nat'l avg

    Housing
    Median Home Value
    $221,100

    22% below nat'l avg

    Median Rent
    $888

    24% below nat'l avg

    Homeownership Rate
    88.0%

    34% above nat'l avg

    Affordability Index
    135

    35% above nat'l avg

    Safety
    Violent Crime Rate
    1.4 per 1K

    61% below nat'l avg

    Property Crime Rate
    5.7 per 1K

    70% below nat'l avg

    Livability
    Walk Score
    0 / 100

    100% below nat'l avg

    Transit Score
    N/A
    Bike Score
    26 / 100

    19% below nat'l avg

    Want a detailed report for a specific address in Lakewood?

    Air Quality
    AQI
    43

    Near nat'l avg

    Category
    Good
    GoodModerateUnhealthy
    Climate Risk
    Overall Risk
    Very Low
    Risk Score
    7.70

    Top Hazards

    Ice Storm
    Relatively Moderate
    Landslide
    Very Low
    Hail
    Relatively Moderate
    Noise Levels
    Overall
    Quiet
    Road Traffic
    N/A
    Aviation
    N/A
    Rail
    N/A
    Utility Costs
    Electricity Rate
    11.8¢/kWh

    29% below nat'l avg

    Est. Monthly Electric
    $106

    23% below nat'l avg

    Employment
    Unemployment Rate
    5.4%

    46% above nat'l avg

    Poverty Rate
    11.8%

    5% below nat'l avg

    Weather & Climate in Lakewood

    Avg High

    61°F

    Avg Low

    44°F

    Annual Rainfall

    "

    Avg Humidity

    NaN%

    Monthly Temperature (°F)
    Monthly Precipitation (inches)

    Political Landscape

    Political Leaning
    Strongly Republican
    DemocratRepublican

    → Politically stable

    Based on Morrow County county-level presidential election data

    Presidential Election Results

    Culture & Things to Do in Lakewood

    Professional Sports Teams
    Cleveland Guardians
    MLB
    Progressive Field
    Cleveland Cavaliers
    NBA
    Rocket Mortgage FieldHouse
    Cleveland Browns
    NFL
    Cleveland Browns Stadium
    Cleveland Monsters
    NHL
    Rocket Mortgage FieldHouse
    Attractions & Landmarks
    🌳Lakewood Park(park)
    🏗️Crocker Park(landmark)
    🎭The Beck Center for the Arts(theater)
    🏖️Lake Erie(beach)
    📜Lakewood Public Library(historic)
    🏗️Solstice Steps(landmark)
    Local Events & Festivals

    Lakewood Arts Festival

    Annual juried art fair showcasing local and regional artists.

    Lakewood Summer Meltdown

    A street festival with music, food, and family activities.

    Front Steps Concerts

    Free outdoor concerts held on porches and front lawns throughout the city.

    Spooky Lakewood

    A Halloween celebration with trick-or-treating and spooky events.

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